In a groundbreaking move aimed at driving technological innovation and economic diversification, the Federal Government has inaugurated the Nigeria Communications Satellite (NigComSat) Accelerator Programme.
This strategic initiative seeks to boost Nigeria’s gross domestic product (GDP) and address security challenges by encouraging start-ups to leverage space technology for solving critical national issues.
The launch of the programme, which drew participants from all six geopolitical zones of the country, marks a pivotal moment in Nigeria’s technological and economic landscape. Deputy Speaker of the House of Representatives, Benjamin Kalu, who was represented by Chief Cliff Ogbede, emphasised the initiative’s alignment with the government’s commitment to innovation and indigenous capacity-building.
Ogbede highlighted the significance of fostering partnerships between academia, industry and the government to facilitate knowledge sharing, resource pooling and efficient technology transfer. “NIGCOMSAT is planting the seeds for a robust satellite ecosystem in Nigeria,” he stated, underscoring the deputy speaker’s recognition of the initiative’s strategic importance.
“We believe that the success of this programme will not only benefit Nigeria but also serve as a model for other African nations aspiring to harness the power of satellite technology,” Ogbede affirmed, expressing the House of Representatives’ unwavering support.
The MD of NIGCOMSAT, Ms. Jane Egerton-Idehen provided insights into the accelerator programme’s structure. Collaborating with 20 startups from various sectors, the projects share a common foundation – utilising satellite technology to provide solutions tailored to the needs of Nigerians.
“This accelerator programme is a transformative journey spanning key stages, with a unique combination of mentorship, networking, and exposure to catapult the start-ups into the space-tech realm,” explained Ms. Jane Egerton-Idehen. The 24-week initiative includes phases such as sandbox environment, mentorship and check-in sessions, strategic growth support, visibility, market access and a concluding wrap-up.
Emphasising the win-win nature of the programme, Ms. Egerton-Idehen outlined its goals, positioning NIGCOMSAT Ltd as a key player fostering innovation in the satellite industry. The initiative aims to identify potential collaborators with emerging start-ups and gain positive exposure through their success stories.
Participating start-ups stand to benefit significantly, gaining a market-fit product with a NIGCOMSAT stamp, providing access to national and global markets where NIGCOMSAT is involved. Other advantages include access to investors, mentors, industry leaders and resources and global visibility by showcasing solutions on a global stage.
Kalu urged participating innovators to seize the opportunity with dedication and collaboration, the accelerator programme promises to be a catalyst for propelling Nigeria into a new era of satellite technology advancements, economic growth and global recognition.
