South Africa's academic tech transfer sector will be supported by a $10.2m vehicle backed by the $96m SA SME Fund.

South Africa is set to form a R150m ($10.2m) university venture fund in August to support spinouts from the country’s tertiary academic institutions, Engineering News has reported. The vehicle will be established by the $96m SA SME Fund, a public-private fund-of-funds partnership targeting VC, growth and impact investors, with the aim of nurturing 200 small…

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