By Busola Bamidele
The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has spotlighted the role of intellectual property in startup success, following the Demo Day of IP Labs 2.0, where 12 exceptional startups out of a 300-member cohort showcased their innovative solutions.
In a post shared via its official X (formerly Twitter) handle, @SMEDANGov, the agency celebrated the entrepreneurs who underwent practical training in intellectual property rights.
The programme, organized by the WIPO Nigeria Office under the leadership of Mr. Oluwatobiloba Moody, equipped participants with critical IP knowledge and supported them with filings for patents, trademarks, and other protective mechanisms.
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SMEDAN commended the initiative as a much-needed step toward strengthening Nigeria’s innovation ecosystem. “We recognize the role of intellectual property in building sustainable, investment-ready businesses,” the agency stated.
Through its dedicated IP Desk, SMEDAN pledged continued collaboration with WIPO Nigeria to help micro, small, and medium enterprises (MSMEs) secure their creative assets, understand regulatory frameworks, and scale confidently in global markets.
The IP Labs 2.0 Demo Day not only celebrated innovation but also reinforced the importance of structured IP support in nurturing Nigeria’s next generation of entrepreneurs.
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