2. What we do…
• We incubate innovative start
start-ups
– Provide operating resources for start-ups
ups
– Raise funding for start-ups & manage such incubator funds
ups
– Focused on four sectors: Life Sciences, Technology, Media & Energy
• Provide Strategic Management & Direction for
– Start Ups & Incubated Ventures
– Overseas Subsidary of Multi-National Corporations
National
– Investment Projects & Programs of Partner Entities
• Business Development
– Pursue opportunistic ventures with partners
– Frontier Market Research on capital markets and economy for overseas partners
3. Why we are...
• Our Mission Statement
– To contribute to the enhancement of lives by creatively investing in
ideas and entrepreneurs, while positively changing the broader society.
• Our Goal
– Is to emerge as a leading venture capital firm, investor and employer in
West Africa
• Our Values
– Quality + Integrity + Performance = Excellence
• Differentiators
– We focus on innovation as engine of job growth
– We invest in individuals and ideas (the seeds of innovation)
– We build companies that contribute to society (beyond profits)
4. Innovation…
• High Impact
– Innovation creates jobs (social impact)
– Societies that build the most wealth, also innovate the most (economic impact)
• Right Environment
– Innovation requires the right environment to be spurred
– This environment must encourage risk taking and the scientific approach
– Such environment can be simulated where absent (IdeasLab)
• Trending South
– The ‘new normal’ in developed countries is slow growth
– Most of the growth in the future will come from developing countries – the South
– To obtain the most growth, innovation must begin in and target the Next
Next-11
– Nigeria is eminently featured as a Next- Country
-11
5. Incubation Model...
IDEAS
LAB
(NGO, ICs)
EXIT START-UP
INVESTMENT
LOFTYINC SEED
INVESTMENT
(IPO, TRADE (AIEC Platform) FROM PATIENT
SALE) INVESTORS
KEY LIST
OPERATE
NGO: Non-Government Organization
SERIES A
ICs: Innovation Centers (Universities, Research Ctrs.)
FUNDING IPO: Initial Public Offer
(VCFs, AI, IDA) VCF: Venture Capital Fund
IDA: International Development Agencies
AIEC: African Innovation & Entrepreneurship Conference
7. Journey So Far…
• Three Companies Seeded:
– IdeasUnlimited (Proj 2010 Revenue: =N=50m)
– Touchstone GIS
– Oceanbase Engineering, Ghana
• Two Patents Pending
– i-Grown: Platform to interconnect researchers
Grown:
– Point-to-Point Pipeline Protection Systems
Point
• Major Business Plan Emerge
– Wind Energy Proposal (Funding Reqmts: $7.5m)
• Ideas Under Development
– Triple Play (Cellular Micro-insurance Mobile Healthcare)
insurance
– Mentorship based Microcredit Revolving Loan System via Cell
Cell-Phones
– Nollywood on Phones Technology
8. Our Portfolio
CONTENT HSSE
MARKETING CONVENTIONAL
DISTRIBUTION ALTERNATIVES
PHARMA MOBILE APS
WELLBEING SOFTWARE
AGRIC TELECOM
9. Our People…
• Michael Oluwagbemi
– BSEE (Summa Cum Laude), MSEE (Electrical
Engineering) – Univ. of Houston (USA), PMP (USA)
– Serial Entrepreneur & Project Management Expert
– Co-founder/Executive Partner: Overseas Strategy,
founder/Executive
Innovation Incubation & Money Management
activities of the firm
• Wole Odetayo
– MBBS - Healthcare Professional
– Serial Entrepreneur & Business Operator
– Co-Founder/Managing Partner: Overseas Business
Founder/Managing
Development Operations as well as guides the Media
& Healthcare sector development work
10. Our People..
• Bosun Adeoti
– BSECE, MEE (Electrical Engineering) –Massachusetts
Institute of Technology (MIT)
– Technology & Software Design Expert
– Limited Partner: Overseas Technology & ICT
incubation and development work
• Damilola Agboola
– BBA (Management & Supply Chain Management) –
University Of Houston, Texas, U.S.A. CAPM (PMI
(PMI-
USA)
– Serial Entrepreneur & Energy Industry Experience
– Limited Partner: Overseas Energy (Alternative &
Conventional) incubation and development work
11. Contact US
solutions@loftyincltd.biz
Plot 397B, George Crescent
Agbalajobi Estate, Off Wempco Road
Ogba-Ikeja, Lagos
Ogba-
Nigeria
www.loftyincltd.biz
