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Abuja is home to over 294,500 aspiring entrepreneurs. Join 10,000+ founders already on CoffeeSpace, be among the first 50 joining in Abuja and start your founder journey today!
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Entrepreneurship in Abuja
The entrepreneurship environment in Abuja has seen significant growth in recent years, emerging as a hub for innovation and creativity. The city boasts of a vibrant and dynamic startup ecosystem, with a wide range of entrepreneurs engaged in various sectors including technology, agriculture, education, and health. This growth can be attributed to a number of factors such as a conducive business environment, a young and tech-savvy population, and the presence of several incubators and accelerators that facilitate innovation and development of startups. However, access to funding remains a significant challenge for entrepreneurs in Abuja. Despite the increasing number of venture capitalists and private equity firms showing interest in the city, there is still a huge gap in funding, particularly for early-stage businesses. The government has made efforts to address this through initiatives such as the establishment of the Bank of Industry and the Nigerian Investment Promotion Commission. These institutions provide loans and grants to startups, thus easing the funding challenge. Despite these hurdles, the resilience and tenacity of entrepreneurs in Abuja continue to drive the startup ecosystem forward.
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Abuja founders in numbers
Abuja, the bustling capital city of Nigeria, is rapidly emerging as a vibrant hub for entrepreneurs. With a thriving entrepreneurship environment, the city is home to approximately 294,500 entrepreneurs, including 42 active users of CoffeeSpace. The top industries shaping the entrepreneurial landscape in Abuja are AI, FinTech, and Education. Some of the top companies founded by these dynamic entrepreneurs include Taxityafrica, Oracle, and numerous private companies. The city's entrepreneurs often come from impressive educational backgrounds, with many having graduated from top universities such as Ahmadu Bello University, University of Jos, and the University of Uyo. This diverse mix of talent and innovation is continuously fuelling Abuja's entrepreneurial ecosystem and contributing to its economic growth.
The median age of CoffeeSpace founders in Abuja is 27, while the average is 27.6.
A majority (60%) of CoffeeSpace founders in Abuja are technical (Engineering, AI/ML), while (40%) are non-technical (Product, S/M, Financial, Operations).
A majority (67%) of CoffeeSpace founders in Abuja, are exploring startup ideas, while 33% are committed to finding a cofounder.
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