BOI Innovation Tech Hub Program

The Bank recognizes the pivotal role that technology and innovation play in driving economic growth, fostering entrepreneurship, and solving pressing societal challenges. Since 2018, BOI has created 15 tech and innovation hubs across the country. These have impacted over 9,220 aspiring entrepreneurs and led to the creation of 950 startups across the nation.

The Bank’s objective in funding and sponsoring Tech/Innovation hubs is threefold:

• Nurturing Talent: We aim to provide aspiring entrepreneurs and innovators with the resources, mentorship and infrastructure they need to turn their ideas into reality. Through hackathons, and incubation programs, we empower individuals to unleash their full potential and drive positive change in their communities.
• Driving Economic Development: Through these hubs we have contributed to the development of vibrant ecosystems that attract investment, create jobs, and spur entrepreneurship. These hubs have driven economic activity, attracting startups, investors, and talent, and fostering a culture of innovation that propels entire industries forward. By fueling innovation, we not only strengthen the competitiveness of our economy but also position ourselves at the forefront of technological advancement.
• Fostering Collaboration and Knowledge Sharing: Collaboration lies at the heart of innovation. Tech and innovation hubs provide platforms for collaboration, enabling individuals and organizations to exchange ideas, share knowledge, and form partnerships. The hubs facilitate cross-pollination of ideas, encourage interdisciplinary collaboration, and foster a culture of open innovation. Through initiatives such as networking events, workshops, and knowledge-sharing sessions, we create opportunities for meaningful connections and collective learning, driving innovation at scale.