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Home Business Outliers Nigeria Becomes Portfolio Company of US Silicon Valley Institute
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Outliers Nigeria Becomes Portfolio Company of US Silicon Valley Institute

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Economic Confidential
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March 28, 2023
CEO of Development Outliers Nigeria, Mr. Abubakar Gana
CEO of Development Outliers Nigeria, Mr. Abubakar Gana
FIRS

Outliers Nigeria Becomes Portfolio Company of US Silicon Valley Institute

A newly-formed enterprise, Development Outliers Nigeria Limited, has been ranked as the second best startup by the American Founders Institute in Abuja.

With the recognition, the Outliers has become a portfolio company of Silicon Valley’s Founders Institute, the world’s largest pre-seed accelerator.

The founder and CEO of the company, is a young Northern entrepreneur, Mr. Abubakar Gana.

PRNigeria gathered that out of over 650 start-ups CEOs who applied, Gana was rated as the 2nd best Founder from the over 40 startups that were admitted into the Fall Cohort since October 2022.

Also Read: Mobile Subscriptions Witness Surge of 226.84 Million

The Outliers was awarded a business consultancy service by KSH Foundation for emerging 2nd position at the end of the four-month mentorship program.

Mr. Gana, whose goal is to create a social enterprise that impact on the lives of people in the community expressed delight with the recognition,

He urged parents to encourage their children to be self-reliant and job creators through mentorship and skill acquisition programmes.

“I must commend my parents for supporting my inspirations through ensuring that I got the best education, acquired skills and encourage to relate with friends of like minds.

“I must add that parents in Northern Nigeria, Arewa for short should do more in this direction since job space in politics and public service are limited due to the current economic climate,” he added.

The Founder Institute is an American business incubator, entrepreneur training and startup launch program that was founded in Palo Alto, California in 2009.

Based in Silicon Valley, The Founder Institute has branches in over 180 cities in more than 65 nations across the globe.

In order to entrench business enterprises, the institute offers a four-month part-time program for new and early-stage entrepreneurs so as to helps them develop their business ideas and form a company.

However, the creation of a fully operational company is among the key requirements for graduation at the end of the four-month program.

By PRNigeria

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