Governor Sanwo-Olu Provides N250M Seed Fund to Lagos State Science and Tech Council to Fund Tech Industry

L-r: Deputy Governor, Dr. Obafemi Hamzat; State Governor, Babajide Sanwo-Olu; Commissioner for Science and Technology, Hakeem Fahm and Special Adviser to the Governor, Innovation and Technology, Olatunbosun Alake, during the unveiling of the Lagos State Innovation Masterplan as part of activities for Art of Technology (Lagos) 1.0 Conference

The Lagos State Government has given a seed fund of N250 million to the Lagos State Science and Tech Council to provide funding for the tech industry.

The announcement was made by the executive Governor of Lagos State, Jide Sanwo-olu at the Art of Technology Lagos event 1.0 tagged “Bridging the Gap” held in Lagos, today.

Speaking at the event, Sanwo-olu said the funds will be accessible to help tech entrepreneurs and innovators achieve their dreams.

He added that the Art of Technology event is the platform on which Lagos as a smart city will be unravelled.

“It is with pleasure that I welcome you to the Art of Technology 1.0. This is the platform on which the future of Lagos State as a smart city will be unravelled”Jide Sanwon-olu, Governor of Lagos State

The Art of Technology Lagos (AOT Lagos 1.0) is a tech event organised by Mr Olatunbosun Alake, Special Adviser to the Governor on Innovation & Technology to drive innovations that will create a more digital city of Lagos.

The event brought together several tech giants, policymakers, government officials, venture capitalist, product designers programmers, tech enthusiasts and innovators.


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