FATE Foundation

Entrepreneurship and Enterprise Development

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FATE Foundation is a non-profit private-sector led organisation created in March 2000 to tackle the high rate of unemployment and poverty in Nigeria by harnessing the strong entrepreneurial culture of Nigerians particularly youth and providing the knowledge and support required to fully explore their innovative potential. Our belief is that enabling sustainable entrepreneurship initiatives is the foundation required to achieve our potentials as a country and also sustainably address key socio-economic challenges.

We were founded by Fola Adeola (Co-Founder & Pioneer MD/CEO, GTBank) with the support of other private sector leaders and through a volunteer-driven model and partnership with local and international organisations we help to promote entrepreneurship and provide targeted support to scale businesses.

Overview

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Location 16 Town Planning Way, Ilupeju, Lagos, Nigeria
Targets Nigeria
Sectors
Agribusiness, Business services, Environmental services, Utilities, Construction and manufacturing, Creative, media and entertainment, Education, Financial services, Leisure and travel, Retail and wholesale, Consumer durables, Consumer non-durables, Transport and logistics, Water, sanitation and hygiene, Biomass, Clean technology, Clean technology and energy, Clothing and textiles production, E-commerce, E-learning, E-sports, EdTech, Electronics, Fintech, Food production, Furniture, Green transportation and electric motors, Healthcare, Healthcare providers and services, HealthTech, Hydropower, Internet, Online analytics, Online payment processing, Pharmaceuticals, Renewable energy, Solar power, Waste management and recycling, Wind power
SDG (4)
10. Reduced Inequality, 4. Quality Education, 8. Decent Work and Economic Growth, 9. Industry, Innovation and Infrastructure
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