Oluaka Institute of Technology, founded in 2017 is a social enterprise with a mission to attract, train and retain top talents in technological innovation and enterprise development in Nigeria. This is achieved through developing the capacity of young Technological enthusiast and connecting them to the Industries where there skills will be harnessed to solve pressing challenges to growth and better human lives.

In October of 2019, after having trained more than 100 software developers, supported more than 300 startups and SMEs alike, the Federal Government of Nigeria, through the National Board for Technical Education, (NBTE) deemed it fit to approve the Institute as an Innovation Enterprise Institute (IEI), to train students towards the award of National Innovation Diploma in Computer Hardware Engineering, Computer Software Engineering and Networking & System Security.