The Lagos State government has awarded N75 million in grants to support entrepreneurs, researchers, and innovators across the state.
Through the Lagos State Science Research and Innovation Council (LASRIC), the funding is targeted at research and development (R&D), innovation, and STEM education projects.
Governor Babajide Sanwo-Olu, represented by Secretary to the State Government, Bimbola Salu-Hundeyin, said the initiative is part of the state's strategy to build a resilient, knowledge-driven economy. "LASRIC has become a source of hope for young people, start-ups and entrepreneurs in Lagos," he noted.
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Commissioner for Innovation, Science and Technology, Tunbosun Alake, stressed that entrepreneurship and innovation remain central to societal progress. He urged beneficiaries to continue creating value for Lagos and Nigeria.
Among the recipients were Prof. Akintayo Ogundajo, Dr. Metilelu Olusola, Dynalimb Technologies' Blessing Aniefiok, and Black Accelerate's Ajayi Oluwafemi.
LASRIC Chairman, Prof. Olumiyiwa Odusanya, praised the awardees' creativity, while beneficiaries pledged to use the grants to deliver solutions in fintech, health, climate change, mobility, and more.
The initiative strengthens Lagos' vision of becoming Nigeria's top hub for technology, research, and entrepreneurship.
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