eBay Founder Pierre Omidyar Invests $200K Into Nigerian Incubator

Redwood City-based Omidyar Network, the philanthropic investment arm of eBay founder Pierre Omidyar, said this week that it is funding an innovation center in Nigeria-Co-Creation Hub, to the tune of $200,000. The group said the new center, being create in conjunction with The Indigo Trust, will serve as a multi-functional, multi-purpose space focused on social technology ventures.

The hub has also received a $45,000 grant from the Indigo Trust, a unit of the Sainsbury Family Charitable Trusts of the U.K.

Co-creation Hub is a “non-profit, social enterprise centered around a shared work space where stakeholders from multiple walks of Nigerian life come together to collaboratively create tech-based solutions that address social challenges facing Nigerian society.

Founded by tech enthusiasts Bosun Tijani and Femi Longe the hub will accommodate about 50-60 tech start-ups at a time and will provide a pre-incubation services including: advice, training, mentorship and access to funding through a network of local and international partners.