Business Innovation Accelerator

Empowering Entrepreneurs for a Thriving Future

Welcome to the Business Innovation Accelerator, a home for entrepreneurs with innovative solutions to Nigeria’s problems. Expand your business potential.

ABOUT US

The Business Innovation Accelerator was established by Lagos Business School (LBS) and the Bank of Industry (BOI) in 2022 to develop and empower profitable impact-driven entrepreneurs in Nigeria.

The LBS-BOI Business Innovation Accelerator (BIA) is a leading force driving the cause of profitable impact-driven entrepreneurship in Nigeria. Our goal is to develop, mentor and support a new generation of profitable impact-driven entrepreneurs who will transform society, create jobs and bring economic and financial transformation to Nigeria.

The centre is an initiative founded by Lagos Business School in collaboration with the Bank of Industry to raise entrepreneurs across Nigeria who will turn the country’s problems into business opportunities through entrepreneurship.

Our mission is implemented through our Entrepreneurship Accelerator Programme (EAP), an accelerator programme that provides Nigerian entrepreneurs with entrepreneurial orientation/ business management training, apprenticeship/ technical mentorship from successful entrepreneurs and access to market and funding.

The first cohort of the programme launched in the South West Zone of Nigeria in August 2022, training 68 entrepreneurs and is set to cover the other 5 geo-political zone of Nigeria; North Central, North East, North West, South East, South South.

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Our Vision & Mission

Mission: To develop impact-driven entrepreneurs for national development

Vision: 
To provide the most efficient ecosystem for Nigerian entrepreneurs

The LBS-BOI Business Innovation Accelerator (BIA) formerly known as Entrepreneurship Innovation Centre (EIC) aims to achieve the following objectives:

  • Produce world-class entrepreneurs whose products and/or services can be exported globally.
  • Position Nigerian entrepreneurs to take advantage of the opportunities presented by AfCFTA.
  • Provide capacity-enhancing opportunities to ensure entrepreneurs operate and deliver at global standards.
  • Help entrepreneurs grow and expand their businesses and consequently employ more people.
  • Develop business management capacity to enhance the managerial, financial, and leadership skills of trainees.
  • Provide an entrepreneurial ecosystem to equip and support entrepreneurs.
  • Develop investment-ready businesses that would have been de-risked through training.

Apply for The Entrepreneurship Development Programme

Join the next cohort of the Entrepreneurship Development Programme to access business management training, mentorship and funding.

Governing Council Of
Business Innovation Accelerator

Guiding the Path to Entrepreneurial Excellence: Meet Our Esteemed Governing Council

Ms Evelyn Oputu (Council Chair), Dr Ezekiel Oseni, Mr Obaro Osah, Mr Abdul-Ganiyu Mohammed,
Mr Charles Ivenso, Dr Henrietta Onwuegbuzie, Mrs Ireti Daramola.

Click to watch video of LBS-BOI Inaugural MOU Signing

Meet The Managing Team

Meet Our Passionate Team of Business Innovators and Industry Experts

HENRIETTA ONWUEGBUZIE PHD

DIRECTOR, BIA

HENRIETTA ONWUEGBUZIE PHD

Dr Henrietta Onwuegbuzie is passionate about economic development and social transformation in Nigeria and Africa, and has initiated the creation of over 100 profitable, social impact businesses through the MBA and Executive programmes at LBS. Onwuegbuzie is a certified Management consultant and leads sessions in Entrepreneurship on the MBA and Executive programmes at Lagos Business School (LBS). She was recently conferred the Excellence award in Entrepreneurship and Impact Investing, and is currently the Director of the Entrepreneurship and Innovation Centre and Project Director for the Impact Investing policy initiative at LBS.

OLAYODE AGBOOLA

RESEARCH FELLOW

OLAYODE AGBOOLA

Olayode holds a PhD in Economics from Obafemi Awolowo University, with strong skills in economic modelling, research and data analysis and a Post-Graduate Diploma in Education (PGDE) from the National Open University of Nigeria, with strong teaching, mentoring and educational management skills. He has also undertaken several online courses, including the Investment Foundations Programme of the CFA Institute; Entrepreneurship in Emerging Economies of Harvard University; and Community Engagement: Collaborating for Change of the University of Michigan.

GREGORY ASIEGBU

PROGRAMME MANAGER

GREGORY ASIEGBU

Gregory has Six years of experience in Business Development and Research, although with a background in Petroleum Engineering, He has developed kin interest for entrepreneurship and management research. Gregory currently works at the Lagos Business School’s Entrepreneurship Innovation Centre where he is the programme coordinator. His continues drive for impact has led him to be part of several initiatives and projects. He was a founding team member of Leadership Challenge Foundation, He is a Co-founder of DigitalSME, and a partner at SURE-MAT Visual Perception.

HENRIETTA ONWUEGBUZIE PHD

ASSOCIATE PROFESSOR OF ENTREPRENEURSHIP DIRECTOR, BUSINESS INNOVATION ACCELERATOR (BIA)

HENRIETTA ONWUEGBUZIE PHD

Dr Henrietta Onwuegbuzie is passionate about economic development and social transformation in Nigeria and Africa, and has initiated the creation of over 100 profitable, social impact businesses through the MBA and Executive programmes at LBS. Onwuegbuzie is a certified Management consultant and leads sessions in Entrepreneurship on the MBA and Executive programmes at Lagos Business School (LBS). She was recently conferred the Excellence award in Entrepreneurship and Impact Investing, and is currently the Director of the Business Innovation Accelerator and Project Director for the Impact Investing policy initiative at LBS.

OLAYODE AGBOOLA PHD

RESEARCH FELLOW

OLAYODE AGBOOLA

Olayode holds a PhD in Economics from Obafemi Awolowo University, with strong skills in economic modelling, research and data analysis and a Post-Graduate Diploma in Education (PGDE) from the National Open University of Nigeria, with strong teaching, mentoring and educational management skills. He has also undertaken several online courses, including the Investment Foundations Programme of the CFA Institute; Entrepreneurship in Emerging Economies of Harvard University; and Community Engagement: Collaborating for Change of the University of Michigan.

GREGORY ASIEGBU

PROGRAMME MANAGER

GREGORY ASIEGBU

Asiegbu Gregory, a certified IFC-LPI TPMA Trainer and Atlas Corp scholar, he is a Program Manager at the Lagos Business School's Business Innovation Accelerator. With over six years of experience in research, consulting, and program management, he's published articles and led projects, demonstrating a strong passion for youth empowerment and entrepreneurial development. He is the founder of GA Consult and a founding team member of the Leadership Challenge Foundation, he has attended prestigious training programs at institutions like Stellenbosch Business School and EWOR Founder Academy.
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