Business
Board Creates 162,000 Enterprises In Nine Years
Authorities of the National Board for Technology Incubation (NBTI) say the agency had within the past nine years created about 162,000 entrepreneurs in the 27 Technology Incubation Centres (ITC) across the country.
The Director-General of the Centre, Dr Mohammed Jibrin, disclosed this to newsmen in Abuja.
He said about 6,000 of the 162,000 had been trained in each of the centres to create enterprises out of the entrepreneurial business in the country.
Jubrin explained that the agency, which was established in 2005 to co-ordinate the activisties of technology incubation in the country with 10 centres has grown to 27 and five extention centres across the country.
According to him, the agency has been accelerating economic development of Nigeria as well as ensuring that most of the research results and innovations from these centres are converted into economic gains.
He noted that the agency through its programmes link talents, technology, capital and had also equipped most enterprises with requisite skills in order to accelerate the development of the industrial base of the nation.
The D-G stated that NBTI grooms undergraduates on possible means of converting their technology research and innovations into real tickets before their graduation.
He said about 800 research and development results have so far been incubated in the market while about 500 have been researched.
Jibrin further stated that the initiatives was in line with the policy trust of NBTI which is to pursue the commercialisation of research jobs, wealth as well as poverty reduction.
He said campaigns have gone so high that even some state governments have started establishing incubation centres stressing that such steps are good for the country.