African Technology Foundation is located in Mountain View, CA. The organization was established in 2014. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. African Technology Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
AFRICAN TECHNOLOGY LANDING PADOUR TECHNOLOGY LANDING PAD WILL BE A JOINT EFFORT WITH OTHER SILICON VALLEY STAKEHOLDERS TO PROMOTE THE ACCELERATION OF THE INCUBATION AND ACCULTURATION OF AFRICAN STARTUPS AND ENTERPRISES. WE ARE COMMITTED TO THE GLOBAL POSITIONING OF AFRICAN TECHNOLOGIES, AND OUR APPROACH IS GUIDED BY A UNIQUE COMBINATION OF A RICH SILICON VALLEY NETWORK AND A STRONG TEAM OF MENTORS AND STARTUP ADVISERS. OUR US NETWORK WILL INCLUDE INCUATION PARTNERSHIPS WITH THE LEADING NONPROFIT TECHNOLOGY INCUBATORS, AND WITH THE ENTREPRENEURSHIP DEPARTMENTS OF PARTICIPATING US UNIVERSITIES THAT HAVE A FOCUS ON AFRICA (E.G. GSBI AT SANTA CLARA UNIVERSITY AND SEED AT STANDORD UNIVERSITY).VENTUREPATHTHROUGH OUR VENTUREPATH PROGRAM, WE PLAN TO FACILITATE THE UNDERSTANDING OF TECHNOLOGY VENTURE PLANS BY AFRICAN COMPANIES, WHICH PLANS ARE RELEVANT TO THE SILICON VALLEY MARKET AND THE GLOBAL INNOVATION ECOSYSTEM. THE PROGRAM WILL INCLUDE SUPPORTING AND PROMOTING INCUBATION AND ACCELERATION PARTNERSHIPS WHERE AFRICAN STARTUPS CAN STUDY BUSINESS MODEL VALIDATION. WE WILL ALSO ENCOURAGE THE DEVELOPMENT OF UNIQUE LEARNING TOOLS AND SUPPORT SERVICES TO FACILITATE INVESTOR ENGAGEMENT. WE PLAN TO WORK CLOSELY WITH AFRICAN DIASPORA PROFESSIONALS WITHIN US BUSINESS SCHOOLS AS WELL AS AFRICAN STUDENT ORGANIZATIONS AND THEIR AFFILIATIED AFRICAN BUSINESS CLUBS TO PROVIDE THE MOST RELEVANT TOOLS AND RESOURCES FOR THE SUCCESSFUL EXECUTION OF INNOVATION PROJECTS.AFRICAN BUSINESS LEADERSHIP PROGRAMWE ALSO PLAN TO SUPPORT THE GROWTH AND DEVELOPMENT OF THE NEXT GENERATION OF BUSINESS LEADERS IN AFRICA. THROUGH OUR UNIQUE DIASPORA AFFILIATIONS, OUR DIVERSE ENNTOR NETWORKS AND OUR RICH CONNECTIONS WITH BUSINESS LEADERS IN SILICON VALLEY, OUR LEADERSHIP PROGRAMS WILL BE DESIGNED TO RAISE THE BAR ON BUSINESS MANAGEMENT IN AFRICA BY LOCALIZING AND CONTEXTUALIZING LEADERSHIP BEST PRACTICES FROM THE MOST INNOVATIVE REGIONS OF THE WORLD.WE WILL WORK IN ALLIANCE WITH LEADERSHIP SUMMITS, THROUGHT LEADERS AND CONTENT PROVIDERS TO BUILD A KNOWLEDGEBASE OF LEADERSHIP TOOLS THAT WILL EMPOWER THE NEXT GENERATION OF AFRICAN BUSINESS LEADERS.AFRICAN CONNECTIONSTHROUGH OUR AFRICAN CONNECTION INITIATIVE, WE PLAN TO OFFER UNIQUE OPPORTUNITIES FOR AFRICAN STARTUPS TO INTERACT WITH GLOBAL STAKEHOLDERS ACROSS MULTIPLE SECTORS AND INDUSTRIES. WITH OUR STAGE AGNOSTIC SUPPORT SERVICES, WE PLAN TO UNCOVER RELEVANT INDUSTRY CONVERGENCES BETWEEN AFRICAN AND WESTERN ACTORS AND FACILITATE THE DEVELOPEMTN OF BILATERAL TRADE AND TECHNOLOGY PLATFORMS. WE ALSO PLAN TO ADVOCATE PUBLIC-PRIVATE-PEOPLE-PARTNERSHIPS (PPPP) AND LOCAL INITIATIVES THAT CENTER ON EMPLOWERMENT OF ENTREPRENEURS THAT RELY ON STRONG DIASPORA NETWORKS. OUR AFRICAN CONNECTIONS PLATORM WILL INCLUDE RELATIONSHIPS WITH US BASED CHANBERS OF COMMERCE THAT HAVE INTERESTS IN AFRICA, US NONPROFIT ORGANIZATIONS THAT ARE ACTIVE ON THE CONTINENT AND GOVERMENT INSTITUTIONS AND AGENCIES THAT ARE PROPONENTS OF INTERNATION COLLABORATIONS.LAB2MARKETLAB2MARKET IS OUR TECHNOLOGY TRANSFER PROGRAM THAT WILL SUPPORT INNOVATION AND COMMERCIALIZATION OF AFRICAN TECHNOLOGIES THROUGH UNIVERSITY COLLABORATIONS. THROUGH THIS PROGRAM, WE SEEK TO PROMOTE INTELLECTUAL PROPERTY AND INDUSTRY RESEARCH ALLIANCES FOR AFRICAN RESEARCH UNIVERSITIES AND TECHNOLOGY LABS THAT ARE SEEKING TO DEVELOP MULTIDISCIPLINARY AND TURNKEY TECHNOLOGY SOLUTIONS THROUGH TECHNOLOGY PARTNERSHIPS WITH US UNIVERSITIES.OUR LAB2MARKET INITIATIVE WILL PROMOTE TECH TRANSFERS AND COLLABORATIVE RESEARCH PARTNERSHIPS WITH LEADING US UNIVERSITIES ON AREAS SUCH AS FRUGAL INNOVATION, PRODUCT DEVELOPMENT, INTELLECTUAL PROPERTY DEVELOPMENT AND PROTECTION, AND TECHNOLOGY COMMERCIALIZATION.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Stephen Ozoigbo Pres & Secy | 40 | $0 | |
Tarisai Garande VP & Treasurer | 1 | $0 | |
Ruth Wilson Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $0 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $748 |
Total expenses | $748 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $47,088 |
Other assets | $0 |
Total assets | $47,270 |
Total liabilities | $0 |
Net assets or fund balances | $47,270 |