• 2011 August 01

Company Description

The Wennovation HubTM expects to train up to twenty-five entrepreneurs.

The Wennovation HubTM expects to train up to twenty-five entrepreneurs within each funding window starting from first quarter 2011 (each funding window is to run from 9-24 months). ALF and LoftyInc will also serve as co-managers of The EDGE Fund which is expected to take equity stake in incubated businesses, and generate above market rate return to private sector and developmental partner investors. Mentors to assist in managing the program and shepherding the incubation process will be trained in the Monterey Institute of International Studies, California and will be in Nigeria as soon as the program is launched.