The Solutions & Innovation hub is an outfit of The Nigerian Exchange focused on strategies to spur growth in the Nigerian Economy through deep participation in the emerging tech enabled ecosystem. The Hub also builds broad spectrum entrepreneurial capacity towards a future of “winning ventures”. The hub supports the rapid growth of smart startups through access to networks/markets and helping them understand the role of new technology in business transformation.
What We Do
Our Focus
The Hub incubates ventures based on our customized framework for disciplined entrepreneurship. Services rendered during the incubation period include: • Business analyses • Systems Analysis & Design • Business Strategy Development• Competitive Strategy dimensioning • Access to capital• Legal advisory service• Office space for the team• Free credits for partner products• Business support• Access to a networks, partners and markets • Regulatory guidance and advocacy• Other specialized services if necessary. These are targeted at positioning the startup to become globally attractive.
This program is open to businesses looking to grow their business in Africa, particularly Nigeria. Startups will have to be based in our incubation space in Lagos, Nigeria for the duration of the program.
Get started by filling our Ide8 form
Acceleration
The Exchange accelerates startups by reviewing their services, products, business model and/or processes in order to put them on a position to scale. Our core focus for acceleration is on exponential growth, product/service quality, financial management, higher rounds investment readiness and business modeling. We tailor our acceleration to be flexible enough to accommodate and support ventures based on their need and growth stage. The Hub commits funds to ventures to aid their growth in exchange for value; such value is structured on a needs bases from venture to venture.
Get started by filling our Ide8 form
Investments
The Exchange identifies and invests in high growth start-ups and our focus is to have start-ups in FINTECH and areas relevant to financial inclusion and adoption of technology. Investments will be patterned according to Global Private Equity (PE) and Venture Capital (VC) standards.
Consultancy & Capacity Building Intervention
Consultancy
The HUB provides consultancy services as well as expert guidance in areas of innovation, entrepreneurship, technology, product/solutions
development and business strategy.
For Enquiries please contact Innovation@ngxgroup.com
Capacity Building Training (In conjuction with X-Academy)
The Exchange also drives financial literacy and next curve awareness through our series of structured courses on Fintech and technology.
Getting started with the training right now.
Testimonials
“The weeks we indulged our selves with NGX online was awesomely enlightening. I discovered that
working remotely wasn't good for my budding enterprise. The simple and direct lectures and approach
which I applied concurrently earned me an 'Oxygen award' within the period of the classes. I learnt how to
'leverage on abundance', focus on customers 'wants' and create a personal brand. This was the magic I
need to create traction which has earned me an instant engagements across the states of the South south
on my project - Fabrication of Home grown medical Oxygen concentrators. More importantly is the
mentorship, links and recognition in the global business sphere. Thanks to our sponsor, Inoyotoro, Hanson
Johnson, Mr 'Guru' Nsikak and everyone else that exposed us to success”
Ndotenyin Kingsley, Founder Alpha 1 Tech.
“The 2 weeks programme was time well spent. I learnt that I can launch my MVP immediately
without wasting much time waiting for huge capital to launch, you made online training better,
the facilitors were awesome , especially when you brought in Mr Kola of scholar X , I could see
my fellow participants lit up, in all the knowledge passed to us will sustain us during our next
business phase. Thank you to Mr Nsikak and his wonderful team.”
Blessing Akpa, Founder Inyene Agro.
The X-kathon
The X-kathon seeks to solve problems within the Capital Market by funding, incubating and accelerating ideas and
businesses that have tangible solutions. Every year, the Solutions & Innovation Hub (SIH) brings together over 400
innovators across different industries to showcase and pitch ideas that have an impact on various sectors of the Nigerian economy.
Watch this space for this year’s X-kathon
Solutions Function
The Solutions & Innovation Hub oversees the ideation, design and building of enterprise applications & solutions. As
well as to maintain, manage and extend functionalities for NGX existing legacy applications.
Such as: