Moi University on Wednesday, May 24, 2023, validated its commercialization strategy that will see its innovations and research get turned into actual products and services for the market.
Speaking during the unveiling exercise at Moi University School of Law in Eldoret town, Deputy Vice-Chancellor in charge of Administration, Planning and Strategy, Prof Kirimi Kiriamiti, underscored the importance of the blueprinting in turning the institution into an entrepreneurial University.
“Commercialisation is going to be one of the greatest pillars of our University. We are now targeting to move from where we have been doing research and innovations to being an entrepreneurial University. We need to go beyond research so that we have real products for the market,” said Prof. Kiriamiti.
Deputy Vice-Chancellor in charge of Academics, Research, Extension and Student Affairs, Prof Isaac Kimengi noted that “We must alleviate poverty from our society by turning our innovations into products and services.”
Vice Chancellor, Prof. Isaac Kosgey on his part said the current financing model for Universities in Kenya calls for commercialisation of their innovations so that they are self-sustaining besides the capitation from the National Government.
“Commercialisation is a topical issue now across Africa. How do we now motivate innovations in our Universities and then move them ahead into real market products and services?” said Prof. Kosgey.
The Vice-Chancellor further noted that validating the strategy will not be enough and important if the blueprint is not fully implemented to solve problems in society.
The strategy was developed under the University’s Incubation Centre, which is part of the institution’s Africa Centre of Excellence in Phytochemicals, Textile and Renewable Energy (ACEII PTRE).
