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Section 41 Nigeria Startup Act 2022

Section 41 Nigeria Startup Act

Section 41 Nigeria Startup Act 2022 is about Functions of the clusters, hubs and innovation parks. It is under Part X (Clusters, Hubs, Innovation Parks and Technology Development Zones) of the Act.

Startup innovation clusters, hubs, physical and virtual innovation parks shall provide —
(a) dedicated team, help desk and contact to provide support to a startup ;
(b) assistance for a startup to understand the regulatory framework and its applicability ;

(c) assistance in registration, and application for authorisation ;
(d) assistance and facilitation for the expansion of a startup into foreign markets ;

(e) work spaces free or at subsidised rates ; and
(f ) all other functions incidental to the attainment of the functions provided in paragraphs (a)-(e).

See also  Section 45 Nigerian Child's Right Act 2003

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