On October 2, 2024, the President of the Global Entrepreneurship Network (GEN) visited Nigeria . This visit included a significant event titled “Conversation Chat with the President,” organized by GEN Nigeria in Lagos, aimed at fostering dialogue around the future of entrepreneurship in the country.
The event commenced with opening remarks from Tomi Davis, Founder of TVC Labs, who set an encouraging tone for the discussions that followed. His insights highlighted the importance of innovation and collaboration in Nigeria's entrepreneurial landscape.
Deoye Ojuroye, the Executive Director of Providus Bank, delivered the keynote address, underscoring the essential role that financial institutions play in nurturing startups and small businesses. His remarks resonated with the audience, reinforcing the need for supportive frameworks that empower entrepreneurs.
The centerpiece of the event was a fireside chat moderated by Dr. Nneka Okekearu, Director of the Enterprise Development Center. The discussion revolved around the theme “Building a More Resilient Entrepreneurship Ecosystem.” During this conversation, the GEN President shared valuable insights and practical solutions for startups in Nigeria. He emphasized the importance of positioning businesses to attract funding by developing compelling business models and value propositions.
The President also stressed the need for sustainable access to marketing channels, suggesting that startups should explore innovative ways to reach their target audiences effectively. Additionally, he highlighted the critical role of training and coaching in developing entrepreneurial skills, advocating for mentorship programs that empower emerging business leaders. Sourcing talent was another key focus, with recommendations to tap into local universities and training institutions to find skilled individuals.
A particularly exciting moment came when the GEN President mentioned Nigeria's potential bid to host the Global Entrepreneurship Congress in 2026. This announcement reflects Nigeria's growing reputation as a hub for innovation and entrepreneurship, positioning the country on the global stage and attracting international attention.
The event concluded with a sense of optimism and commitment among participants to actively contribute to building a more resilient and dynamic entrepreneurial ecosystem in Nigeria. As the country continues to evolve, the insights shared during this visit serve as a roadmap for entrepreneurs, highlighting the collective effort needed to navigate challenges and seize opportunities for growth and innovation.