STARTUP1

The Bombay Stock Exchange Institute India (BSE), Ryerson University Canada and WITS University South Africa have partnered to accelerate start-up incubation and growth opportunities for entrepreneurs in partner countries.

The statement on their website reports that the Canadian government identified India and South Africa as important countries to develop and magnify trade and business opportunities. This will not be the first time the parties are collaborating on mutually beneficial relationships. The Canadian University, two years ago, had collaborated with BSE to bring Ryerson incubator to India. The move was to speed up opportunities in entrepreneurship for start-ups in the two countries, which are thirsty for new prospects and markets.

“This is an exciting day for the next generation of entrepreneurs in our three countries who are ready to take on the world. The partners are developing and expanding a multi-country network of innovation and entrepreneurship zones to drive job growth and opportunities in Canada, India and South Africa,” Ryerson University President, Sheldon Levy says.

Present at the venue of the announcement two days ago in Mumbai, were Professor Adam Habib (WITS Vice-Chancellor and Principal), Professor Barry Dwolatzy (Software Engineering at Ryerson University) and Director of the WITS Johannesburg Centre for Software Engineering.

Professor Adam Habib, vice-chancellor and principal of the University of the Witwatersrand (Wits) reinforced the importance of the relationship: “This trilateral partnership is exactly the kind of boost that South Africa requires to foster development, innovation and entrepreneurship. The Joburg Centre for Software Engineering at Wits University will serve as the catalyst for this initiative through its tech hub in Braamfontein.”

Zone start-up represents the global network for founders, investors and corporate innovators to achieve international and local development.

Photo Credit:Rave.com

Olumuyiwa Coker Author

Get the best African tech newsletters in your inbox