1. OAU-ICT Driven Knowledge Park
18/11/2018

2. KEY ACE STRATEGIC OBJECTIVES 2019 - 2025
Fully functional Science and Technology Park – Skill development for solving national, regional and international needs
Listing of the FOUR spinoff companies in the Nigerian Stock Exchange;
Increasing the spinoff companies from FOUR to TEN;
$2,400,000 As Revenue Generation (7 years)
More successful entrepreneurs
18/11/2018

3. Fully Functional Science and Technology Park
S/N
Action Plan
Annual Resources
Missing Annual Resources 1
Develop the operational guide for a functional park
Developmental Partners and ACE team
Developmental Partners 2
Review the operational Guide with Expert 3
Source for fund to implement the Reviewed operational guide
Developmental Partners, ACE team and grants 4
Implement the operational guide 5
Internationalisation of programmes within the park
Accreditation Bodies ACE team, Hosting Department,
Accreditation Bodies
18/11/2018
AFRICAN CENTERS OF EXCELLENCE

4. Listing of the FOUR spinoff companies in the Nigerian Stock Exchange
S/N
Action Plan
Annual Resources
Missing Annual Resources 1
Registration of the FOUR companies as a Public Limited Liability Company under the provisions of the Companies & Allied Matters Act.
ACE Team
Expert in Business Law 2
Adopt the International Financial Reporting Standards (IFRS) in line with Security and Exchange Commission (SEC) regulations.
Project Accountant 3
Apply to SEC for listing. 4
18/11/2018
AFRICAN CENTERS OF EXCELLENCE

5. Increasing the spinoff companies from FOUR to TEN
S/N
Action Plan
Annual
Resources
Missing Annual Resources 1
Mentees trained to develop commercially viable ideas.
Experts in Start-ups , Investors and Industry partners
Investors 2
Incubate the mentees’ developed viable ideas.
Experts in Start-ups, Industry partners Investors 3
Register the Business Name under the provisions of the Companies & Allied Matters Act.
ACE Team and expert in Business Law
Expert in Business Law 4
Register the companies as a Public Limited Liability Company under the provisions of the Companies & Allied Matters Act.

6. $2,400,000 As Revenue Generation (7 years)
S/N
Action Plan
Annual Resources
Missing Annual Resources 1
Collect rents and royalty from the Spinoff Companies.
Project Manager and Park Manager
Park Manager 2
Collect revenue from investors. 3
Collect revenue from ICT charges and training fees. 4
Collect revenue from commercialized research products. 5.
Tuition fees
Project Manager
Project Accountant
Postgraduate Students
18/11/2018
AFRICAN CENTERS OF EXCELLENCE

7. More successful entrepreneurs
S/N
Action Plan
Annual Resources
Missing Annual Resources 1
Entrepreneurial skill training
ACE Team, Experts in Start-ups, Industry Partners, and Investors
Investors 2
Development of commercially viable ideas by the students
ACE Team, Experts in Start-ups, and Investors
Industry Partners 3
Incubation of commercially viable ideas
ACE Team, Experts in Start-ups, Industry Partners, and Investors .
18/11/2018
AFRICAN CENTERS OF EXCELLENCE

8. Sustainability Plan- 7 Years Projection
S/N
Activity
Year 1
2019 $
Year 2
2020
Year 3
2021
Year 4
2022
Year 5
2023
Year 6
2024
Year 7
2025
Total 1.
Rents and Royalty from the Spinoff Companies. -
10,000
15,000
20,000
25,000
35,000
105,000 2.
Revenue from Investors
30,000
100,000 3.
Revenue from ICT charges and training fees (short term training)
228,758
245,450
260,400
266, 500
275,000
288,400
292,000
1,856,508 4.
Commercialisation of research outputs.
29,500
50,000
79,500
85,000
90,000
120,000
554,000 5.
Tuition fees
75,000
125,000
150,000
585,000
278,258
350,450
434,900
476,500
495,000
526,500
617,000
2,700,508
Total Expenditure
49,000
57,000
64,000
65,508
300,508
Balance
268,258
330,450
399,900
427,500
438,000
462,500
551,492
2,400,000
18/11/2018
AFRICAN CENTERS OF EXCELLENCE

9. AFRICAN CENTERS OF EXCELLENCE
18/11/2018
AFRICAN CENTERS OF EXCELLENCE

10. POSSIBLE COLLABORATIONS WITH OTHER ACEs
Collaboration across all ACEs
Application of soft computing and intelligent systems engineering to develop data driven models from databases
Web portal development
Provision of short term ICT-based training
Collaboration with specific ACE
M.Sc. (Agriculture Information and Communication Management) - CEADESE (FUNAAB), CDA (BUK), CEFTER (BSU)
M.Sc. (Health Technology) – CERHI (UNIBEN)
M.Sc. (Pharmaceutical Technology) – ACEGID (RU)
Short term course on Cybersecurity – CETIC (UNI YAOUNDE)
18/11/2018