THINKNG has set ambitious goals for measurable impacts in several areas:
For Businesses: The aim is to enhance R&D output and productivity, enabling companies to innovate rapidly and gain competitive advantages in their fields. THINKNG seeks to facilitate the generation of new intellectual property that can drive long-term growth and profitability.
For Government & Public Institutions: THINKNG strives for meaningful advancements in national R&D capacity, aiming to effectively tackle societal challenges related to wealth and income inequality. The platform aims to create a more robust innovation ecosystem that aligns with government initiatives and drives economic development.
For Research Funders: The goal is to improve the alignment of funding with high-priority research projects, increasing efficiency in funding allocation, and establishing a clear framework for measuring return on investment. By providing validated research initiatives, THINKNG enhances accountability and transparency for funders.
For Students & Research Talent: THINKNG intends to foster vibrant research careers for students and emerging researchers, building their employability through skills development and practical experience. By connecting talent to impactful research projects, the initiative also contributes to broader societal progress and development objectives.
Ultimately, THINKNG's impact is centered on creating meaningful outcomes that benefit businesses, communities, and the broader African economy through strengthened R&D capabilities.
THINKNG has a long-term goal of facilitating up to $1.2 billion in capital towards Africa-focused R&D by 2035. More broadly, it seeks to contribute to strengthening R&D capacity to unlock the latent potential for industrial and business innovation in Africa, which in turn will contribute to addressing the challenges of wealth, income, and social inequality on the continent.