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LSETF, firm plan solutions for start-ups

Lagos State Employment Trust Fund (LSETF), and International Technology and Innovative Solutions Limited (INTECH), have signed a Memorandum of Understanding...

Teju Abisoye

Lagos State Employment Trust Fund (LSETF), and International Technology and Innovative Solutions Limited (INTECH), have signed a Memorandum of Understanding (MoU), with Global Performance Index International (GPI), to create and provide entrepreneurship solutions, training and up-skilling opportunities to start-ups in the state.

The MoU, signed by the Acting Executive Secretary, LSETF, Mrs. Teju Abisoye, and Chief Strategist, GPI, George Ashiru, is targeted at entrepreneurs who were unsuccessful in their applications Sfor the ‘Lagos Innovates’ programme.

The programme is an initiative of LSETF, designed to provide access to technical and financial support to tech-driven innovators and start-ups in Lagos.

Abisoye expressed optimism on the impact of the partnership, saying: “This partnership will help us to achieve a win-win outcome for the tech-based businesses seeking to access our interventions.

“This is because it was established with careful consideration of entrepreneurs who have unsuccessfully applied for the Lagos Innovates programme but have ideas that are innovative, viable and scalable.

“With the collaborative tools that this partnership provides these budding entrepreneurs will have the opportunities to share ideas, skills and business goals with like-minds and pre-selected mentors, as well as access a market that will progress their business objectives.”

Ashiru, however, added: “We at INTECH, are thrilled to be in partnership with LSETF to further create a top-of-the-class digital experience for start-ups in Lagos.

“Through this partnership, we will be creating a suite of software products, including an IdeaHub application, a community forum to foster interaction, encourage mentorship and sell product and services on the e-marketplace. This is a platform we are glad to unveil with LSETF.”

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