A National Research Fund is established by Section 32, of the 2013, Science, Technology, Innovation (STI) Law. 

The Fund has a Board of Trustees. 

Section 32, subsection 4, Paragraph (e) should reduce Bankers contribution to one nominee.

Bankers are trained to assess & avoid risk, not to fund innovation (unproven ideas). 

We require at least 1 venture capitalist, not two bank nominees. 

On another thread in this list, there is a discussion about Hacking Tools. The National Research Fund, could be applied to understand these kind of covert works. 

All major powers have these kinds of funds, channeled into competitions, to find alternative ways of doing things, to build up new firms.

The National Research Fund could fund and publish (online) research on how dam construction is currently progressing, including analytics pinpointing who or what is likely to be slowing down the work. 

Might irrigation help reduce grazing wars (land grabs) and cattle rustling?

http://www.researchfund.go.ke/?page_id=10

On Mar 8, 2017 1:05 PM, "Erick Mwangi via kictanet" <kictanet@lists.kictanet.or.ke> wrote:
So the Nairobi Innovation week kicks on its third year and i came across an interesting article in the business daily that talked about disruption.


There are a number of Hubs in the country springing up however what i note is the lack of representation or otherwise by existing corporate incumbents. What is clear the interpretation of Innovation is singular in various discourse i have noted and hence we don't seem to see traditional industries offering insights or indeed solutions  ie: Music, Steel, Energy and Banking (I don't consider Pesalink an innovation) just to name a few. Disruptive innovation encompasses any innovative concept, product and service that creates new markets by applying new sets of rules, values and models which ultimately disrupt and/or overtake existing markets by displacing earlier technologies and alliances. 

In the past the Banking Industry has been at the fore-front of radical changes ie Invention of the Telegraph and of course the ATM, i opine despite what we see Financial Services will send the trend in innovation in the not too distant future as they still have the scale and know-how to use technology to their advantage and will survive this threat as they did during the tech boom.

My question is as the Innovation week embarks on its 3rd year, Has the Innovation week created any traction that the existing corporate eco-system can leverage on? Has KE corporate culture innovated both in mind and deed?

Best

Eric Njoroge
Vault Global

E Njoroge Mwangi
Technology| FINTECH | Big Data

Cell +44 7539372742
Skype: Erick.mwangi

On Wed, Mar 8, 2017 at 7:42 AM, S.M. Muraya via kictanet <kictanet@lists.kictanet.or.ke> wrote:
As per the STI law...


Penalize local and foreign individuals and firms, ignoring / undermining local talent and industry.

Penalties paid should be channeled to a fund managed by https://www.nacosti.go.ke

Fund managed by nacosti.go.ke should also be allowed to invest in firms such as zuku.co.ke




SMM

"Better a patient person than a warrior, one with self-control than one who takes a city." Prov 16:32

On Sat, Mar 4, 2017 at 10:27 AM, Mwololo Waema Tim via kictanet <kictanet@lists.kictanet.or.ke> wrote:
Dear Listers,

You are most welcome to the Nairobi Innovation Week being held next week from 6th to 10th March. More details can be found on: http://innovationweek.co.ke/

I am specifically also inviting you to a panel discussion on the National Innovation Policy on Thursday 9th at 11.40 am, for which I am the moderator. Details of this panel are shown below.

Panel 4: Kenya’s Innovation Policy

There is an STI policy which is still in draft form and which was the basis of the STI Act. The Act created the necessary institutional framework and almost all the institutions are operational. There is also visible innovation work going on in various ministries. What are the key elements of the policy framework that we need to create? How do we create this policy framework? How do we re-arrange the existing institutional framework for more effective coordination, while ensuring collaboration and exploitation of synergies?

 

Moderator

  • Prof. Timothy Waema, UoN

Panelists

  • Julius Korir, PS, State Department for Investment and Industry
  • Eng. Victor Kyalo – PS, ICT and Innovation
  • Dr. Salome Gachu – Ag. CEO KENIA
  • Dr. Jemimah Onsare – Ag. CEO NRF
  • Nicholas Nesbitt, Country General Manager, IBM East Africa
  • Louis Otieno – Microsoft Africa
Kind regards,

T. Mwololo Waema | Professor of Information Systems | School of Computing & Informatics | University of Nairobi | PO Box 30197-00100, Nairobi | @timwololo

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