Firm Launches Business Growth Lab for Women 

Image

By Adedapo Adesanya

Connect Lab, an African focused Innovation Lab, has launched a female entrepreneurship development programme designed to reduce the inequalities and barriers affecting women in business.

According to the initiative, this will be done by accelerating progress in gender equality through entrepreneurship development, linking and learning and access to finance.

The Women in Business Growth Lab is a 3-month programme for early-stage women-led start-ups in Nigeria, created to stimulate businesses into profitable & sustainable enterprises to accelerate the creation of jobs on the continent.

The project is aimed at fostering gender equality and bridging the gap in the African tech ecosystem through impact investment for the attainment of Africa we want: Agenda 2063.

Through the Women in Business Growth Lab, Connect Lab will be supporting 40 female entrepreneurs covering four programme components; The Co-creation and Value Proposition Bootcamp, Incubation Programme, Women in Business Deal Day and the Growth Mentorship Exchange.

To further advance social sustainability and inclusion, Connect Lab is calling for applications from female start-up founders in Nigeria for the Women in Business Growth Lab.

The consideration is for female entrepreneurs between the ages of 18 – 35 years with an early stage start-up looking to grow your business?

The deadline for the application is 11:59 pm on Monday, November 30 and interested candidates can apply via https://bit.ly/wibgrowthlab

Connect Lab is focused on developing the next generation of youth-led ventures and impact-driven social enterprises, supporting the development of the African innovation and entrepreneurship ecosystem through entrepreneurship development, policy advocacy, and start-up investment.

A subsidiary of Work and Connect, a hybrid model enterprise support organisation that holistically builds capacity and supports the growth of youth-led businesses, innovation-driven entrepreneurs, accelerating MSMEs and innovates for good.

Share
Related Stories
Image
09-February-2024

Why Integrating Apps, Democratising Automation Should be Cornerstone of Every IT Strategy

By Linda Saunders As businesses look to transform the AI world, the demand for AI and automation tools is growing, intensifying the pressure on IT teams to deliver. This is especially true for the African continent. IT leaders across Africa are grappling to establish the governance and processes required to master the basics with widening digital skills gaps, disconnected systems, and compliance concerns among their top concerns. This is according to MuleSoft’s 2024 Connectivity Benchmark Report, which found that among 1,050 IT Leaders worldwide, 98% say they are facing challenges regarding digital transformation. 81% of IT Leaders report the persistence of

Image
16-January-2024

AI vs Humanity: A Battle of Identity

By Timbo Drayson Artificial intelligence (AI) is changing the world. The last two decades have laid the infrastructure to give over 5 billion people access to digital services through smartphones and the Internet. This has primed the world for an AI revolution, the exponential growth of which we’re beginning to see through services like ChatGPT that fundamentally change how we interact with technology. Like every technological paradigm shift, from fire to flying or the industrial revolution to the Internet, the benefits of AI will also be challenged by its threat. While my pronoid nature is certain that the net impact

More Stories
Image
26-September-2017

CAC Reduces Price of Business Registration

By Modupe Gbadeyanka The Corporate Affairs Commission (CAC) has announced reducing the process and cost of registering businesses in Nigeria. A statement issued by the Head of Public Affairs at the CAC, Mr Godfrey Ike, made this known on Tuesday. The statement quoted Registrar-General of the CAC, Mr Bello Mahmud, as saying that business owners can now register their firms without the usual hassles of the past. According to him, business registration can now be done seamlessly online at a very cheaper rate and promptly via the Company Registration Portal (CRP). “This has drastically reduced the registration cost hitherto charged

Image
11-January-2017

2016 Recap and 2017 Market Outlook

By Ambrose Omordion History has been made in the Nigeria capital market. For the third consecutive year, the benchmark All-Share Index of the Nigerian Stock Exchange (NSE) again contracted. The 2016 contraction, unlike those of 2014 and 2015 was a single digit decline, fueling hope of a recovery soon. The single digit contraction however resulted from the year-end seasonal trading volatility witnessed in the last few trading week of 2016, triggered by the low stock valuation and the agreement by members of the Organisation of Petroleum Exporting Countries (OPEC) to cut supply of crude oil to the international market as

Image
05-November-2016

Kwara Vows To Sustain Tempo of Road Projects

By Modupe Gbadeyanka The Kwara State Government has pledged to continue with its pace of construction of roads in the state, aimed at boosting the economy of the state of harmony, as Kwara is fondly called. Speaking on Friday while inspecting the ongoing construction of Maigida-Arobadi road in Moro local government area, Kwara State Commissioner for Works and Transport, Mr Aro Yahaya, expressed satisfaction with the level of work done on the road and encouraged the contractor to sustain the tempo. Mr Yahaya assured the contractor that the state government will not disappoint in the area of funding. During the

Image
17-August-2020

Lagos Reduces License Fees, Scraps 10% Tax for e-Hailing Services

By Adedapo Adesanya Following negative reactions that trailed its planned action, the Lagos state government has adjusted regulatory requirements for ride-hailing services operating in the state. In newly updated requirements, the government has slightly reduced the proposed licence fee and has introduced a road fund and raise more questions on data sharing and vehicle requirements. Business Post reported last week that ride-hailing platforms like Uber, Bolt, among others which operate in the commercial city will pay a 10 per cent tax on every ride alongside other license fees and sharing of their operational data. It was also disclosed that companies

Image
10-July-2019

2,210 NYSC Members Complete Orientation Exercise in Imo

A total of 2,210 members of the National Youth Service Corps (NYSC) have passed out of the orientation camp and deployed to different parts of the state for their primary assignment. During the passing out ceremony held at the NYSC Permanent Orientation Camp, Eziama Obaire, Nkwerre Local Government Area of the state, the Deputy Governor of Imo State, Mr Gerald Irona urged them to eschew every form of criminality, even as he charged them to be law abiding during their service year in the state. “I urge you to shun the get-rich quick syndrome, which leads to various acts of

Image
18-June-2023

CBN Introduces Use of eNaira for Diaspora Remittances

By Adedapo Adesanya The Central Bank of Nigeria (CBN) has announced the introduction of its digital currency, known as the eNaira, as a payment option to recipients of diaspora remittances. The apex bank said the move was in furtherance of efforts to liberalise the payout of diaspora remittance. The new policy was contained in the bank’s circular titled Operational Framework for eNaira Payment Option to Recipients of Diaspora Remittances, dated June 15, 2023. In the circular addressed to the International Money Transfer Operators (IMTOs) and the public and signed by CBN Director, Trade and Exchange Department, Dr Ozoemena Nnaji, it

Image
02-August-2021

Banks Swing into Action, Set up Teller Points for Forex Sales

By Ashemiriogwa Emmanuel In response to the recent directive from the Central Bank of Nigeria (CBN) that all Deposit Money Banks (DMBs) should make necessary arrangements to sell foreign currencies to retail customers, various commercial banks have swung into action and have set up teller points across their branches nationwide. These dedicated teller points are to meet the legitimate foreign exchange (FX) demands of retail customers, following the CBN stoppage of FX sales to Bureaux De Change (BDCs). Customers who want to buy Personal Travel Allowance (PTA), Business Travel Allowance (BTA), pay international school fees, foreign medical bills, make SME

Image
31-March-2023

Africa’s Impact: United States Vice President Kamala Harris Visits Ghana, Tanzania and Zambia

By Virusha Subban This week, the United States (US) Vice President Kamala Harris is visiting Ghana, Tanzania and Zambia to discuss, among other things, increasing investment between the US and African countries, the economic empowerment of women, girls and young businesspeople, digital inclusion and food security. On her arrival in Ghana earlier this week, Vice President Harris noted that she was “very excited about the impact of the future of Africa on the rest of the world”. For some time, the United States (US) and countries in Africa have been focused on building strong partnerships that boost sustainability, empower local

Ad
Ad
Recent Stories
Image
28-February-2024

Dangote Cement Wins Environmental Sustainability Award

By Aduragbemi Omiyale NatureNews has announced Dangote Cement Plc as the winner of the 2023 NatureNews Environmental Sustainability Award at its 3rd anniversary themed Climate Change and Energy Transition in Nigeria. At the Anniversary Lecture and Presentation of the Hero of Environmental Actions for Development (HEAD) held on Tuesday at the Shehu Musa Yar’Adua Centre, Abuja, the news platform said Dangote Cement was nominated for the category following a thorough screening by eminent professionals. The Publisher and Editor-in-Chief of NatureNews, Mr Aliyu Akoshile, disclosed that during the screening, it was discovered that the cement maker had deployed cutting-edge technology to

Image
28-February-2024

Nigeria’s Stock Market Stands Still to Honour Ogunbanjo’s Legacy

By Aduragbemi Omiyale The stock market in Nigeria stood still for the late former chairman of the Nigerian Exchange (NGX) Group Plc, Mr Abimbola Ogunbanjo, on Tuesday, February 27, 2024. The day was set aside to pay homage to the enduring legacy of the esteemed luminary, who died in a helicopter crash in the United States a few weeks ago along with the group chief executive of Access Holdings, Mr Herbert Wigwe, his wife and son. The NGX Group held an Afternoon of Tributes and Closing Gong Ceremony yesterday for him in collaboration with the Coronation Group. In a poignant

Image
28-February-2024

Fans Anticipate ‘Return of Maleeka (Atupa)’ by Mobolaji Samuel

By Modupe Gbadeyanka Some movie lovers are already calling on a movie producer in Nigeria, Ms Mobolaji Samuel, to release the sequel to her captivating film, Maleeka, Return of Meleeka (Atupa). The quest to see the second part of the flick is due to the exploits of the Nollywood filmmaker in the first part. However, she has called for calm, assuring her fans that the release date of her latest work of art would be announced very soon. Speaking recently on the Return of Maleeka (Atupa), the charming movie maker described the film as a story of faith and resilience,

Image
28-February-2024

FG Selects Learning Community Managers for 3MTT Initiative

By Modupe Gbadeyanka The federal government has selected Learning Community Managers for the 3MTT Initiative for all 36 states of the federation and the Federal Capital Territory (FCT). The managers were picked for the programme by the Federal Ministry of Communications, Innovation & Digital Economy, which is handling the initiative. Recall that the government secured N1 billion in partnership with IHS Nigeria to support the 3MTT Learning Community. The selection of Learning Community Managers marks a significant milestone in the government’s efforts to empower Nigeria’s tech talents. These individuals will play a crucial role in managing and assisting participants in

Image
28-February-2024

Renowned Embryologist Dr Marta Jansa Perez Visits Bridge Clinic Nigeria

By Modupe Gbadeyanka A renowned embryologist, Dr Marta Jansa Perez, has visited the Bridge Clinic Nigeria in Lagos, reinforcing its commitment to excellence in reproductive healthcare. Ms Perez is the Director of Embryology at Bridge Clinic London. Her visit to the Nigerian affiliate of the foremost healthcare organisation is a testament to the partnership between the two clinics, opening new avenues for the exchange of expertise and resources. The health practitioner arrived at Bridge Clinic Nigeria on Monday, February 19, 2024. Her week-long visit was meticulously structured around training, process and quality improvement, research and development, and guidance on best

Image
28-February-2024

Zero Routine Gas Flares and Delta Communities

By Jerome-Mario Utomi It is common knowledge that in pursuit of meeting the targets of 20 per cent (unconditional) and 47 per cent (conditional) greenhouse gas emission reduction as contained in the Nationally Determined Contribution under the Paris Accord reportedly signed by the President Bola Tinubu administration, the Nigerian National Petroleum Company Limited/TotalEnergies joint venture recently achieved zero routine gas flare in all its assets. While it is obvious that “the significance of this achievement is that the last routine flare volume of about 12MMscf/d (12 million standard cubic feet per day) of gas has now been eliminated giving rise

Image
28-February-2024

70 Active Stanbic IBTC Bank Customers Grab N7m in January Draws

By Aduragbemi Omiyale The sum of N7 million has been won by 70 active customers of Stanbic IBTC Bank in its ongoing Reward4Saving Promo. The money was won in the January 2024 draw, bringing the total number of beneficiaries since the inception of the promo in 2021 to 1,424 valued at N234 million, a statement from the company said. The Reward4Saving Promo was created to foster disciplined saving habits among Nigerians, offering them rewards for achieving specified savings targets. In the January draw, 10 winners were selected from each of the seven business regions operated by the bank in Nigeria,

Image
28-February-2024

Firms in Nigeria to Pay Annual Levy for Hiring Foreigners

By Aduragbemi Omiyale A new tax known as Expatriate Employment Levy (EEL) has been introduced by the federal government and it is to be paid by companies, which hire foreigners to work in Nigeria. The scheme was launched on Tuesday in Abuja by President Bola Tinubu and it is to close wage gaps between expatriates and Nigerian workers. The government explained that the policy aims to find a balance between leveraging foreign expertise and fostering local talent in Nigeria’s job market through the EEL, emphasising that it is not to discourage foreign investments. It was stressed that the level would

Image
28-February-2024

Senate Advocates Introduction of Food Stamps in Nigeria

By Adedapo Adesanya The Senate has urged the federal government to introduce the Nigerian version of the “food stamps programme” as an interim intervention to cushion the effects of food shortages in the country. This followed the adoption of a motion on the Introduction of Food Stamps in Nigeria as an Interim Measure to Address Imminent Food Insecurity in the country, by Mr Ali Ndume, the Senate Chief Whip at plenary on Tuesday. Presenting the motion, Mr Ndume said that in other countries, like the United States, food stamps were government-issued coupons that had been in use since 1939. “This is

Image
28-February-2024

Trucks Transit Parks Reflects Industry Impact, Future Opportunities

By Modupe Gbadeyanka A leading technology company specializing in mobility solutions, Trucks Transit Parks (TTP) Limited, is marking its third year of operations. As part of this, the firm is reflecting on the significant impact it has made in the maritime and logistics industry. TTP, since its inception to revolutionize the maritime and logistics sector in Nigeria through truck mobility solutions powered by technology, has emerged as a key player in driving port terminal efficiency, reducing traffic congestion, and creating new business opportunities within the Apapa port economic zone. “Our third anniversary of operations provides us an opportunity to reflect