Also known as: Tech startup, company, startup cost, shop
💻 Tech startup business in Lagos Life
The most expensive industry to open. Setup is shown "from" ₦6,000,000, plus a ₦50,000 CAC fee.
Known costs
| Setup (from) | ₦6,000,000 |
|---|---|
| CAC registration fee | ₦50,000 |
| Cheapest total to start | ₦6,050,000 |
| Staff, each, per week | ₦13,000 (seen on a food spot) |
| Manager, per week | ₦39,000 (seen on a food spot) |
| Bills, per week | ₦20,000 + 5% tax (seen on a food spot) |
Weekly costs were recorded on a food spot. We have not verified that this industry has the same staff, manager and bills prices.
Can you afford it?
At the best no-gate job right now (Refining, about ₦70,000 a week at entry level), the cheapest tech startup total of ₦6,050,000 is about 87 weeks of pay, before rent and bills. That is an estimate.
What we have not verified
- Nightly profit for a tech startup.
- How location prices change this industry's setup cost.
- Whether staff, manager and bill prices match the food spot.
Seen a figure in your own company? Use the calculator to work out payback, and send us a correction from the About page.
Questions
How much does a tech startup cost in Lagos Life?
Setup starts from ₦6,000,000, plus the ₦50,000 CAC fee, so ₦6,050,000 at the cheapest. The exact setup price depends on location.
Is a tech startup profit figure known?
No. We have not recorded a profit figure for this industry yet, so our calculator asks you to enter your own.
Last verified: . Numbers come from in-game screens and can change when the game updates.
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