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HEALTH INNOVATION & ENTREPRENUERSHIP 

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INTRODUCTION

CTLI’s innovation programs will bridge academics and entrepreneurship, facilitating the utilization of research to drive innovations in health care. A rigorous incubation program will foster commercial applications of research findings through training, mentorship, and investment. In addition, public events, seminars, and office hours aim to create a community of health sector entrepreneurs focused on translating scientific innovations into impactful businesses.

Responsive to Liberia’s
Business Ecosystem

To ensure that CTLI’s programs prepare learners for the entrepreneurial environment in Liberia, CTLI and partners undertook a scoping assessment, including a literature review and interviews with key stakeholders, which revealed 3 key challenges facing Liberian entrepreneurs:

  1. Lack of access to financing

  2. Lack of business skills

  3. Lack of cultural and structural support for entrepreneurship

CTLI has designed programs that address these challenges head-on, helping innovators and entrepreneurs to flourish and drive improvement in Liberia’s health sector.

A Suite of Programs for Unique Entrepreneurs

Recognizing the varying needs of entrepreneurs at different stages of the innovation process, CTLI will offer a diverse set of programs.

 

For individuals with an idea and those interested in learning more about innovation, seminars, special events, and office hours offer opportunities to learn from experts and facilitate ideation, including connections between researchers and businesspeople. For those ready for an intensive commitment to building their business, CTLI will offer incubation programs, mentorship, and seed funding.

Leveraging Proven Models for Impact

CTLI has partnered with Liberian non-profit tech hub iLab and the Consortia for Improving Medicine with Innovation and Technology at Mass General Hospital to design and implement programs.

 

In May-June 2022, the CTLI team conducted a learning exchange trip to Nairobi, Kenya and Accra, Ghana to understand proven strategies for supporting ventures through the ideation, incubation, and acceleration stages. The team visited a wide variety of universities, innovation hubs, and start-ups, and is already applying the lessons learned to activities within CTLI. These partnerships will ensure that programs reflect global best practices, as well as facilitate connections to mentorship and resources for entrepreneurs through CTLI.

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