Ekiti State University Chancellor Promotes Entrepreneurship and Agricultural Innovation with N1bn Fund
By awarding grants to promising agro-tech ventures founded by current graduates and students, Dr. Olowolafe seeks to nurture talent and drive economic growth in the agricultural sector
AKACHI NOEL 
Dr. Tunji Olowolafe, the Chancellor of Ekiti State University, is spearheading efforts to foster entrepreneurship and innovation among students and graduates through the establishment of a N1 billion innovation fund. This initiative, announced during the university's recent convocation ceremony, marks a significant step towards empowering young agro-tech startups and promoting sustainable agricultural practices.
With a focus on addressing Nigeria's pressing concerns regarding food security and economic empowerment, Dr. Olowolafe's vision emphasizes the importance of leveraging the university's resources and expertise in agriculture. By encouraging students and academic staff to actively engage in food production efforts, the Chancellor aims to instill a culture of entrepreneurship and innovation within the university community.
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The innovation fund not only provides financial support but also serves as a catalyst for creativity and problem-solving. By awarding grants to promising agro-tech ventures founded by current graduates and students, Dr. Olowolafe seeks to nurture talent and drive economic growth in the agricultural sector. Additionally, the fund underscores the university's commitment to research and development, enabling scholars to explore new technologies and sustainable farming practices.
Moreover, Dr. Olowolafe's initiative extends beyond agriculture, encompassing business process outsourcing and other sectors with high potential for growth and job creation. By creating opportunities for graduates to participate in global markets, the Chancellor aims to harness the untapped potential of Nigeria's youth and drive long-term economic prosperity.
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Overall, the launch of the N1 billion innovation fund reflects Dr. Olowolafe's proactive approach to fostering entrepreneurship, stimulating innovation, and empowering the next generation of leaders. As Ekiti State University becomes a hub for entrepreneurial activity and agricultural innovation, it is poised to make significant contributions to Nigeria's economic development and food security objectives.
