As part of deliberate efforts aimed at promotion invention and creativity in the centre of Excellence,Lagos state plans to send a Innovative Bill to the state house of Assembly.
The Bill is intended to support Innovation and Creativity by start Ups and other industries.
According to Honorable Tunbosun Alake,the state commissioner for Innovation,Science and Technology,the essence is to domesticate the Bill already passed into law by the Federal government in Lagos state to address the state peculiarities in Innovation .
He told newsmen at the sidelines of this Years edition of Lagos Art of Technology Expo titled:The Creative Economy and A Digital Lagos, that the essence of the Bill is to spell out modalities for encouraging and supporting Creative energy of citizens and Startup enterpreneurs in the state towards creating employment and Development .
He however said that the plan of the state is to domesticate the Innovative Bill already adopted by the Federal government to suit the peculiarities of the state.
Speaking further, he said that the essence of localising the Bill is to create Economic goals both for personal, corporate and medium levels for the overall Economic Development of the state.
“In Lagos we want to have a Innovative Bill that will target specific groups like Corporate organisations, individual,medium levels and other levels of initiatives for overall Economic goals”.
Participants at the Art of Technology Lagos 5.0
“Besides,the essence of domesticating the Bill is to be able to give commensurate Tax incentives;to be able to insentizise creativity and Innovation in order to create Economic value” he added.
In order to achieve this objectives,Alake spoke of other measures like pProtecting, enlarging, tTraining and get requisite Funding for Innovation for start- ups towards the overall Economic Development of the state.
According to him,the Topic of this Years edition of the Art of Technology is a testament to the state determination to connect to the world wide Ecosystem, change legal Framework and support the states Creative Economy adding,”the essence is also to protect against piracy which is important to Blockchain reactions and to bring out things that will add value to AOT 5.0.
“By this Bill we intend to bring their submission for Funding and help other Creative and Legal Framework to play.
To achieve a robust Bill,he hinted that a public presentation will hold to get contributions to the proposed Bill.
