Lagos, Dec. 11, 2018 (NAN)Facebook says it has expanded its investment on start-ups toward boosting innovations.
The company’s Director of Platform Partnerships, Konstantinos Papamiltiadis, said this during the TechCrunch Startup Battlefield Africa 2018, a technology innovation pitching competition, on Tuesday in Lagos, Nigeria.
He said that FacebookStart (FbStart), a platform for startups, had been expanded to include any tech-based startup.
According to him, Fbstart provides year-round technical support from Facebook, an exclusive community of global startups.
He said that Fbstart provided year-round free credits to tools and services from dozens of premier partners, training on Facebook Developer Tools and more.
Papamiltiadis said that Facebook had expanded investment in a number of technology hubs and had collaborated with CoCreation Hub (CCHub) to establish the NGHub.
« It is very important to build the world together. We build because we see problems and we want to change the world.
« The journey is still one per cent finished, that is why we keep building, » he said.
Chief Executive Officer of Mainone, Funke Opeke, said that government needed to provide an enabling environment for startups to thrive.
Opeke said that mentoring the startups was a very daunting and difficult process, hence, government should be involved.
She said that Mainone looked forward to building more infrastructure that would be leveraged by startups to build their businesses.