As a global leader in private sector development, IFC works with experts to generate research, ideas, and analysis on the economics of private sector development. This space provides a global platform for fresh ideas on how the private sector can help address the most urgent challenges of development.
Deep tech companies aim to address the world’s biggest challenges. These include providing Internet access to the unconnected, reducing greenhouse gas emissions, significantly increasing productivity gains across industries, and helping to solve many other intractable problems, particularly in emerging market and developing economies. A deep tech company brings transformative technology from the lab to the market, and democratized research infrastructure and increased available funding has led to the rise of deep tech companies globally, including in emerging markets. Yet commercialization is critical to realizing the benefits of deep tech solutions, and deep tech firms often struggle to successfully commercialize their breakthroughs.
English | 8 pages—November—Note 94 | IFC 2020