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LSETF, INTECH partner to create innovative solutions for startups

The Lagos State Employment Trust Fund (LSETF) has signed a Memorandum of Understanding with International Technology and Innovative Solutions Limited (INTECH) – the sole marketing agent and contracting entity in Nigeria for Global Performance Index International (GPI) – to create and provide entrepreneurship solutions, training and upskilling opportunities to startups and innovation-driven enterprises operating in Lagos State.

The MoU, signed by Mrs. Teju Abisoye, Acting Executive Secretary, LSETF and Mr. George Ashiru, Chief Strategist, Global Performance Index International, is targeted at entrepreneurs who had unsuccessfully applied for the ‘Lagos Innovates’ programme, an initiative of LSETF designed to provide access to technical and financial support to tech-driven innovators and startups in Lagos state.

Speaking at the signing ceremony, Mrs. Abisoye expressed her delight and optimism on the impact of the partnership. “This partnership will help us to achieve a win-win outcome for the tech-based businesses seeking to access our interventions. This is because it was established with careful consideration of entrepreneurs who have unsuccessfully applied for the Lagos Innovates programme but have ideas that are innovative, viable and scalable. With the collaborative tools that this partnership provides these budding entrepreneurs will have the opportunities to share ideas, skills and business goals with like-minds and pre-selected mentors, as well as access a market that will progress their business objectives.”

L-R: Head, Business Development, International Technology and Innovative Solutions LTD (INTECH), Kemepade Sammy; Acting Executive Secretary, Lagos State Employment Trust Fund (LSETF), Teju Abisoye; Chief Strategist, Global Performance Index International (GPI), George Ashiru and Head, Start-ups, Lagos Innovates, Tosin Faniro-Dada during the Memorandum of Understanding (MoU) signing ceremony between LSETF and International Technology and Innovative Solutions Limited (INTECH) to provide innovative solutions for tech-driven startups in Lagos.

Also commenting on this collaboration, Mr. George Ashiru, Chief Strategist, Global Performance Index International, stated that, “We at INTECH, are thrilled to be in partnership with LSETF to further create a top-of-the-class digital experience for start-ups in Lagos. Through this partnership, we will be creating a suite of software products including an IdeaHub application, a community forum to foster interaction, encourage mentorship and sell product and services on the e-marketplace. This is a platform we are glad to unveil with LSETF.”

The GPI IdeaHub features for LSETF includes unique features such as access to funding, access to mentors, idea, and mentor management tool and enable secure sharing of data, all accessible by web and optimized for mobile use.

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Idris Aina
Idris is a media and communications professional with keen attention to details. An entertainment enthusiast, he is an ardent fan of the team from the Red Side of Manchester with love for football banters. He tweets with the handle @arlomah.
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