Promoters of the Zone Tech Park located along the Gbagada Expressway in Lagos, has officially launched the hub, which many people described as a venture builder for start-ups that will ultimately turn great ideas into products and services.

Speaking at the launch, Toro Orero, Chief Executive Officer of the Park, disclosed that so far $6.5million has been invested in the Zone Tech Park. According to him, the investment was majorly used to build the infrastructure and the environment needed to help African startups scale and compete globally.

Zone tech Park, which is the brainchild of Workforce Group, will have direct access to more than 400 domestic and international corporations who are clients of Workforce.

Meanwhile, speaking about the idea behind the establishment of the Zone Tech Park, Bolaji Olagunju, the Chief Executive Officer of Workforce, said the African startups are faced with significant challenges that hinder their growth.

Olagunju, a serial entrepreneur, believes Zone Tech Park will change the status quote and help individuas and their businesses to realize their full potential through education, venture building and strategic enterprise support.

He highlighted the unique prepositions of Zone Tech Park to include; it is a co-working space, which is free for startups, it plug its startups to a network of over 400 corporations and also gives access to a network of potential investors, accelerator programs and ecosystem architects.

Already, as part of its pilot program, two products have been built. They are Peerless, a learning management system that already has 10,000+ users and revenues of US$100,000; and Outwork, a staff on demand solution with 7,000+ users.


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