The Innovation Hub collaborates with Geneva based FONGIT and OPI to drive sustainable enterprise and economic development

Pretoria, Thursday, 02 May 2013 - The Innovation Hub, Africa’s first accredited science and technology park, located in Pretoria, Tshwane, South Africa, formalised its strategic partnership through the signing of a memorandum of understanding (MoU) with Fondation Genevoise Pour L’innovation Technologique (FONGIT) and the Office for the Promotion of Industries and Technologies (OPI) in Geneva, Switzerland to support the development of new enterprises in the information and communication technology, green technology and biosciences sectors.

The objectives of this MoU include the promotion of business to business collaboration and technological execution of projects of common interest, soft landing opportunities for companies from respective countries and strengthening enterprise development support needed to generate economic and social benefit.

The Innovation Hub’s CEO, Mr McLean Sibanda said The signing of this MoU underlines the commitment of the three institutions to co-operate in growing innovative new enterprises, and exchange of best practices in technology incubation. The collaboration with FONGIT and OPI will yield many opportunities for technology start-ups in both South Africa and Switzerland. As The Innovation Hub, we are delighted to be joining forces with globally recognised champions in technology based innovation and entrepreneurial support, to build an export market for innovative South African technologies and identify in-bound technology transfer opportunities in respect of European innovation and technology capabilities, locally".

According to Mr Pierre-François Unger, State Councillor in charge of Economy, Health and Regional Affairs, “This important MoU represents a significant step in supporting enterprise development in both countries and intensifies our technology and socio-economic linkages. The main intention of the MoU is to strengthen collaboration and interaction between FONGIT, OPI and The Innovation Hub in order to grow and support ambitious, successfuland prosperous start –up companies. We are delighted to have The Innovation Hub on board for the growth and success of entrepreneurs in the R&D sectors” .

In March 2013, The Innovation Hub signed an agreement with the Council for Scientific Research (CSIR) to strengthen collaboration and interaction between the CSIR and The Innovation Hub in order to support Gauteng’s regional innovation system. The partnership creates a platform for incubating the CSIR’s start-up companies at the Maxum Business Incubator housed at The Innovation Hub. The collaboration with the CSIR will also greatly benefit from the FONGIT, OPI and The Innovation Hub partnership.



Media enquiries

 

Enquiries for FONGIT and OPI

Philip Maguire

Communication Specialist

Philip.maguire@opi.ch

Tel: +41223044043

 

Enquiries for the Innovation Hub

Linah Nematandani

The Innovation Hub Communications and Marketing Manager

lnematandani@theinnovationhub.com,

Tel: +27 12 844 0030

Cell: +27 76 71 79878

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About GGDA

The Gauteng Growth and Development Agency, previously known as Blue IQ and GEDA, is a merged agency by the Gauteng Department of Economic Development (GDED). The Gauteng Growth and Development Agency is the implementation arm of the GDED and assists the department in leading, facilitating and managing sustainable job creation and inclusive economic growth and development in the Gauteng City Region. For more information visit www.ggda.co.za or contact Mr. Stephen Watson, Executive: Strategic Promotions & Marketing on +27 83 380 3350.

 

About The Innovation Hub

The Innovation Hub, a subsidiary of the Gauteng Growth and Development Agency, is Africa’s first internationally accredited Science Park and a full member of the International Association of Science Parks. It is strategically located in Tshwane, South Africa's executive capital in the ‘smart’ province of Gauteng.  As the leading knowledge-intensive business cluster in South Africa, The Innovation Hub implements initiatives identified in the Gauteng Innovation Strategy and Green Economy strategy to advance the economic development and growth of the province through innovation.  The Innovation Hub has created a unique space for high-tech entrepreneurs, world-class businesses, academics, researchers and venture capitalists to meet, network and prosper. For more information about The Innovation Hub, visit our website: www.theinnovationhub.com 

 

About Fondation Genevoise Pour L’Innovation Technologique (FONGIT)

Fondation Genevoise Pour L’Innovation Technologique (FONGIT), a non-profit organisation and high tech business incubator established by the State of Geneva in Switzerland, was established as a High- tech Business Incubator to catalyse business development in the technology industry by creating wealth, employment and opportunity in the Canton of Geneva. Its mission is to develop global companies based in the Canton of Geneva. For more information about FONGIT, visit our website at: http://www.fongit.ch/

                                                   

About Office for the Promotion of Industries and Technologies (OPI)

OPI, a non-profit private foundation, was established to catalyse, assist, support and promote cross-functional business development for small and large enterprises alike, which are based in the Canton of Geneva. OPI offers participating entrepreneurs and industries guidance, support, networking opportunities through a number of initiatives geared to promote their business and catalyse partnership at the local, national and international levels. For more information about OPI, visit our website at: http://www.opi.ch/en

 

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