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Tinubu Offers N5m to Young Tech Entrepreneurs

By Dipo Olowookere

Serial entrepreneur and founder of a leading digital outdoor advertising company, Loatsadpromomedia, Mr Seyi Tinubu, has launched his new CSR initiative aimed at providing seed funding and mentorship to some of Nigeria’s brightest tech entrepreneurs.

The initiative, Seyi Tinubu Empowerment Project (STEP), seeks to provide peer-to-peer mentorship as well as seed funding of up to N5 million to young tech entrepreneurs who have credible businesses that will solve real life issues in Nigeria and add value to the economy.

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STEP came up under the umbrella of Noella Foundation, a non-profit focused on providing skills development and training, funding and mentorship to Nigeria’s youth in order to empower them to create sustainable businesses that will transform the future of Nigeria.

The initiative also aims to discover the next million dollar idea that will not only provide employment for Nigeria’s youth but also encourage a culture of innovation in Nigeria’s growing unemployed youth population.

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To take part in the initiative, qualifying candidates are encouraged to register on

A statement issued by representatives of STEP disclosed that registration ends on Tuesday, June 12, 2018 with screening slated for Thursday, June 14, 2018 and the grand finale for Tuesday, June 26, 2018 at the prestigious Oriental Hotel, Lagos.

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Dipo Olowookere is a journalist based in Nigeria that has passion for reporting business news stories. At his leisure time, he watches football and supports 3SC of Ibadan.

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