Business Innovation Accelerator

Our Impact

Celebrating and highlighting our beneficiaries stories and progress

Since inception, we have empowered over 120 entrepreneurs across 2 geopolitical zones of Nigeria with the support of the Bank of Industry. Using our unique entrepreneurship accelerator model, we are on a mission to raise impact-driven entrepreneurs for national transformation. We share new impact stories weekly, scroll down to learn more on our impact and watch our participants share their growth stories.

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Entrepreneurs Trained

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LBS-BOI Business Innovation Accelerator
Entrepreneurship Accelerator Programme Cohort II

Our Accelerator Programme Modules

Entrepreneurship Orientation & Business Management Training

Learn essential business skills and entrepreneurial orientation for sustainable growth in your business

Apprenticeship / Technical Mentoring

Develop specialized skills and gain hands-on experience from established industry leaders to excel in your industry and boost your entrepreneurial capabilities

Access to Market

Get guidance from experienced entrepreneurs on how to expand your market reach and accelerate your growth

Access to funding

Learn and explore sustainable funding opportunities to accelerate your business growth potential

Digital Entrepreneurial Ecosystem: ​Connect with a supportive network, resources, and a thriving entrepreneurial community for collaboration and growth.​

Participants shares testimonials at the Visit of MD Bank of Industry to the LBS-BOI Business Innovation Accelerator

Apprenticeship Testimonials

Discover Success Stories and Inspiring Testimonials from Our Entrepreneurs

Apply for our next Accelerator
Programme Now

Join the next cohort of the Business Innovation Accelerator programme to access high quality business management training, mentorship and funding.

Images From the Programme

Frequently Asked Questions

Answers to Your Burning Questions: Frequently Asked Questions about the Entrepreneurship Development Program

Answer: The LBS-BOI Business Innovation Accelerator (BIA) is intended to train and develop impact–driven entrepreneurs who will generate profitable business initiatives aimed at solving social and/or environmental problems. The Centre will consequently accelerate the transformation of society, empower people financially, alleviate poverty, create jobs and ultimately create wealth, while boosting national socio-economic development.

Answer: To apply for the BIA Entrepreneurship Development Programme, visit our website at and navigate to the “Apply Now” page. Fill out the application forms with your details and submit online.

Answer: The programme is open to promising entrepreneurs across the six geopolitical zones in Nigeria who have existing innovative businesses in specific sectors and possess significant potential to scale. Please refer to our website for detailed eligibility criteria.

Answer: The BIA Entrepreneurship Development Programme is a one year programme consisting of four distinct phases. The programme begins with a comprehensive 3-month entrepreneurship training to inculcate an entrepreneurial mindset aimed at helping participants to understand what it takes to build a successful and sustainable business. This is followed by 6 months of apprenticeship with leading organizations in participants’ respective industries. Participants are also provided with access to funding and access to market opportunities.

Answer: Once selected for the programme, entrepreneurs are carefully matched with mentors based on their industry, business needs, and goals. Our team ensures a compatible mentor-mentee pairing for effective support.

Answer: While the programme provides valuable training, mentorship, and networking opportunities, funding is not guaranteed. However, through the programme, you will gain valuable skills and connections that can enhance your chances of securing funding from investors or other sources. We also provide a range of resources, networking opportunities, and community events to ensure visibility for entrepreneurs from diverse backgrounds.

Answer: The programme is open to entrepreneurs across various industries. Whether you have a business idea that needs nurturing or an established venture seeking growth and scalability, the programme provides the necessary tools and support to help you succeed.

Answer: The Entrepreneurship Development Programme at the Lagos Business School Business Innovation Accelerator is fully sponsored by the Bank of Industry. 

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