Business Incubators are crucial to startups in a fast rising community like Ile-Ife. They are created to nurture and support early-stage startups and entrepreneurs. Hence, from the creative and innovative minds of the Ile-Ife ecosystem, stems Mayhaven Incubator.

Mayhaven Incubator is a sub of Mayhaven Innovation Hub. The Incubator supports one of the many dreams of Mayhaven Innovation Hub - to power the creation of new market innovation channels for entrepreneurs through quality business advisory, leadership management, and capacity development training. Mayhaven Incubator is the first of its kind in the Ile-Ife ecosystem. It started with founders in the OAU ecosystem as it remains the most vibrant startup ecosystem in Nigeria.

In an interview with the Founder of Mayhaven Innovation Hub, Elvis Kayode Idowu, the inspiration and mission behind the Incubator was unraveled. Mayhaven Incubator started as a quest to find a community that supports business startups with business advice, co-working space and other opportunities.

“The idea is to support founders at the early stage to win as fast as they can; and if failure is inevitable, they fail fast enough to move on to something else in their journey to success.”

Mayhaven Incubator considers it a success when the startups release products into the market whether they achieve full success or not. Get into the market to succeed or restructure your failure.

While highlighting some provisions of Mayhaven Incubator to the startup founders, he noted that the Incubator aims to provide early stage startup founders advisory support that gives them clarity when they are too in love with their products. He expressed what Mayhaven Incubator can do for startup founders - find and foresee the loopholes and opportunities they do not see as startup founders who get carried away with their visions.

These SME and startup founders stand to gain:

• Access to the bear market
• Access to early stage investors and funding
• Access to real business advisory and work experiences
• Access to experts who care about their ideas and fruition.

“We want to help founders know what works and what doesn’t. Our aim is to help you make decisions to pivot your product or stop before losing a lot of assets. We are trying to give you a better chance at reaching your peak.”

Mayhaven has created a collaborative and innovative environment while introducing big accelerators like The Nest Hub, The MicroSoft Garage, and a number of industry experts that provide real insights to the founders within the incubator, helping them thrive.

For the past 3 years, Mayhaven has been known for making things happen, establishing valuable relationships cutting across PR, Media, Investment and Legal Industries to mentor and offer advice to the startups.

“We just need you to show us your work in progress, and we will support you. You do not have to have everything figured out. VC and Angel investors are looking for well formulated revenue based ideas.”

Although Mayhaven Innovation Hub has delivered support for successful Fintechs like Swyft, Cudium, Flux during their raw and early stages, Mayhaven Incubator now focuses on startups that are Edtech, Agrotech, Medtech, and SMEs; the incubator is interested in working with vertical industries.

Mayhaven Incubation Program Q4 cohort, starts this October and for 8-12 weeks at the Mayhaven Innovation Hub, Ile-Ife. It is open to only 2 teams; interested participants must have a startup team or a working business, and the zeal to promote their visions. 

Join Mayhaven Incubator (Insert hyperlink), let’s help save you time, effort and increase the success rate of their visions so you can focus on building your startup.