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.
BBNaijaFinale: #Laycon emerges winner of BBNaija lockdown edition 2020
The 2020 edition of the Big brother Naija reality TV show has finally come to a close with housemate and top finalist, Laycon emerging the winner .
Laycon was declared the winner of the 2020 lockdown edition of the show on Sunday after he beat other housemates with the highest number of votes from viewers.
Fellow housemate, Dorathy, emerged the 1st runner up while Nengi was declared the 2nd runner up.
Police nab 8 suspected cultists for terrorizing neighborhood while mourning colleague
Ogun State Police Command has arrested eight suspected members of Black Axe (aka Aiye) confraternity.
They were nabbed on September 24 while mourning a colleague.
Public Relations Officer of the command, Abimbola Oyeyemi, made this known in a statement on Sunday.
The names and ages of those in custody are Olatunji Opeyemi, 26; Ayuba Oduola, 25; Sobowale Abiodun, 28; Sobowale Sunday, 25; Adelowo Olalekan, 32; Kareem Lanre, 21; Emmanuel Adebisi, 21; and Tobiloba Wasiu, 20.
The spokesman disclosed that they were nabbed following a complaint to Ogijo police station.
A 16-year-old boy, Onome Iduru, was shot during the cultists’ procession and was rushed to the station.
Oyeyemi said the cultists after opening fire on the victim, took his phone and unleashed terror on the community.
“Upon the report, the DPO Ogijo division, Muhammed Suleiman Baba led his men to the scene where eight members of the violent group were arrested after serious encounter with the policemen.
A banner designed with the group insignia to announce the death of their member was recovered from them while the injured victim was taken to Oladayo hospital for medical attention,” he noted.
The Commissioner of Police, Edward Awolowo Ajogun, has ordered the transfer of the suspects to the Criminal Investigation and Intelligence Department.
Business11 months ago
NDDC BOARD: SENATOR PETER NWAOBOSHI AND OTHER SENATORS SCREEN NOMINEES
News4 months ago
Gunmen invade cemetery, exhume, move away with body of Rivers council boss who died of COVID-19
News8 months ago
How Two Secondary School Students Sold Their Colleagues To Ritualists In Ogun State