The United Nations Office for South-South Cooperation (UNOSSC), in partnership with the United Nations Office of the High Representative for Least Developed Countries, Landlocked Developing Countries and Small Island Developing States (UN-OHRLLS), will co-launch a South-South Technology Transfer Facility for SIDS. The ceremonial launch will take place at the conclusion of the SS-GATE Luncheon, scheduled to be held from 12:00-13:00 on Day 1 (30 August 2014) of the Private Sector Partnerships Forum, 30-31 August 2014 in Apia, Samoa, a pre-conference event leading up to the 2014 UN Conference on Small Island Developing States, 1-4 September 2014 in Apia, Samoa.
It is proposed that the Facility will also be announced during the â€śSustainable Economic Developmentâ€ť cluster on Day 1 (1 September 2014) of the high-level Multi-stakeholder Partnership Dialogues, the first component of the 2014 UN Conference on Small Island Developing States.
The main purpose of the Facility is to transfer technologies from providers to recipient SIDS with support from UNOSSCâ€™s South-South Global Assets and Technology Exchange (SS-GATE) platform. Such technologies range across various areas as sustainable agriculture, infrastructure, global health, dairy and agro-food processing, water management, and renewable energy. Furthermore, technology providers and financial investors from the South and from traditional Northern donors will be matched with the relevant business communities in SIDS.
The Facility will also actively promote the use of the technologies across SIDS through organizing networking meetings and workshops to inform partners and representatives from SIDS about the initiative, available technologies, and success stories, while also identifying and nurturing innovative business ideas in the SIDS through strategic training and partnerships.
Initial activities of the Facility will include the immediate implementation of an online and onsite SS-GATE Business Matchmaking Space, with registration now available at http://ss-gate.info/samoa2014. The matchmaking space will provide an opportunity for private sector participants to share their supply and demand needs, while delivering real-time project listing and documentation, project matchmaking, business facilitation, and post conference follow-up.
6. The Facility will also provide continuity beyond the conference by commencing the following activities:
â€˘ Pilot Programme would be constructed after the conference concludes where a platform for the South-South and triangular transfer of viable, sector-specific technologies would aim at developing and/or strengthening capacities and production in SIDS. UNOSSC and UN-OHRLLS will provide oversight and coordination for the joint Facility, while SS-GATE will be designated as the implementing entity.
â€˘ SS-GATE Country Centres to be created within SIDS that addresses local investment needs while also supporting the global SS-GATE platform, where 48 country centres currently operate in 45 countries. SS-GATE country centres are local affiliates and independent organizations that represent the interests of their countries and collaborate with SS-GATE to source projects and help organize conferences
â€˘ The South-South Investment Fund for SIDS is envisioned as a social impact investment fund fostering sustainable growth in SIDS. It will have the structure of a traditional venture capital/private equity fund and invest in projects/SMEs in SIDS. The investment will start from promising SS-GATE transactions as pilot projects. The fund will provide much-needed capital to enable local economic growth as well as assess to modern business management skills and enable local capacity building.