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Find a Cofounder in Lagos

Lagos is home to over 1,126,000 aspiring entrepreneurs. Join 10,000+ founders already on CoffeeSpace - including 93 from Lagos and start your founder journey today!

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Entrepreneurship in Lagos

Lagos, being the economic hub of Nigeria, presents a vibrant and thriving entrepreneurship environment. This city is recognized as a hotbed of innovation and creativity, with a significant number of startups focused on leveraging technology to address everyday challenges. Lagos' startup ecosystem is characterized by a diverse range of sectors including Fintech, Healthtech, Agritech, and Edtech. Local tech hubs, incubators, and accelerators further provide entrepreneurs with the necessary infrastructure and mentorship to foster innovation and growth. However, access to funding remains a significant hurdle for many entrepreneurs in Lagos. While the city has witnessed an increase in venture capital activity in recent years, many startups still struggle to secure the necessary funding to scale their businesses. Despite this, Lagos has managed to position itself as a prime destination for global investors seeking to tap into Africa's rapidly growing tech scene. The city's resilience and dynamism continue to bolster its reputation as Africa's leading startup ecosystem.

Lagos founders in numbers

Lagos's entrepreneurship environment is a thriving hub of innovation and creativity, hosting a total of 1,126,000 entrepreneurs. A significant portion of these entrepreneurs, precisely 93, are active users on CoffeeSpace, a platform that facilitates connections and collaborations within this dynamic community. Dominating the entrepreneurial landscape in Lagos are three top industries: AI, E-commerce, and FinTech. These sectors are home to leading companies such as Upwork, Side Hustle, and HNG Internship, all of which are prominent employers of Lagos's entrepreneurial talent. In terms of educational backgrounds, many entrepreneurs hail from prestigious institutions such as University of Lagos, Federal University of Technology Akure, and University of Nigeria, Nsukka. These schools have been instrumental in shaping the entrepreneurial ecosystem by fostering a culture of innovation and enterprise.

Age

The median age of CoffeeSpace founders in Lagos is 28, while the average is 28.88.

Type of founder

A majority (55%) of CoffeeSpace founders in Lagos are non-technical (Product, S/M, Financial, Operations), while (45%) are technical (Engineering, AI/ML).

Idea Stage

A majority (57%) of CoffeeSpace founders in Lagos, are exploring startup ideas, while 43% are committed to an idea.

Top industry interests

Discover the industries that CoffeeSpace founders in Lagos are most passionate about.

Top schools they went to

Explore the alma maters of CoffeeSpace founders based in Lagos.

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Top companies they worked at

Discover the companies that CoffeeSpace founders in Lagos have previously worked for.

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