Government Support for Youth Innovators through Capital and IP Protection

TLDR

• DODOMA: The Tanzania Commission for Science and Technology (COSTECH) has stated that the Government continues to establish an enabling environment for young innovators by providing them with capital, protecting their.
• The COSTECH chief added that the Commission has established various systems to support innovators, including seed funding, credit guarantee schemes, and linkages with other institutions to help them access capital with.
• This shows that Government support is not just about money, but also about building a friendly environment that enables innovators to protect their work, refine it, and bring it to market,” he said.
• Furthermore, Dr Nungu said the youth requested the Government, through COSTECH, to convey their concerns regarding the repayment terms of loans issued by local councils.
• He stated that one of the prioritized areas is the protection of innovators’ Intellectual Property rights, explaining that innovations need to be protected to be beneficial to both the innovators and the nation at large.