ARM Labs Innovation Program Cohort 5 Celebrates Successful Demo Day

The ARM Labs Innovation Program, a flagship initiative of ARM Group, celebrated the successful Demo Day for its 5th cohort.

The event took place at the ARM Group Head Office in Lagos, Nigeria, and featured presentations from five promising startups that have completed the intensive seven-week program.

Speaking at the event, the Director of Digital Transformation at ARM, Ina Alogwu said “Entrepreneurs that have very interesting things have ARM Labs’ commitment to assist them. We don’t just try to offer financial support; it goes beyond that. Think of a venture like a growing child. When the kid is younger, they need a lot of handholding and that is what we are trying to do. We are using our expertise to try and guide ventures while also seeking external mentors who come from several fields and backgrounds to help us achieve that objective as well.

“Following a rigorous selection process, five ventures were chosen to participate in this year’s cohort. The program, executed in partnership with Techno Vision, an esteemed African entrepreneurship support organization, provided an enriching experience for selected founders. They worked closely with a diverse range of mentors and industry leaders to enhance their products, expand their market reach, and maximize their potential for success.”

Deputy CEO, ARM Group, Sadiq Mohammed highlighted ARM’s goal for supporting innovation in Africa and discussed the group’s innovation initiatives and partnerships.

He discussed ARM’s role in providing platforms to nurture and develop innovative ideas within the ecosystem through programs such as the Deji Alli ARM Young Talent Awards (DAAYTA), ARM Labs Innovation Program, and ARM Labs Lagos Techstars Accelerator Program.