STERLING Bank Plc is collaborating with Founder Institute (FI), the world largest pre-seed accelerator programme, to further connect early-stage startup resources for founders in Nigeria.
Under the partnership, Sterling Bank will ensure that more organizations benefit from FI’s globally tested corporate innovation programme that will help them become more innovative and disruptive entities. Also, Sterling Bank and Founder Institute will provide resources for startups looking to launch or scale their business.
The collaboration will also produce amazing benefits for companies in Nigeria that will leverage Sterling Bank’s advanced industry experience and Founder Institute’s Global Curriculum.
Speaking of the partnership, the Managing Director and Chief Executive Officer of Sterling Bank, Mr. Abubakar Suleiman, said, “This partnership represents a continuing commitment to innovation as an accelerator of development and a creator of value,” adding that, “Along with our HEART strategy as a bank, our service delivery and our entire operational structure relies heavily on innovation and agile technology.”
Also speaking on the partnership, FI’s Managing Director, Ifedy Eze, said, “We are excited to be partnering with one of the most technology-friendly banks in Nigeria to unlock more value for founders of tech startups solving problems across Nigeria.”
Through this partnership, founders will receive support across critical areas like market access, tech infrastructure support, legal and regulatory compliance, and investor readiness, among others, he said.
Eze said, “The combination of Sterling Bank’s robust tech support architecture and FI’s globally syndicated and locally validated curriculum will add mileage to the founders’ journey, especially at the very critical early stages when most startups fail. Over the years, our alumni have demonstrated an 80 per cent success rate, a direct reflection of the quality and impact of the programme.”
Commenting, Chukwuemeka Fred Agbata Jnr., Regional Director for Africa, Founder Institute, said, “Our primary focus at FI Lagos is to add value to early-stage entrepreneurs by providing all the support and resources they need to develop and make their ideas a reality in the current ecosystem.”
Founder Institute graduate companies include fast-rising startups such as Sabiteach, Betastore, Zowasel, 9ijakids, Akowe, Bellafricana, Rentit, Scrapays, ATHLST, Jojolo, and Thinkbikes, among others.
The Founder Institute’s curriculum is a rigorous 14-week blended programme that guides founders as they build their solutions; matches founders with accomplished mentors who provide practical and real-time guidance; and helps founders grow their network and reach within the local and global tech ecosystems.
YOU SHOULD NOT MISS THESE HEADLINES FROM NIGERIAN TRIBUNE
We Have Not Had Water Supply In Months ― Abeokuta Residents
In spite of the huge investment in the water sector by the government and international organisations, water scarcity has grown to become a perennial nightmare for residents of Abeokuta, the Ogun State capital. This report x-rays the lives and experiences of residents in getting clean, potable and affordable water amidst the surge of COVID-19 cases in the state…
Selfies, video calls and Chinese documentaries: The things you’ll meet onboard Lagos-Ibadan train
The Lagos-Ibadan railway was inaugurated recently for a full paid operation by the Nigerian Railway Corporation after about a year of free test-run. Our reporter joined the train to and fro Lagos from Ibadan and tells his experience in this report…
[ICYMI] Lekki Shootings: Why We Lied About Our Presence — General Taiwo
The Lagos State Judicial Panel of Inquiry probing the killings at Lekki Toll Gate, on Saturday resumed viewing of the 24hrs footage of the October 20, 2020 shooting of #EndSARS protesters by personnel of the Nigerian Army…
ICYMI: How We Carried Out The 1993 Nigerian Airways Hijack —Ogunderu
On Monday, October 25, 1993, in the heat of June 12 annulment agitations, four Nigerian youngsters, Richard Ajibola Ogunderu, Kabir Adenuga, Benneth Oluwadaisi and Kenny Razak-Lawal, did the unthinkable! They hijacked an Abuja-bound aircraft, the Nigerian Airways airbus A310, and diverted it to Niger Republic. How did they so it? Excerpts…
Sahabi Danladi Mahuta, a community mobiliser and APC chieftain. Mahuta spoke to select journalists at the sidelines of an Islamic conference in Abuja recently. Excerpts…
and then