Being an ambitious project, built from the scratch and with a very relevant potential impact for the country, the Technology Park will integrate sustainable development logic in its activity and will be a positive global contribution for future generations, from the construction phase to the operation phase itself.

One of the starting points for the Technology Park creation is that it is an initiative that aims at generating value. This value generation integrates two complementing dimensions, namely:

  • Financial – that results from the financial return of the investment made, considering that the Technology Park will have a number of facets with a clear business perspective (revenue generation);
  • Economic – that comes from the positive effect that this investment will produce in the institutions and in the Country’s economy.

The Technology Park will be developed considering the need to respond to increasing demands of comfort, as well as the new environmental challenges, not only in the construction phase, but also in the exploration phase. In this sense, the strategy for environmental performance of the Technology Park was designed according to five strategic axes:

  • Buildings Energy Efficiency;
  • Promotion of the Renewable Energies;
  • Environmental Security;
  • Biodiversity Protection;
  • Technology Park Impact Reduction.

The Technology Park will adopt a consistent strategy to ensure the good relation with its stakeholders and will invest in the management of its human resources based on the principles that competences, (technical and, most of all, behavioral) are the key management elements and critical driver for people’s development and motivation. Among the actions to include in these plans some initiatives stand out: training, integration in the coaching program, team building, career management, functional mobility, among others.

The Technology Park will respect and promote the Human Rights and specific gender policies in its different intervention areas, both in terms of the investment policy, human resources management or in the value chain management.

With the underlying local communities, it will be a stimulus for the economic activity and will provide spaces of access to the community as libraries, sport and leisure spaces and commercial spaces.

The Cabo Verde Technology Park is clearly a technology-based business Park where innovation is privileged and entrepreneurship is encouraged.

The project is currently under construction and its conclusion is due on mid 2020. It includes the construction of business, incubation, certification and training centers, administrative building, civic auditorium, Data Center, with parks in the cities of Praia and Mindelo.

This infrastructure aims to boost the TIC cluster, positioning Cabo Verde as an international center of service provision and as a Gateway to Africa for international reference companies in the sector.

 

Strategic Goals

 

  • Fostering an ecosystem of technology-based innovation and entrepreneurship;
  • Establishing partnerships with key international players in the sector;
  • Attracting foreign direct investment for ICT-based services;
  • Empowering the development, visibility and distribution of e-governance solutions;
  • Expand and integrate e-solutions and services for diverse business areas;
  • Encouraging ICT training for domestic and regional human resources

 

 

 

Overview

The Park’s incubator promotes and supports the creation of new businesses, it promotes youth entrepreneurship, mobilizes ICT sector and stimulate research and development, through the offer in attractive and competitive prices of infrastructure of excellence and support services to the start-ups, such as the access to a network of experts and networking, accreditation services, mentoring, among others.

It will be a space enabling the creation of innovative ideas where the cooperation between start-ups/project promoters is supported and promoted. It is oriented towards providing support to companies, assisting them in the maturation and acceleration of their business.





A Incubadora tem como objectivo promover e apoiar a criação de novos negócios, fomentar o empreendedorismo jovem, mobilizar o sector TIC e dinamizar a investigação e desenvolvimento, através da oferta a preços atraentes e competitivos de infraestruturas de excelência e de serviços de apoio às start-ups, tais como o acesso a rede de especialistas e networking, serviços de acreditação, mentoring, entre outros

The Special Economic Zone for Technologies (ZEET) is set up in the TechPark.

For the technology-based companies that want to set up in the Cabo Verde Technology Park, plots are made available for construction in the technological village “Castelon Vale”.

“Castelon Vale” and “Julion Vale” are technological real state buildings complementing Cabo Verde Technology Park and are designed to host technology companies that intend to benefit from the Market-Companies-Employment-Capacity-building ecosystem, created with the Cabo Verde Technology Park activities.

The TechPark is a special economic zone for technologies (ZEET). The companies that set up in the Park, including the neighboring areas of the “Castelon Vale” in Praia and in the “Julion Vale” park in Mindelo, will be free of:

  • Tax to corporate legal entities
  • Free of tax regarding VAT
  • Free of customs tax
  • Will benefit from tax incentives

One of the services that the Data Center provides is Business Continuity. One space that ensures the best technical and security conditions, located in an area of low-exposure to natural hazards. It incudes a shared room of offices for dedicated job posts, with access to meeting rooms.

The Business Continuity room will be completely equipped with furniture, phone, PCs, internet connection and access dedicated to the company’s private network, enabling the teams that are operating in the Business Continuity to speed up and simplify their communication processes.

In case of any event, the operators of any company can set up immediately in the room made available in the Data Center and keep operating their business, without any constraints or productivity loss as if they were in their offices, with all PCs and equipments installed and set up to its private  network.