Devtalks is happening again!
This time, we’re bringing Ms Yewande Sadiku, Executive Secretary, of the Nigerian Investment Promotion Commission (NIPC), to come talk with us about Funding for Technology Development, at the Civic Hall, on Friday, October 20, 2017 by 4pm.
What is development funding you say? I’ll give you a brief summary.
Development funding is the term used to describe financial capital given in support of creating a new project. This type of funding may come in the form of grants or investments that do not require repayment or it may be offered in the form of a loan.
Its quite common for businesses to seek development funding for creating or building new projects such as a startup with the potential for social impact, and such funding is usually for large amounts of money above what the business owners can personally afford to invest individually or as a group.
Typically, funding involves applying for a bank loan, but may also include applying for a government grant or a grant from a private foundation. This particular type of funding may also come from a private donor or lender.
A member of the Nigerian Economic Summit Group, Ms Sadiku once served as the chairperson of the Rules and Regulations sub-Committee of SEC’s Capital Market Committee, and as Executive Director, Corporate and Transactional Banking, Stanbic IBTC Holdings Plc. She also previously served as the chief executive of Stanbic IBTC Capital Ltd.
Ms Yewande Sadiku also was one of the Executive Producers for Half of a Yellow Sun, the movie adaptation of the Chimamanda Ngozi Adichie novel of the same name, and she will be talking to members of our community on the methods you can use to raise funds for technology development projects.
So register to attend using the link below and join us!