Freetown, Sierra Leone

Tesla Venture Studio joins forces with Government of Sierra Leone to build landmark National Innovation Fund

Tesla Venture Studio is proud to play a leading role in the creation of the Sierra Leone National Innovation Fund (SLNIF) alongside our partners at Aton Path Inc., a bold national initiative to design and launch West Africa’s most ambitious innovation ecosystem. Anchored within the Fɛlei TechCity development, the fund will serve as the engine for entrepreneurial growth, digital transformation, and inclusive economic development.

This milestone initiative is being co-developed by the Government of Sierra Leone (GoSL) in collaboration with global partners: Tesla Venture Studio, X|ergy SusTech Powerhouse, Aton Path, and BioLegal.

Together, this coalition is working closely with government ministries to align strategy, structure and implementation ahead of the Fund’s official launch.

Leading innovation, driving impact

HE Julius Maada Bio, President of the Republic of Sierra Leone

As a global venture ecosystem builder, Tesla Venture Studio brings deep expertise in venture architecture, funding frameworks, and innovation strategy. Our role in SLNIF is to:

We are proud to serve as a foundational force in building this innovation fund – one that is structured to support over 200+ startups reinvest in Sierra Leone’s local economy, and unlock a projected economic impact of more then €2,4 billion.

National vision meets global execution

SLNIF is a flagship pillar of Fɛlei TechCity, a transformative project championed by His Excellency, President Julius Maada Bio, to establish Sierra Leone as a regional leader in entrepreneurship, innovation, and technology.

SLNIF’s physical hub, the Felei Innovation Tower and Education Park, will house training centres, shared workspaces, and commercialisation zones. It will be purpose-built to support both local entrepreneurs and international collaboration.

A unified global partnership

The Government of Sierra Leone has brought together a world-class coalition to co-design and co-develop the Innovation Fund:

Together, we are aligning national development priorities with global innovation standards — building a fund designed not just for Sierra Leone, but as a blueprint for scalable innovation ecosystems across the Global South.

Felei Tech City, Sierra Leone

Toward a global innovation network

With Sierra Leone as its anchor, Tesla Venture Studios is already being courted for innovation funds across Nigeria, Kenya, South Africa, Saudi Arabia, Qatar, UAE, Indonesia, Malaysia, and Europe — unlocking a regenerative model of innovation that connects emerging markets to global opportunity.

“We’re not just launching a fund – we’re co-creating a future. The Sierra Leone Innovation Fund is a living blueprint for how nations can build innovation economies, uplift communities, and scale ideas that create long term impact.”

— Katarina M.V. Galic, Tesla Venture Studio