During a visit to Zimbabwe towards the end of last year it became obvious that a technology innovation hub could have a tremendous impact in Harare. There’s a highly educated population, a relatively well established, albeit dispersed tech community, reasonably good infrastructure and significant potential for technology to contribute towards the betterment of society.
Since then, The Indigo Trust has been working closely with Hivos and the US Embassy in Zimbabwe in order to identify a team able to develop a financially sustainable, socially responsible, and sufficiently inclusive business plan. Following the assessment of 6 proposals, we’ve selected the fabulous Hypercube team. While the funders are simply providing financial support, the Hypercube team will be the driving force, galvanising the technology community through events, mentorship, access to state of the art facilities and the establishment of strong partnerships which support their aims. The space will support tech entrepreneurs working on both commercial and social projects, thus contributing to both the economic and social development of Zimbabwe.
The space will enable entrepreneurs to invent, prototype, develop and test emerging products, develop new business models and services and create sustainable entrepreneurial opportunities which are aligned to Zimbabwean needs and context, extending to the region and beyond.
The Indigo Trust has awarded £30,000 to contribute towards the core costs of establishing the space and supporting programmes coming out of it. Hivos is contributing 40,000 Euros annually for three years and the US Embassy is contributing $75,000 from the State Department’s Fund for Innovation in Public Diplomacy. The funders also hope to contribute to the development of the hub through linking them to our networks and provision of strategic advice and support.
This will be the thirteenth hub which we are supporting in Africa (see this post for details on the other hubs which we support) and the sixth which we have been involved with since before its conception. We look forward to hubs coordinating their efforts to establish a pan-African movement with the help of AfriLabs.
Congratulations Hypercube, we can’t wait to see how the space evolves.
If you’re interested in getting involved, contact us and we can easily put you in touch with the team.