Head of Creativity and InnovationMIT REAP Team Lagos City’s regional focus is on the Yaba suburb of the City of Lagos in Nigeria. The team is represented from all stakeholder categories. Some of the stakeholders include Techpreneur Africa, Access Bank, Lagos Angel Network, University of Lagos, Lagos State Employment Trust Fund.

Team Members

University
Government
Corporate
Risk Capital
Entrepreneur

Innovation Ecosystem Stakeholder Model

Edemanwan Effiom
Champion
Project Manager, Techpreneur Africa
Toba Otusanya
Champion
Director General LASG-Office of Transformation, Creativity and Innovation
Adekunmilola Adio-Moses
Chief Admin & HR Officer-LASG-Office of Transformation, Creativity and Innovation
Toyin Anjous-Ademuyiwa
Director Creativity and Innovation-LASG-Office of Transformation, Creativity and Innovation
Rotimi Finnih
Director, Technopreneur Africa
Oyetola Odukomaiya
Senior Admin & Human Resources Officer
Kazeem Oladepo
General Counsel and Company Secretary, Main One Cable Company
Duro Oni
Deputy Vice-Chancellor, University of Lagos

Team Strategy

  • Challenge & Opportunity
  • Strategy & Action
  • Region of focus:
    • Yaba suburb of the City of Lagos, Nigeria
  • Comparative advantage:
    • Top 3 Industries:
      • Financial Services
      • Telecom
      • Entertainment
    • Young
    • Entrepreneurial
    • Coastal
    • Cosmopolitan
    • Fast Growth
  • Core Challenges:
    • Population explosion
    • Rising youth unemployment rates
    • Widening income gap
    • Limited and immature risk capital
    • Significant knowledge gap needed to advance the economy
    • Inadequate facilities/infrastructure to support learning, experimentation and collaboration
    • Lack of coordination among stakeholders leading to duplicated intervention programs
  • Stakeholder Insight:
    • Champion (Entrepreneur):
      • Mobolaji Finnih – Founder, Techpreneur Africa
    • Representation from all stakeholder categories
    • High degree of entrepreneurs out of economic necessity & high unemployment
    • Both national and Lagos governments are from the same party

Will be updated once the team graduates from the program.

REAP Strategy:

  • One Lagos Skills Accelerator Program
    • Building a new globally competitive creative class
    • Focus areas: Coding, data science, music and entertainment
    • Providing commercially-viable, in-demand skills to a significant proportion of youth
    • Providing basic & cost-effective locations that enable environment for accelerated learning, safe experimenting and sharing/collaborating
    • Coordinating with demand-side partners to increase quality employment options
    • Leverage already existing assets across stakeholder groups to maximize collective impact
  • Sloan Newsroom Article
  • Executive Summary

Core Regional Metrics

Economic & Social Progress

Social progress and economic prosperity as a collective measure of development in a region.

Innovation-Driven Entrepreneurial Ecosystem

Innovation-Driven Entrepreneurial Ecosystems are regional environments that effectively support startups focused on addressing global markets based on technological, process or business model innovation.

Innovation Capacity

Ability to develop new to the world innovations from inception through to the market.

EXPAND ALL

People

Coming soon!

Funding

Coming soon!

Infrastructure

Coming soon!

Policy

Culture & Community

Coming soon!

Demand

Performance

Coming soon!

Entrepreneurial Capacity

Ability to start and build new to the world businesses from inception to maturity.

EXPAND ALL

People

Funding

Coming soon!

Infrastructure

Coming soon!

Policy

Culture & Community

Coming soon!

Demand

Coming soon!

Performance

Coming soon!

Team News

November 21, 2016

Role of Governor Ambode, in the Ongoing Progress of Lagos State

READ MORE
November 17, 2016

Lagos to adopt Boston model to tackle environmental challenges

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April 12, 2017

Africa is the next frontier for VCs

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August 22, 2017

For MIT Team, early entrepreneurial success in Nigeria

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