Technology and systems executive with 20+ years of leadership and legal training across commercial, IP and cybersecurity—building a compliant, scalable multi‑sports academy from the ground up.
Founding Team
Led by operators across technology, finance and law.
OctWan is built by founders combining experience in AI, information systems and design, ethical finance, project delivery, and sports inclusion policy.
Finance professional experienced in ethical lending frameworks for African governments and large infrastructure—championing equitable access where investing in under‑represented athletes is both impact‑driven and commercially attractive.
Legal professional focused on inclusion in sport—pushing for barrier‑free access and using sport as a tool for youth empowerment across Nigeria.
Financial Ask
Seed capital for the first arena and a 5‑year growth plan.
We are seeking strategic investors to partner with us in developing a pioneering, state‑of‑the‑art, multipurpose Cashless Lagos Arena, including full build‑out and the systems required for scalable multi‑city expansion.
Use of funds (Year 1)
Facility Construction
0
Approx. US$3.26M for track, trampoline, ice infrastructure and safety systems.
Operating Runway
0
Approx. US$775k Year‑1 OPEX blueprint for staff, utilities, technology and marketing.
Growth & Talent
Targeted
Recruitment of technical directors, ex‑athletes and BD to validate and scale.
CAPEX‑heavy Year 1
EBITDA positive from launch
5‑year plan to US$2.49M revenue
EBITDA Growth: 5‑year Snapshot
EBITDA expands from US$0.93M to US$1.55M on a single‑site model.
Revenue Ramp
US$1.7M → US$2.49M
Driven by 10% to 25% YoY visitor growth, modest ticket inflation and strong ancillary revenue (Academy, F&B, Partnerships).
Visitors
50k → 300k
From 50,000 visitors in Year 1 to over 300,000 by Year 5 on the first hub.
Real Estate Options
Abuja / Lagos
Abuja city‑centre vs. Lagos Islands offer different land cost and density profiles.
Market & Fit
Positioned in a US$500B+ sports economy.
As the global sports market grows on digital content, sponsorship and emerging middle‑class spending, OctWan offers a first‑mover platform for motorsport and winter sports in Africa.
Youthful, Under‑Served Market
Nigeria’s young, urban population has strong appetite for lifestyle and adrenaline sports, but limited access to professional infrastructure.
Multi‑Sport Synergy
Shared infrastructure across karting, trampoline and ice improves utilisation and enables cross‑selling, lowering unit costs per user.
Diversity & ESG
A clear narrative for partners seeking visible, measurable contributions to diversity in global sport.