Policy Advocacy

VP Foundation encourages the creation and implementation of policies that support the growth of tech entrepreneurship through its Ecosystem Dialogue Series (EDS) program.

Ecosystem Dialogue Series (EDS)

Ecosystem Dialogue Series is a set of regular thematic discussions between the tech startup Entrepreneurship Ecosystem and Government agencies. Principal objectives of the program are:

  • To increase tech-startup participation in the policy-making process.
  • To foster collaboration between Government and Startups.
  • To highlight policy challenges and propose policy recommendations.

This program also highlights the imperative for creating policies that are favorable to the emergence of high impact tech Startups.

Our Policy Focal Areas

#Public Procurement

The Public Procurement Policy initiative seeks to advocate for the establishment of separate and inclusive procurement guidelines for Startups. This policy will enhance:

  • Promotion of economic growth through public procurement services.
  • Creation of more jobs 
  • Development of Nigeria’s economy.

Link to Infographic and Policy brief

#Tax Incentives

The Tax Incentive Policy Initiative seeks to advocate for an affordable tax rate and to also fast-track the process for obtaining pioneer status by Startups. Inclusive Pioneer Status guidelines for startups will:

  • Improved business operations of startups.
  • Additional funds for startups to improve cash flow.
  • Relieve the operational burden and reserve cash for business development

#Access to Finance

The Access to Finance Policy Initiative desires to proffer solutions to the limitations that Startups in Nigeria faces with regard to access to finance by promoting adoption of a “Public fund of Fund Approach” which will improve:

  • Access to early funding to pursue business ideas.
  • Increase in investment versability.

#ICT (Hub)Infrastructure

The Hub Infrastructure Policy Initiative advocates for the need to alleviate infrastructural constraints (slow internet-connectivity, high electricity generation) faced by startups. The Hub Infrastructure Policy Initiative will relieve Startups from such constraints that stifle their operations as well as their growth. This would invariably lead to the economic growth of the Country.

#Digital Literacy

The Digital Literacy Policy Initiative seeks to promote digital literacy by proposing vocational programs on the computer and technical skills to meet increasing market demands. This initiative would enhance technical skill development amongst Nigeria’s growing population which would invariably promote entrepreneurship in the country.

#Digital Policy

The Digital Policy Initiative seeks to advocate for the need to implore AI technologies in key sectors of Nigeria’s economy, starting with the Financial Services Industry. This initiative will enhance poverty alleviation, for ensuring effective and efficient public service delivery as well as promote economic growth.

#University-Industry Collaboration

The University-Industry Collaboration Policy Initiative seeks to strengthen innovation and research commercialization capabilities of leading Universities by providing research-based funding. This initiative allows for the creation of incubators at Universities which would inspire student entrepreneurship as well as promote Nigeria’s economy.

EDS Reports

The Tech Entrepreneurship Ecosystem in Nigeria report looks into the components of the tech entrepreneurship ecosystem and identifies policy recommendations to improve the ecosystem.

FAQs

  1. What is EDS?

The Ecosystem Dialogue Series (EDS) is a platform that enables periodic and thematic policy dialogue between the government and other key stakeholders of the technology entrepreneurship ecosystem.

  1. How can I participate in the discussions?

Participating in the discussion cuts across two mediums either online through our social media platforms or offline by attending the Ecosystem Dialogue Series. 

  1. Is the EDS a free program or do I have to pay to attend?

The EDS program is free. Upon applying to attend, your application would be reviewed and invites would be sent to participants.

  1. Are there any qualifications to attend?

Typically, our audience is made up of key stakeholders ranging from tech influencers, Startups, Government personnel and people affected by policy initiatives. If you fall under the categories, be sure we need you to attend.

  1. What should I look out for during the discussions?

You should look out for thought-provoking conversations that seek to address policy challenges of tech Startups as well as conversations that would drive the implementations of the policy recommendations derived from the Ecosystem Dialogue Series.

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