Paradigm Initiative Nigeria receives investment from Peery Foundation

PIN, a Lagos-based social enterprise, addresses the gap between Nigeria’s disadvantaged youth and economic opportunities by providing demand-driven Information and Communica­tion Technologies, entrepreneurship and life skills train­ing.

Peery Foundation, a Palo Alto-based family foundation established in 1978 by Richard Peery, has invested in Paradigm Initiative Nigeria (PIN).

“We’re excited to be supporting PIN’s work!  Following series of discussions and checks by the Foundation, we are proud to make this social investment. We are encouraged by the thoughtfulness of PIN’s model and the importance of working with such an under-resourced demographic in Africa,” stated Dave Peery.

According to Gbenga Sesan, “the grant will help PIN kick-start series of technology-for-entrepreneurship (‘technopreneurship’) training programs for youth across Nigeria. The training programs will serve as the foundation for PIN’s plan to host an annual conference, from the last quarter of 2012, tagged “Techie. Entrepreneurial. Nigerian. Talented” (T.E.N.T) – where young talents can meet with the industry and investors.” He continued, “we believe that if we don’t discover, train, mentor and support young people with interest in ICT innovation while they’re in their early teens, they can’t become ICT experts and legitimate billionaires in their late twenties.”

PIN’s Ajegunle.org training program connects trainees with internship opportunities which result in full-time employment or provide training towards small businesses that improve their livelihoods – and allows them to serve as role models to other youth. Through its Internet Safety, Security and Privacy Initiative for Nigeria program, in partnership with Microsoft, PIN works to redirect the energy of young Nigerians from cybercrime.

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