In 2022, Tshimologong, Intel, and the Johannesburg Centre for Software Engineering conducted a deep dive into the African Deep Tech Spin-off ecosystem. The report, which concluded in November 2022, presents a valuable overview on the commercialisation of innovative research in deep tech on the African continent, with a particular focus on the process of spin-off creation in African universities.
The African continent is home to a wealth of talented researchers and innovators, but realising the commercial potential of their work can be a challenge. The report delves into the unique challenges facing the African deep tech ecosystem and provides actionable insights and recommendations for how to overcome them. By investigating the process of spin-off creation in African universities, the report aims to spur increased investment and innovation in deep technologies on the continent.
One of the key findings of the report is the importance of building a supportive ecosystem for deep tech spin-offs. This includes providing access to funding, mentorship, and networking opportunities, as well as fostering collaboration between universities, industry, and government.
The report also highlights the need for a clear and streamlined regulatory environment to make it easier for deep tech spin-offs to bring their products to market.
We are proud to have partnered with Intel and the JCSE on this research project, and we believe that the insights gained from this report will be invaluable for universities, investors, and policymakers as we work to build a strong deep tech ecosystem in Africa.
We believe that deep tech has the potential to drive economic growth, create jobs, and improve the quality of life for people on the continent. With the publication of this report, we are one step closer to realising that potential.
For more information on the findings and recommendations on how stakeholders in the ecosystem, particularly the private sector, public sector, intergovernmental agencies, and international organisations can collaborate and work together to support the development of the Deep Tech Spin-off ecosystem in Africa, please click on the link below.
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