It actually makes sense for Tony Elumelu Foundation to provide the stage 1 financing. Stage 2 should be the Incubators. Stage 3 - investors
@markessien you are confusing incubator with accelerator. Incubator starts from zero
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@OoTheNigerian Well, I don't think any incubator should start from zero. The founders need to make some mistakes on their own -
@markessien then it is not an "incubator". ;). Incubators start from idea. You're asking the entrepreneur to incubate which is ok. - 6 more replies
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