Section 11 Nigeria Startup Act

Section 11 Nigeria Startup Act 2022 is about Appointment of a Coordinator of the Startup Portal. It is under Part III (Operational Structure of the Council) of the Act.

(1) The Secretariat shall, with the approval of the Council, appoint a Coordinator for the Startup Portal, who shall have at least 10 years’ experience in technology and entrepreneurship.

(2) The Coordinator shall —
(a) maintain a register of labelled startups in Nigeria ;
(b) keep relevant documents and records of labelled startups ;
(c) implement the decisions of the Council on the labelling of a startup under this Act ; and
(d) perform such other functions, as may be necessary for the implementation of this Act.

(3) The Coordinator shall serve —
(a) for a term of two years and may be re-appointed for another term of two years, and no more ; and
(b) on such terms and conditions, as may be specified in the letter of appointment.

(4) The operations of the Coordinator shall be funded from the Secretariat’s annual budget.