Home » Nigeria » Section 40 Nigeria Startup Act 2022

Section 40 Nigeria Startup Act 2022

Section 40 Nigeria Startup Act

Section 40 Nigeria Startup Act 2022 is about Establishment of clusters, hubs and innovation parks. It is under Part X (Clusters, Hubs, Innovation Parks and Technology Development Zones) of the Act.

(1) The Council shall issue a framework for the establishment and operation of startup innovation clusters, hubs, physical and virtual innovation parks in each state of the Federation.

(2) The role of the innovation clusters, hubs and parks shall include —
(a) connecting, fostering collaboration and generating businesses between a startup and a large company;
(b) collating expertise, ideas, and perspectives ;
(c) providing a startup with access to resources and professional services ; and
(d) promoting collaboration and innovation between startups.

Related Posts:

See also  Section 66 Nigerian Electoral Act 2022

More Posts

Section 47 EFCC Act 2004: Short Title

Section 47 EFCC Act 2004 Section 47 of the EFCC Act 2004 is about Short Title. This Act may be cited as the Economic and Financial Crimes Commission (Establishment,

Section 46 EFCC Act 2004: Interpretation

Section 46 EFCC Act 2004 Section 46 of the EFCC Act 2004 is about Interpretation. In this Act – Interpretation “Commission” means the Economic and Financial Crimes Commission established

Section 45 EFCC Act 2004: Savings

Section 45 EFCC Act 2004 Section 45 of the EFCC Act 2004 is about Savings. The repeal of the Act specified in section 43 of this Act shall not

Facebook
Twitter
LinkedIn

Leave a Reply

Your email address will not be published. Required fields are marked *

LawGlobal Hub
LawGlobal Hub is your innovative global resource of law and more. We ensure easy accessibility to the laws of countries around the world, among others
Facebook Linkedin