Local industry groups will collaborate with incubator in South Africa

The Sustainable Chemistry Alliance and Bioindustrial Innovation Centre have agreed to collaborate on commercialization activities with the eGoLiBio Life Sciences Incubator in South Africa.

“The SCA and BIC are strongly focused on commercialization of technology in Canada, but also with an international perspective of bringing in the best technology from where it is initially developed to create North American opportunities for Canada,” says Dr. Murray McLaughlin, executive director of the BIC and president and CEO of the SCA. 

“EGoLiBio is an excellent organization to be working with in South Africa as they have a very similar philosophy for South Africa. We look forward to working together for the benefit of our clients.”

Kenny Masobe, executive director of eGoLiBio, said he welcomed the “contribution to the South African and international bioeconomy through the commercialization of life science and bioindustrial technologies by partnering with key institutes, such as SCA and BIC in Canada.”

As part of a memorandum of understanding, the SCA and BIC will assist with South African business ventures that are interested in Canada and North American market opportunities. Concurrently, eGoLiBio will assist with Canadian business ventures that are interested in South African market opportunities. The three organizations will jointly identify potential commercialization opportunities within their targeted sectors.