Robust Accelerator Programs Will Position More Nigerian Start-Ups to Access Private Equity Funds - Joseph Agunbiade
Robust Accelerator Programs which include mentorship sessions for Start-Ups in Nigeria are vital steps that can help position them to access Private Equity Funds from Foreign and Local investors.
The Founder of Univelcity Mr. Joseph Agunbiade disclosed this on the "Market Review" Program anchored by Ottoabasi Abasiekong which explored "The Dynamics of Private Equity Investments and Business Ownership in Nigeria".
He believed the Founders of Nigerian start-ups should think global if they seek to build a company that can attract key funds from Private Equity firms, and also give top priority to structures, drive systems that are accountable and engage the services of professionals and consultants.
Speaking on the concerns of Foreign Private Equity Investments and Business Ownership in Nigeria, he said apart from the need to have more local-based PE investments, confidence building was critical to attracting investments that can scale their operations.