Takoradi Technical University, TTU, has signed a 2-year Memorandum of Understanding, MoU, with ISpace, a leading innovation hub, to enhance the commercialization of research projects conducted by its students. This strategic partnership aims to provide TTU students with invaluable access to research experts and industry professionals, furthering their ability to translate academic research into viable commercial ventures.

Under the terms of the MoU, ISpace will offer TTU students’ resources and mentorship from specialists in their respective fields. This initiative is designed to bridge the gap between theoretical research and practical application, fostering an environment where academic work can lead to real-world innovations.

The Vice Chancellor of TTU, Rev. Prof. John Frank Eshun who signed on behalf of the University said the agreement is a step in the right direction as it falls in line with the university’s vision and mandate. 

“I think it fits exactly with our vision. Our vision is to be a world-class technical university recognized for excellence, innovation, and societal relevance, and the innovation aspect is what we want to drive. So, we’ve tried to change our assessment criteria by introducing Education 5.0, which includes research, teaching, service to the community, innovation, and commercialization. This partnership will help us address these areas,” he said. 

He further asked all to ensure the practicality of the MoU signed.

“I believe it will not be a nine-day wonder. I want to see practical outcomes from this partnership. It will be monitored from time to time,” he emphasized.

The CEO and Founder of ISpace, Josiah Kwesi Eyison, appreciated the University and promised their commitment to supporting students and the innovation space.

Prof. Abigail Gura, Dean of the Faculty of Business Studies, while appreciating the partnership, called for a materialized outcome that will benefit both parties. 

“I want to thank the Vice Chancellor for his time and for giving us the go-ahead to enter into this partnership with ISpace. We are looking forward to a working MoU, one that will bring results to the University,” she said.

The MoU signing was attended by representatives from both TTU and ISpace, marking the beginning of what is anticipated to be a productive and transformative relationship for the University’s research community.