Some budding entrepreneurs from the Ken Saro-Wiwa Innovation Hub on Wednesday 18th were given the privilege to present their business ideas and projects to investors and potential clients.
The KSIH Pitch Day was organized with sponsorship from Stakeholder Democracy Network to allow these early-stage companies to attract funding, partnerships and clientele for their projects.
Top business executives, representatives of several banks, members of the civil society and the media listened with rapt attention as each company used slides of pictures and a few paragraphs to outline what they are doing, the traction they are seeing and team Bios. The event held at Elkan Terrace Hotel in GRA, Port Harcourt.
The young companies that made presentations include Entric, Nira Stock, TinX and Alpha Next
Speaking at the event, chief executive officer of Bobmanuel Tractor Limited and president of Rivers Entrepreneurs and Investors Forum, said he feels very much at home as he naturally connected with the young businessmen. Recounting his odyssey into the entrepreneurial world, he said: I have always been a passionate entrepreneur right from when I was in school.”
“Getting into school, the first thing I told my self was that I wanted to make money and at the same time make good grades. So I worked round the clock to find a niche for myself”, he said.
“As at when I left school I was very successful that I had a haulage company that was running. I had three trailers. I had two cars of mine. I lived very comfortably.”
“My last entrepreneurial effort is Bobtrac, the first indigenous tractor manufacturing company. Bobtrac is a company we project to invest as much as $50 million and we have done 50% of that”
“We manufacture wholly Nigerian tractors and we have a sales projection of a thousand tractors in a year, which will not be too hard.”
He said if we could come from our very humble beginning with a focus that this is where we intend to be- if we can make it. The younger ones are even smarter than we are, you guys have what it takes to even do better.”
Also, a former member of the Rivers state House of Assembly, Dr Victoria Nyeche said she was impressed seeing people standing confidently as CEOs and demonstrating ideas that would help change the narrative about Nigeria.
“This is what happens in developed countries where young people become CEOs of thriving companies “, she said.
Dr Nyeche charged the new CEOs to take the criticism on their works as tools to further sharpen their ideas. “When you start a business, don’t get challenged no matter the challenges. Behind every success story, some stories are not so successful”, she added.
All the companies that participated in the Demo are products of Ken Saro-Wiwa Innovative Hub(KSIH). KSIH is sponsored by Stakeholder Democracy Network, the hub serves as a centre where developers, designers, entrepreneurs and trainees come together to learn, practice, network and build innovative solutions to inherent challenges in the region. The Hub provides the following Activities: Tech Training’s and Meetups, Incubation Programme, Co-working Space and Community for aspiring techies.
The hub runs a 6-month ‘incubation’ programme known as the Ken Jr Award for Innovation. The programme is designed for aspiring tech entrepreneurs, providing training, mentorship support, and soft skills to teams of people who have a business idea and minimum viable product that they want to take to market. The incubation programme aims to help mid-stage startups to build on their idea/ prototype/ venture through technology mentoring, validation, intellectual property support, marketing strategy, team building, fundraising advisory etc.
BREAKING: Obaseki wins again as Court dismisses alleged case of certificate forgery
A Federal High Court in Abuja has dismissed the alleged certificate forgery suit brought against Governor Godwin Obaseki of Edo State by the All Progressives Congress (APC) and one of its members, Edobor Williams.
Justice Ahmed Mohammed, in a judgment a moment ago, held that the plaintiffs failed to prove their claim that Obaseki forged his academic certificates that he submitted to the Independent National Electoral Commission (INEC) before the last governorship election in the state.
The judge found as lazy, the attitude of the plaintiffs, who did no make any efforts to cross-check from the University of Ibadan (UI) and the West African Examination Council (WAEC), the two institutions that issued the certificates they claimed Obaseki forged.
Missing 12-Year-Old Girl Found Alive With Her Throat Slit After 5 Days Inside Soakaway In Delta
12-year-old Blessing Ineh, who reportedly went missing in Abraka, Ethiope East Local Government Area of Delta, has been found alive inside a soakaway.
It was gathered the the young girl was last seen on New Year Day after she was sent on an errand by her parents.
She was found inside a soakaway located behind her family house on Tuesday, January 5, after a child heard her whimpering and raised an alarm.
According to reports by popular Warri online news portal, Warri Aproko, the young girl was abducted by three men, allegedly stabbed on the back and her throat slit before she was dumped in the soakaway.
Her body was found covered in white chalk which seems to suggest that it was a case of attempted ritual murder by suspected internet fraudsters.
The victim is currently receiving treatment in an undisclosed hospital.
Meanwhile, it was further learnt that Blessing revealed that her neighbour identified simply as “General” was one of the men behind the dastardly act.
According to the victim, General was the one who lured and whisked her away in a car. After they were done, the men dumped her inside the soakaway to die.
The suspect is said to have disappeared from the compound since the day the girl went missing.
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