World bank awards $1m to Four East African universities for the establishment of incubation centers

The Inter-University Council for East Africa (IUCEA), which is a part of the World Bank-supported Africa Centers of Excellence for East and Southern Africa Project (ACE II) has selected Incubation Centers to be hosted at four of the African Centers of Excellence (ACEs).

Each Center will receive a financial award of 250,000 USD, from a World Bank grant, as seed funds for the establishment of these regional Incubation Centers for East and Southern Africa. 

The ACEs selected to host the Incubation Centers are at University of Rwanda’s African Center of Excellence in Energy for Sustainable Development, at Tanzania’s Nelson Mandela African Institution of Science and Technology, Center for Pharm-Bio Technology and Traditional Technology, Mbarara University of Science and Technology, Uganda and the Center of Excellence in Phytochemicals, Textile and Renewable Energy based at Moi University, Kenya.

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IUCEA received 15 proposals in response to a call that was issued in June 2018. The co-financing arrangement in the four priority areas of the ACE II Project which include health, industry, agriculture, and education/applied statistics.

According to Dr. K. A. Appiah, a member of the Regional Steering Committee of the ACE II project who chaired the Independence Selection Panel, “We hope that more funding can be made available by host governments and other institutions to fund other incubation centers.

Our international team of experts were very impressed and eager to work with the selected ACEs to ensure that the selected incubation centers are successful in commercializing research innovations towards job creation and economic growth.”

The selection panel recommended that although the fifth selected institution, Center for Innovative Drugs Development and Therapeutic Trials for Africa (CDT-Africa) could not be funded, the proposal “was one of the best and needed to be considered as a non-funded Incubation Center.”

The IUCEA and the World Bank believe that such incubation centers will help build important linkages between academia and industry to help galvanize business growth in these priority areas that are critical to long-term growth and development of the region.

The World Bank believes strongly in the innovation potential of African research, as a key lever in the continued economic development of the continent, and these incubations centers will serve as important hubs where the impact of research can be transformed to commercial opportunities. We hope these centers will be the first among many to follow,” said Dr. Roberta Malee Bassett, Senior Education Specialist, World Bank and Task Team Leader for ACE II Project.

 The Eastern and Southern Africa Higher Education Centers of Excellence (ACE II) Project supports the governments of Ethiopia, Kenya, Malawi, Mozambique, Rwanda, Tanzania, Uganda, and Zambia in strengthening selected African Centers of Excellence (ACEs) to deliver quality post-graduate education and build collaborative research capacity in the priority areas of (i) Industry, (ii) Agriculture, (iii) Health, (iv) Education, and (v) Applied Statistics.