The Kwara State Government and IHS Nigeria have signed a Memorandum of Understanding (MoU) to establish a technology innovation facility in Kwara State. The project, tagged “Ilorin Innovation Hub,” will provide a space for young entrepreneurs and innovators to develop and launch their businesses.
Under the MoU, IHS Nigeria will provide financial and technical support to complete the building of the Ilorin Innovation Hub, in addition to operating and managing it for the Kwara State Government. IHS Nigeria will also deliver various training programs, including digital skills enhancement and accelerator programs for start-ups at the Hub.
Speaking at the MoU signing ceremony, Governor AbdulRahman AbdulRazaq of Kwara State expressed his commitment to providing an enabling environment for technology talent and startups to thrive. "This project aligns with our administration's efforts to stimulate and deepen the alignment of technology, innovation, entrepreneurship, investment, and job creation for young people," Governor AbdulRazaq stated.
IHS Nigeria CEO Mohamad Darwish emphasized the project's potential to transform Kwara State into an economically viable and self-sustainable state. "We are honored to be part of this project with the Kwara State Government to develop a facility that seeks to be the largest innovation center in Nigeria, both in terms of size and quality of programs," Darwish remarked.
The Ilorin Innovation Hub is expected to be completed by July 2024 and will provide a range of resources and support for young entrepreneurs, including:
- Co-working spaces and incubation facilities
- Access to mentorship and networking opportunities
- Funding and investment opportunities
- Training and workshops in digital skills and entrepreneurship
The Kwara State Government and IHS Nigeria believe that the Ilorin Innovation Hub will play a vital role in fostering innovation and entrepreneurship in Kwara State, leading to job creation, economic growth, and improved quality of life for its citizens.
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