The Information Technology Developers Entrepreneurship Accelerator (iDEA) Software Incubation Centre has been launched in Lagos.
The centre is located strategically at the Herbert Macaulay Street, Yaba, which is a popular business and residential area on the mainland.
Speaking at the official launch of the first software incubation centre in Lagos, Mrs Omobola Johnson, Minister of Communications Technology, said the project marks a significant milestone in the country’s software development industry and will strengthen young entrepreneurs.
The minister disclosed that the concept of the project developed shortly after she was appointed Minister and due to the fact that the software industry is potentially huge and would create jobs and wealth for the country.
“There is a lot of work to be done, we will bring all the multinationals to this initiative,” she said.
Chairman, Governing Board of iDEA, Adedotun Suleiman, said the centre will offer all the technical and financial assistance needed by students, software developers and start-ups to grow their ideas, adding that with the funding from the Federal Government, the coast was clear for youngsters with promising business plans to make them a reality.