Founder Institute Announces 17 Graduate Startups From Lagos Spring 2022 Cohort

The graduation of the Lagos Spring 2022 cohort of the Founder Institute took place on Wednesday, June 1, 2022.

The event, which also doubled as a workshop on corporate responsibility and leadership, celebrated newly-created companies and their founders who had completed the macabre 14-week program. The cohort began with 57 founders and only 16 reached graduation.

Keynote speakers Tomi Davies from Greentec Capital, Yemi Keri from Rising Tides Africa and Obinna Ukachukwu from Sterling Bank spoke at the event organized by Founder Institute Lagos in conjunction with Sterling Bank, Plc.

Speakers spoke about time management, effective leadership, the ability to influence, and managing emotions and employees as a leader.

Speakers advised founders to build for the future, be gentle with themselves, and build brands that build trust.

The 16 Founders who reached the end of the program went through weeks of reiteration, review, and feedback from their peers and mentors.

Completing the Founder Institute is an honor. The program is demanding and the expectations are high. What these founders have achieved is commendable.

Through the Founder Institute program, these founders have launched companies operating in various industries, including Healthtech, Agrictech, Edtech, Fintech, Legaltech, and more. Oluseyi Adebayo-Olubi’s Africa Pageants is building a web and mobile application for the African pageants industry.

Corporate Bestie by Bestie Atti is an all-in-one tool that allows founders to incorporate and launch their business without stress or complex paperwork with access to incorporation services.

Hirefarms Ltd by Dauda Sanusi is an agricultural asset management company that provides a farm as a service to people who want to invest in agriculture for long term wealth gains.

These founders and their startups are among the companies launched through the FI program that are
provide solutions to some of the problems faced by Nigerians.

Also present at the event were Ifedy Eze, Esq, Managing Director of Founder Institute Lagos, Chukwuemaka Fred Agbata, Regional Director of Founder Institute Africa, and Seun Abimbola, Co-Founder of RentIt and President of Founder Institute Lagos Alumni Association who all addressed the graduates and wished them good luck in their endeavours.

The event was moderated by Comfort Onyaga, Founder of Izanu Africa, Ltd, a portfolio company of FI Lagos.
For graduates, this is just the beginning of their journey to scale and create fast-growing startups.

Founder Institute Lagos is the Lagos chapter of Founder Institute, the largest pre-seed accelerator in the world. Its well-structured programs are designed to ensure the success of founders and their startups.

Through its well-established critical support networks, founders have the opportunity to connect with other founders, partners, alumni and over 15,000 mentors worldwide.

Founder Institute has been operating in Lagos for three years and its 70+ portfolio companies have continued to build highly scalable startups that have created value for over 60,000 users with transactions worth over NGN 337 million and more than 180 jobs created.

“For me, FI is Formula 1 for startups. You could arrive as a single driver and the next minute you have a team and are ready for the formation lap. From there you are ready to take on challenges. real challenges as they arise in the various curves and turns of the various rounds of entrepreneurship. It is also a family of problem solvers” said Okechukwu Nwankwo, founder of Yeko Foods about the Founder Institute program.

About the Founding Institute

Known as the Navy Seal for Startups, Founder Institute is the world’s most proven network for turning ideas into bankable startups and startups into global enterprises.

Since 2009, FI’s structured acceleration programs have helped more than 5,000 entrepreneurs raise more than $1.5 billion in funding.

Based in Silicon Valley and with chapters in 90 countries, FI’s mission is to empower communities of talented, driven people to build impactful technology companies around the world.

FI helps entrepreneurs and pre-seed teams build traction and funding by establishing a critical support network of local startup experts who are invested in their success, and providing a structured and stimulus that has helped its alumni raise more than $1.5 billion.

Leaders of the world’s fastest growing startups have used the Founder Institute to raise funds, build a co-founding team, enter seed accelerators, generate traction, recruit a team, create a product, grow from employee to entrepreneur, and more.

The mentor-led program includes 14 weeks of immersive education, critical assessments, and meaningful discussions.

Founders leave the program with a well-formed company, a local network of experienced entrepreneurs and investors, significant product progress, and most importantly, clear and achievable next steps for growth.

Applications are currently open for Lagos Virtual Fall 2022. Visit here to learn more about the FI Lagos Virtual Fall program.


Don’t miss the important articles of the week. Subscribe to techbuild.africa weekly digest for updates.