CRG Seminar: Inclusive social entrepreneurship - Extending the frontiers of innovative medtech start-ups in Nigeria: A case study of AiDx Medical BV

According to KPMG (a global audit and tax advisory firm), Nigeria’s unemployment rate is expected to rise to 40.6% in 2023. A sustainable poverty alleviation strategy to mitigate the consequence of the employment gap should include entrepreneurship as a standard baseline. Entrepreneurship is expected to play a central role in achieving “inclusive growth” and if well executed, it could potentially translate to job creations, new businesses, and new ways to deliver basic services. This could possibly contribute to the country’s gross domestic product (GDP).

 

This presentation by Temitope Ebenezer Agbana (TU Delft) focuses on the contributory relevance of the academic community towards achieving inclusive entrepreneurship, innovation, and sustainable economic growth. Using the AiDx Medical BV (a medtech start-up from TU Delft) as a model, it will demonstrate the societal impact of doing science for the benefit of the people in low-resource settngs in Abuja, Nigeria. How an innovative scientific proof-of-concept design can be translated into real-time product that is currently being deployed for use in the Nigerian healthcare system will be discussed. The business development pipeline which includes identifying funding opportunities, writing proposals, finding relevant local and international collaborating partners, product development, fulfilling local regulatory requirement, and attracting investors will be outlined. It will further highlight the approach to knowledge transfer, collaboration with four academic institutions and provision of over 100 job opportunities in the local context.