Change the world

Control and shareholding is discussed and negotiated on an ad hoc basis and is dependant on the background of the project, as well as the best route of commercialisation.
The IP belongs to Nelson Mandela University and you are therefore required to contact the Innovation Office (041 504 4309 | innovation@mandela.ac.za) to discuss the issue further.
The Innovation Office will have a combination of discussions/negotiations with the innovator/entrepreneurs and Innovolve Board of Directors before deciding on the best commercial route. Please contact the Innovation Office to discuss the issue further (041 504 4309 | innovation@mandela.ac.za).
This is decided through various negotiations and discussions on a case-by-case basis.

This is influenced by a number of factors, such as:

  • type of technology
  • market need
  • funding
  • production
  • costing
  • feasibility

 

Innovolve is the commercialisation company of the Nelson Mandela University. Working closely with the Innovation Office, Innovolve drives commercialisation of the University’s innovations through the licensing of IP and the establishment of spin-out companies.
The Propella Business Incubator provides support for innovators with disruptive technology which gives manufacturing in the Eastern Cape and the rest of South Africa a competitive global advantage.

Propella is a collaboration between the Nelson Mandela University, the Industrial Development Corporation and the private sector. Their main areas of focus are on renewable energy, energy efficiency and related technologies, advanced manufacturing and supply chain optimisation.

(The MAD Propella on Bird Street supports entrepreneurs in the music, art and design fields.)