The next instalment of the University Technology Fund is on track to reach a R400 million target fund size, says Stocks & Strauss.
This, in an effort to extend commercialising technology, research and intellectual property originating from South African universities, says Stocks & Strauss.
Wayne Stocks, managing partner at Stocks & Strauss, comments: “The potential is immense, both for the companies and for investors. The world is witnessing a shift towards valuing university IP as an important asset class and opportunity. To strengthen the country’s ecosystem of entrepreneurs, UTF II has expanded its mandate to allocate a portion of the fund to include alumni of South African universities.
“The fund accelerates the development of new technologies and reinforces the university's reputation as a hub for research and innovation and builds on the successful relationship between our university and the UTF I.
UTF II Stocks & Strauss Fund Manager Cubespace SA SME Fund Anita Nel Ketso Gordhan Stellenbosch University Intellectual Property
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