Business incubators are important in boosting the private sector for favorable externalities such as employment and growth opportunities that are relevant to the achievement of most sustainable development goals (SDGs) that are linked to growth, poverty and inequality (Millette et al., 2020).
Overcoming the Financial Challenges of Business Support Organizations in sub-Saharan African Countries
By providing tailored support to the businesses they support, business development organizations can contribute to a number of sustainable development goals, which are necessary to ensure inclusive and sustainable growth but also to ensure the longevity of their businesses.
Promoting Gender Equality in Tech to Boost Social Entrepreneurship and Innovation in Sub-Saharan Africa
women are grossly under-represented in ICT careers. Only 30% of them are involved in scientific research in SSA, compared to 48.5% in Southeast Europe, 44.4% in the Caribbean, and 44.3% in Central Asia and Latin America.
Business support structures enable the young enterprises they support during the first months of their activity to be more effective and sustainable than young enterprises that do not use their services (Arlotto et al., 2012).
Studies show that African higher education institutions (HEIs) are characterized by limited capabilities in applied research for local problem-solving, low-quality teaching and learning, and low adaptability of research outputs to societal challenges among others.