Wennovation Hub

Wennovation Hub is pioneer innovation accelerator located in Nigeria, with offices in Lagos and Ibadan. As one of the very early innovation hubs in Nigeria, having been founded in August 2010 and opening its doors in February 2011, it has enjoyed early success and counts several award winning start-ups including Hutbay, OTGPlaya, Fuelmetrics and Nerve Mobile as its successful graduates. It focuses on social impact sectors including Education, Agriculture, Healthcare and Infrastructure and emphasizes the importance of job creation in its programs. Considered one of the pioneers of what is now called the Yabacon Valley ecosystem, Wennovation albeit retains a model of birthing innovation centers outside the Yabacon catchment area, instead expanding the ecosystem at its frontiers. It has centers in Ikeja near computer village and Ibadan in the UI-Poly axis in Mokola area.

Investor Vision

To achieve sustainable development in Africa by fostering innovation among the youth population

Investor Funding Goals

Our goal is to fund high impact entrepreneurs who are providing tech enabled solutions to Africa's core challenges.

Investor Entrepreneurial Experience

Over 40 years combined experience

Investor Technical Experience

Over 30 years combined experience

Year
2010
Countries
Sectors
Clean Energy
Financial & FinTech
Health & HealthTech
Capital Types
Equity
Provider Types
Incubator
Type of Exit Sought

Equity transfer

Country / Region of Interest

Africa

Time to Close Deal in Days
45
Time to Exit in Years
7
Board Seat
Yes