Startup Researcher in Residence Program - measure to promote Science2Business collaboration with African startups

The SPARK project is designed to promote sustainable economic development in Africa by addressing gaps in the technology and innovation ecosystems, particularly around climate-friendly and gender-just innovations. It aims to empower African professionals, especially women, by promoting equal participation in the tech sector, strengthening partnerships between research institutions, startups, and the private sector, and creating gender-responsive financing mechanisms. The project focuses on bridging the gap between research and practical applications in tech, encouraging collaboration to drive innovation. It addresses challenges such as underrepresentation of local actors and women in the innovation landscape and the lack of purpose fit funding options for climate tech. Despite an increase in venture capital for climate tech, African companies often miss out on crucial funding and support. By addressing the identified challenges and leveraging the strengths of diverse partners, SPARK aims to promote sustainable economic development through technology and digital-based innovations, contributing to modernizing the economy and addressing climate change. By fostering a gender-just approach, the project will create more inclusive opportunities for innovation and climate friendly economic growth. By providing the co-creation of purpose fit funding for climate-tech innovations and scientific support, the project will help ventures overcome growth and scaling challenges. SPARK represents a significant step towards creating a more inclusive and sustainable technology ecosystem in Africa. The project ultimately aims to create a more inclusive, sustainable African tech ecosystem that supports long-term growth, climate resilience, and gender equity.