The new tech hub will support startups in funding rounds and accelerator programs.
The Workforce Group, Nigeria’s leading online human resource company, has opened Zone Tech Park, a new venture builder for startups in Nigeria, to support startups in funding rounds and accelerator programs.
Located in Gbagada, Lagos, Zone Tech Park is set up to turn ideas into products and services and make it profitable.
The hub is the brainchild of Bolaji Olagunju, a serial entrepreneur and Founder and CEO of The Workforce Group, Nigeria’s leading HR company, according to a statement made available to Business Insider Sub-Saharan Africa last week.
Olagunju disclosed during the official launch of the hub in Lagos on Wednesday, July 1, 2018, that $6.5 million has been invested in Zone Tech Park to build the infrastructure and environment needed to help African startups scale and compete globally till date.
He said, “African startups are faced with significant challenges that hinder their growth. Zone Tech will change the status quote and help individuals and their businesses to realise their full potential through education, venture building and strategic enterprise support.”
Zone Tech’s startups will have direct access to more than 400 domestic and international corporations who are clients of the WorkForce.
Toro Orero, CEO of Zone Tech Park, said, “We are not another co-working space, we build companies. With the wealth of corporate clientele at our disposal, we have hit the ground running and are already building world-class products, and hosting great startups.”
Zone Tech Park is a free co-working space for start-ups with an in-house engineering team of over 20 software developers and designers, and entire finance, legal, marketing, sales and fundraising teams.