Babcock University Campus Aerial View
About BIV

Where Research Becomes Real-World Impact

Babcock Innovation & Ventures is the commercialization engine of Babcock University — transforming academic research into startups, licensed technologies and industry partnerships that drive economic growth across Africa.

12
Annual Programs
Jan – Dec cycle
4
Focus Sectors
AgriTech · HealthTech · FinTech · CleanTech
$62.5K+
Year 1 Pilot Fund
≈ ₦100M minimum · larger pool committed
3
Innovation Tracks
Incubator · Accelerator · Training
600+
Annual Summit Seats
Flagship event capacity
Our Purpose

Mission, Vision & Values

Our Mission

To transform Babcock University's research and intellectual capital into commercially viable innovations, startups and industry solutions that create economic value and solve Africa's most pressing challenges.

Our Vision

To be Africa's leading university innovation and venture ecosystem — a place where every research breakthrough finds its path to market and every student entrepreneur finds the support to build a world-class company.

Integrity
Transparent and ethical in all we do
Collaboration
Stronger together across disciplines
Impact
Solving real problems at scale
Excellence
World-class standards in innovation
BIV Innovation Lab
Since 2015
Building Africa's Innovation Future

The Unified Commercialisation Engine

Babcock Innovation
& Ventures

Babcock Innovation & Ventures (BIV) succeeds both RIIC and BEDC as the single, unified commercialisation engine of Babcock University. BIV does not replace what came before; it elevates it. The institutional rigour of RIIC's research and IP infrastructure, and the entrepreneurial energy of BEDC's student venture ecosystem, are now integrated under one governance structure, one strategic mandate, and one brand.

BIV operates a structured dual-lane model: an Institutional Innovation Lane — where faculty research outputs are screened, validated, and packaged for licensing, spin-offs, and publication — and a Venture Creation Lane — where student-led ideas and faculty ventures are incubated into investable companies through BIV's accelerator tracks and pilot fund.

Institutional Innovation Lane

Research → Licensing, Spin-offs, Publication

Venture Creation Lane

Ideas → Incubation → Investable Companies

Governance. Structure. Accountability. Flow.

BIV Structural Framework

University Council / Management
BIV Governing Board

Innovation Hub

Venture Studio

Research Commercialization Desk

Idea Intake & Screening Committee
Incubation & Prototyping Team
IP & Legal Desk
Students
Faculty
Researchers
External Partners / Investors

Dual-Lane Model

Institutional Innovation Lane

(Academic-driven solutions)

Research outputs from faculty and graduate programs are screened, validated, and packaged for licensing, spin-offs, and publication.

Venture Creation Lane

(Market-driven startups)

Student-led ideas and faculty ventures are incubated into investable companies through BIV's accelerator tracks and pilot fund.

Governance

BIV Board

The 14-member governing body providing strategic leadership, oversight, and direction for Babcock Innovation & Ventures.

Prof. Afolarin Olutunde Ojewole
Chairman

Prof. Afolarin Olutunde Ojewole

Chairman, BIV Board · President/Vice-Chancellor, Babcock University

Dr. Raymond Okoro Ph.D.
Co-Chair

Dr. Raymond Okoro Ph.D.

Co-Chair, BIV Board of Directors

Engr. Charles Nnaji
Project Coordinator

Engr. Charles Nnaji

Project Coordinator, BIV Board

Arvind Ravishunkar
Industry Tech Accelerator

Arvind Ravishunkar

Industry Tech Accelerator, BIV

Dr. Ernest Onuiri Ph.D.
Academic Systems

Dr. Ernest Onuiri Ph.D.

Academic Systems Architecture & Curriculum Innovation, BIV Board

Dr. Izang Aaron Ph.D.
Technical Secretary

Dr. Izang Aaron Ph.D.

Technical Secretary, BIV Board

Dr. Anokwuru Chinedu Ph.D.
Research & Incubator

Dr. Anokwuru Chinedu Ph.D.

Deputy Director, RIIC · BIV Board

Dr. Ajibade Ayodeji Ph.D.
Entrepreneurship

Dr. Ajibade Ayodeji Ph.D.

Director, BEDC · BIV Board

Prof. 'Shade Kuyoro
Inclusiveness

Prof. 'Shade Kuyoro

Staff Inclusiveness Coordinator, BIV Board | Professor of Computer Science

The Amber Team
Engineering Team

The Amber Team

Engineering & Media Team, BIV Board

Mr. Olajide John
AVP Finance

Mr. Olajide John

AVP, Finance · BIV Board

Prof. OPA Peter Obadare
Cybersecurity Advisor

Prof. OPA Peter Obadare

Cybersecurity Advisor, BIV Board · Founder/CVO, Digital Encode Limited

Dr. Jerry Kwarbai Ph.D.
Technical Secretary II

Dr. Jerry Kwarbai Ph.D.

Technical Secretary II, BIV Board

Prof. Joseph Izang Azi
Governing Council

Prof. Joseph Izang Azi

Governing Council Member & Creative Technology Advisor, BIV Board · Professor, Graphic & Multimedia, Ahmadu Bello University, Zaria

Other BIV Desks

Specialist operational units supporting the BIV Board

LegalICTMonitoringPartnership & EngagementsSecurityGoverning Council
Summit Sponsors & Partners

BIV Partners

Industry leaders, technology companies and institutions supporting Babcock Innovation & Ventures.

Babcock University

Host Institution

Google

Technology Partner

Amazon Web Services

Cloud Infrastructure Partner

Microsoft

Enterprise Tech Partner

MTN Nigeria

Telecom & Connectivity

Airtel Nigeria

Telecom & Digital Services

Access Bank

Banking & Finance Partner

eTransact

Payment Solutions Partner

Flutterwave

Payment Infrastructure

Andela

Tech Talent & Training

Visionspec Nigeria

ICT & AI Solutions

NITDA

Government Tech Agency

The Colligate Enterprises

Strategic Innovation Partner

Get in Touch with BIV

Whether you're a researcher, investor, industry partner or student — we'd love to hear from you.

Babcock University, Ilishan-Remo, Ogun State, Nigeria
info@babcockinnovation.com
+234 803 339 5470

Send Us a Message

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