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Premier Hub Innovation Center is a South-West regional innovation center located in Ondo state, Nigeria. Premier Hub exists to fast track industrialization in Nigeria by creating an enabling environment and empowering youths who are leveraging technology to build ideas into sustainable solutions.
We do this through trainings, incubation and acceleration programs.
Our aim is to impact the Nigerian Economy to become a knowledgeable driven/smart economy, capable of rapidly accelerating industrialization by training and serving talent acceleration points for young Nigerians in technology driven sectors of the economy, including Digital and innovative solutions, Professional services, Manufacturing and Agro-allied Technologies.
To be Nigerian’s Premier innovation enabler.
To discover and establish successful entrepreneur
To Accelerate innovative ideas
To discover challenges and solutions in our focus areas
Training and mentorship of youths
Partnering with parties who have similar goals
Premier Hub was modeled after Impact Hub, Singapore… Why Singapore? In 1968 Singapore was classified as an underdeveloped country with a GDP per capita of less than US $320. Today, it is one of the world’s fastest-growing economies. Its GDP per capita has risen to an incredible US $60,000. History has shown that the secret of Singapore’s drastic and continuing growth is industrialization.
Upon independence in 1965, more than two-thirds of its population was living in slums and squatter settlements on the city’s fringe. The territory was sandwiched between two large and unfriendly states in Malaysia and Indonesia. It lacked natural resources, sanitation, proper infrastructure, and adequate water supply. In order to stimulate development, they sought international assistance, but their plea went unanswered, leaving Singapore to fend for itself. The withdrawal of the British further aggravated the unemployment situation. The most feasible solution to Singapore’s economic and unemployment woes was to embark on a comprehensive program of industrialization.
Before long, Singapore became an ideal place to manufacture out of. By 1972, one-quarter of Singapore’s manufacturing firms were either foreign-owned or joint-venture companies, and both the U.S. and Japan were major investors. As foreign investment poured in, Singapore began focusing on developing its human resources, in addition to its infrastructure. The country set up many technical schools and paid international corporations to train their unskilled workers in information technology, petrochemicals, and electronics. Which is what innovation hubs do today.
Today, the country is said to have transformed completely. Today, Singapore is an ultra industrialized society and entrepôt trade continues to play a central role in its economy. Today, the Port of Singapore is now the world’s busiest transshipment port, surpassing Hong Kong and Rotterdam. Despite its small size, Singapore is now the fifteenth largest trading partner of the United States. The country has established strong trade agreements with several countries in South America, Europe, and Asia, as well. With a total land area of just 433 square miles and a small labor force of 3 million people, Singapore is able to produce a GDP that exceeds $300 billion dollars annually, higher than three-quarters of the world. Life expectancy is at an average of 83.75 years, making it the third highest globally. The corruption minimal and so is the crime (It is said that a good economy reduces corruption). It is considered to be one of the best places to live on earth.
Impact Hub is one of the innovation hubs taking the lead in continuing the industrialization drive in Singapore by building Singapore’s human resources and business. This inspired us to create Premier Hub as an industrialization machine for the Nigerian economy. We strongly believe that our success as an innovation hub will translate to radical transformation in the Nigerian economy.
We have identified 4 key sectors which will believe if well developed and industrialized will transform the Nigerian economy; Agriculture, Manufacturing, ICT & Digital Oil Fields.
We are focused on working with entrepreneurs in these sectors to jumpstart their businesses and help them do business with other countries. We also believe with facts from history that industrialization is fast-tracked with foreign investments into local business and industries.
Due to this, just like Singapore, we will be working with foreign investors and organizations to ensure that capital is constantly injected into these sectors form maximum returns. To this end, we will be working with and entities such as NEXIM Bank, BOI and NIPC to make this a reality.
We are calling on the government, private organizations and individuals who believe in Nigeria and her potential to join us in this quest to transform Nigeria for the best.
God Bless The Federal Republic of Nigeria.
Premier Hub is South West regional innovation hub located in Ondo state, Nigeria. We are a collection of brilliant and tech innovative minds across Nigeria.
We are aimed at fast tracking industrialization in Nigeria by providing training and mentorship for a wide range of technology-related skills while empowering the Nigerian Youths for entrepreneurship and employments.
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