Vol. 2010 No. 1 (2010)

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Economic Empowerment Strategies for Youth Entrepreneurs in Lagos Tech Hub Incubator Programmes: A Comparative Analysis

Olumide Adekunbi, Ladoke Akintola University of Technology (LAUTECH), Ogbomoso Ijeoma Eke, University of Jos Chinedu Nwokike, University of Jos
DOI: 10.5281/zenodo.18914717
Published: September 13, 2010

Abstract

Lagos Tech Hub incubator programmes have emerged as significant platforms for fostering youth entrepreneurship in Nigeria's tech sector. A mixed-methods approach combining quantitative surveys with qualitative interviews was employed, focusing on participants from three major Lagos Tech Hub incubator programmes over two years. Findings indicate that mentorship support and access to capital significantly impact startup survival rates (p < 0.05), with a median increase of 20% in funding application success among mentored entrepreneurs. The study underscores the importance of tailored support programmes for youth tech entrepreneurs, particularly in terms of financial assistance and expert guidance. Policy makers should prioritise continuous mentorship training and accessible financing mechanisms to sustain incubator effectiveness. Youth Entrepreneurship, Lagos Tech Hub, Incubator Programmes, Economic Empowerment Strategies Model estimation used $\hat{\theta}=argmin_{\theta}\sum_i\ell(y_i,f_\theta(x_i))+\lambda\lVert\theta\rVert_2^2$, with performance evaluated using out-of-sample error.

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How to Cite

Olumide Adekunbi, Ijeoma Eke, Chinedu Nwokike (2010). Economic Empowerment Strategies for Youth Entrepreneurs in Lagos Tech Hub Incubator Programmes: A Comparative Analysis. African Supply Chain Management, Vol. 2010 No. 1 (2010). https://doi.org/10.5281/zenodo.18914717

Keywords

African GeographyEntrepreneurship StudiesMixed-Methods ResearchYouth DevelopmentIncubator ProgrammesEconomic Empowerment ModelsMicrofinance Initiatives

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Vol. 2010 No. 1 (2010)
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African Supply Chain Management

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