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Section 48 Nigeria Startup Act Section 48 Nigeria Startup Act 2022 is about Citation. It is under Part XI (Miscellaneous Provisions) of the Act. This Act may be cited as the Nigeria Startup Act, 2022.
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Section 47 Nigeria Startup Act Section 47 Nigeria Startup Act 2022 is about Interpretation. It is under Part XI (Miscellaneous Provisions) of the Act. In this Act —“accelerator” means a fixed-term, cohort-based programme which provides a startup with mentorship and educational assistance to aid its growth ;“angel investor” means a high net worth individual or…
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Section 46 Nigeria Startup Act Section 46 Nigeria Startup Act 2022 is about Pre-action Notice. It is under Part XI (Miscellaneous Provisions) of the Act. (1) No civil action shall be commenced against the Council before the expiration of a period of 30 days after written notice of intention to commence the suit shall have…
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Section 45 Nigeria Startup Act Section 45 Nigeria Startup Act 2022 is about Power to make regulations or guidelines. It is under Part XI (Miscellaneous Provisions) of the Act. (1) The Council may with the approval of the President make rules, regulations or guidelines with respect to the exercise of any of the duties, functions…
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Section 44 Nigeria Startup Act Section 44 Nigeria Startup Act 2022 is about Power of the President to give directives of general character. It is under Part XI (Miscellaneous Provisions) of the Act. The President may make policy guidelines or give to the Council or the Secretariat directives of a general or specific nature relating…
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Section 43 Nigeria Startup Act Section 43 Nigeria Startup Act 2022 is about Data protection. It is under Part XI (Miscellaneous Provisions) of the Act. The use and processing of data for the purpose of giving effect to this Act shall be in a responsible manner and in compliance with extant data protection laws and…
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Section 42 Nigeria Startup Act Section 42 Nigeria Startup Act 2022 is about Establishment of Technology Development Zones. It is under Part X (Clusters, Hubs, Innovation Parks and Technology Development Zones) of the Act. (1) The Secretariat shall collaborate with the Nigeria Export Processing Zones Authority to establish a Technology Development Zone (in this Act…
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Section 41 Nigeria Startup Act Section 41 Nigeria Startup Act 2022 is about Functions of the clusters, hubs and innovation parks. It is under Part X (Clusters, Hubs, Innovation Parks and Technology Development Zones) of the Act. Startup innovation clusters, hubs, physical and virtual innovation parks shall provide —(a) dedicated team, help desk and contact…
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Section 40 Nigeria Startup Act Section 40 Nigeria Startup Act 2022 is about Establishment of clusters, hubs and innovation parks. It is under Part X (Clusters, Hubs, Innovation Parks and Technology Development Zones) of the Act. (1) The Council shall issue a framework for the establishment and operation of startup innovation clusters, hubs, physical and…
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Section 39 Nigeria Startup Act Section 39 Nigeria Startup Act 2022 is about Incentives for accelerators and incubators. It is under Part IX (Accelerators and Incubators) of the Act. (1) There shall be a register of accelerators and incubators that contributed to the startup ecosystem which shall be maintained by the Secretariat. (2) Startup accelerators…