The Government of Imo State has signed a landmark Memorandum of Understanding on the establishment of Technology Transfer Institute of Africa(TTIA) in Owerri, with Exponential Launch Partners, a Fintech incubation sponsor based in the United States.
The Secretary to the Government of Imo State, Hon. Barr. Uche Onyeagucha challenged the group to hit the ground running as it will open the doors for more investors to thrive in the area.
The President of Exponential Launch Partners, USA Manny Alia in his response stated that they operate the 3I model – INSPIRE, INNOVATIVE and INVEST. He stressed that their interest is to educate youths to find talents and big ideas, transform these ideas to Companies built for the developing world and then fund the companies to generate value for entrepreneurs, investors and the society ultimately.
The African partner Chief Steve Uwazie, pioneer Country Manager of IBM reiterated that this is the birth of Africa’s Silicon Valley and He further expressed his excitement that it is starting in Owerri, Imo State.
Abaa Chimaraoke Senior Special Assistant to the Governor on ICT & e-Governance further reinstated the Governor Ihedioha’s passion and commitment towards transforming Imo State into the epicentre of technology and Innovation in the region, noting that Imo youths must be equipped with the skills for the future of work which is technology driven.
“The world richest men and companies today are mostly found in the technology space, therefore we are deliberate in our strategies and engagements towards harnessing the intellectual and creative energies that abound among Imo youth to create wealth and open Imo to the world”, He notes.
Also in attendance where the Commissioner for Youths Okey Umez-Eronini, the Director General for Power Dr. Okorogu, the Senior Special Assistant on Ease of Doing Business Mr. Leonard Ugbajah, among others.