{"id":545211,"date":"2022-03-13T13:44:44","date_gmt":"2022-03-13T13:44:44","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/13\/taiwan-rushes-to-set-up-chip-schools-amid-global-shortage-getting-a-degree-abroad-gives-african-founders-an-edge\/"},"modified":"2022-03-13T13:44:44","modified_gmt":"2022-03-13T13:44:44","slug":"taiwan-rushes-to-set-up-chip-schools-amid-global-shortage-getting-a-degree-abroad-gives-african-founders-an-edge","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/13\/taiwan-rushes-to-set-up-chip-schools-amid-global-shortage-getting-a-degree-abroad-gives-african-founders-an-edge\/","title":{"rendered":"Taiwan rushes to set up chip schools amid global shortage + Getting a degree abroad gives African founders an edge"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-04\"><\/a> <strong>Is getting a degree abroad giving African startup founders an edge with securing<\/strong><strong> investments? <\/strong>That\u2019s what a recent analysis by <a href=\"https:\/\/thebigdeal.substack.com\/p\/homegrown-talent-still-has-it-harder?s=r\">The BigDeal<\/a>, a newsletter covering African startup investments, suggests. The analysis found that Africa-educated CEOs raised less \u2014 both in number of funding rounds (44%) and in amount (28%) \u2014 than their foreign-educated counterparts, with US-educated CEOs leading the charge, followed by their UK-educated peers. While the analysis does not provide reasons for the disparity, <a href=\"https:\/\/qz.com\/africa\/2140337\/vc-fundraising-is-for-african-ceos-who-studied-abroad\/\">Quartz Africa<\/a> suggests that CEOs \u201cstudying in and understanding the cultural dynamics of where most funding comes,\u201d helps give them an edge when working with foreign investors, who last year accounted for a bulk of investments in Africa\u2019s megarounds.<\/p>\n<p><strong>The good news: Egypt is bucking the trend<\/strong>, along with South Africa, with some two-thirds of funding raised and the total volume of rounds in both countries involving locally-educated CEOs. The American University in Cairo also got a special mention, ranking third in terms of number of alum CEOs who raised funding in Africa last year, after South Africa\u2019s University of Cape Town and Stanford.<\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-05\"><\/a> <strong>SIGN OF THE TIMES- Amid the global chip shortage, Taiwan is rushing towards<\/strong><strong> setting up specialized all-year round chip schools<\/strong> to train younger semiconductor engineers, <a href=\"https:\/\/www.reuters.com\/markets\/funds\/taiwan-invests-next-generation-talent-with-slew-chip-schools-2022-03-10\/\">Reuters<\/a> reported. The plans have proven crucial as chip companies spend bn(s) of USD into capacity expansion to make the chips, which act as the brain of every electronic device in the world. Taiwanese leading chip firm TSMC, for example, is set to spend up to USD 44 bn and hire over 8k employees in the workforce, while Samsung <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/86e2cedb-7349-461d-92e1-2dd7434dcade\">is building<\/a> a USD 17 bn chip plant in Texas. Four semiconductor graduate schools have been established in Taiwan\u2019s leading universities last year, with a combined capacity of around 100 masters and PhD students, while another has been approved.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Is getting a degree abroad giving African startup founders an edge with securing investments? That\u2019s what a recent analysis by The BigDeal, a newsletter covering African startup investments, suggests. The analysis found that Africa-educated CEOs raised less \u2014 both in number of funding rounds (44%) and in amount (28%) \u2014 than their foreign-educated counterparts, with [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":545212,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7215],"tags":[7098,9634,633,638,123,2205,6388],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-545211","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-for-your-commute","tag-africa","tag-chip-schools","tag-enterprisepm","tag-for-your-commute","tag-startups","tag-taiwan","tag-tsmc","wpautop","entry"],"acf":{"mongo_id":"5fcbf44a-3bcd-425e-9803-abbe0902040f","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2022\/3\/477.jpg","photo_position":"above","related_issue":[545207],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Taiwan rushes to set up chip schools amid global shortage + Getting a degree abroad gives African founders an edge - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2022\/03\/13\/taiwan-rushes-to-set-up-chip-schools-amid-global-shortage-getting-a-degree-abroad-gives-african-founders-an-edge\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Taiwan rushes to set up chip schools amid global shortage + Getting a degree abroad gives African founders an edge\" \/>\n<meta property=\"og:description\" content=\"Is getting a degree abroad giving African startup founders an edge with securing investments? That\u2019s what a recent analysis by The BigDeal, a newsletter covering African startup investments, suggests. The analysis found that Africa-educated CEOs raised less \u2014 both in number of funding rounds (44%) and in amount (28%) \u2014 than their foreign-educated counterparts, with [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2022\/03\/13\/taiwan-rushes-to-set-up-chip-schools-amid-global-shortage-getting-a-degree-abroad-gives-african-founders-an-edge\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2022-03-13T13:44:44+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2022\/3\/477.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/03\/13\/taiwan-rushes-to-set-up-chip-schools-amid-global-shortage-getting-a-degree-abroad-gives-african-founders-an-edge\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/03\/13\/taiwan-rushes-to-set-up-chip-schools-amid-global-shortage-getting-a-degree-abroad-gives-african-founders-an-edge\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Taiwan rushes to set up chip schools amid global shortage + Getting a degree abroad gives African founders an edge\",\"datePublished\":\"2022-03-13T13:44:44+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/03\/13\/taiwan-rushes-to-set-up-chip-schools-amid-global-shortage-getting-a-degree-abroad-gives-african-founders-an-edge\/\"},\"wordCount\":319,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/03\/13\/taiwan-rushes-to-set-up-chip-schools-amid-global-shortage-getting-a-degree-abroad-gives-african-founders-an-edge\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2022\/3\/477.jpg?fit=%2C&ssl=1\",\"keywords\":[\"Africa\",\"chip schools\",\"EnterprisePM\",\"FOR YOUR COMMUTE\",\"startups\",\"Taiwan\",\"TSMC\"],\"articleSection\":[\"FOR YOUR COMMUTE\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/03\/13\/taiwan-rushes-to-set-up-chip-schools-amid-global-shortage-getting-a-degree-abroad-gives-african-founders-an-edge\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2022\/03\/13\/taiwan-rushes-to-set-up-chip-schools-amid-global-shortage-getting-a-degree-abroad-gives-african-founders-an-edge\/\",\"name\":\"Taiwan rushes to set up chip schools amid global shortage + Getting a degree abroad gives African founders an edge - 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The photo\u2019s\u2026","rel":"","context":"In &quot;FOR YOUR COMMUTE&quot;","block_context":{"text":"FOR YOUR COMMUTE","link":"https:\/\/enterpriseam.com\/egypt\/category\/for-your-commute\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":582913,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/03\/15\/flat6labs-launches-usd-95-mn-africa-wide-seed-fund\/","url_meta":{"origin":545211,"position":2},"title":"Flat6Labs launches USD 95 mn Africa-wide seed fund","author":"enterpriseam admin","date":"15 March 2023","format":false,"excerpt":"The fund will onboard two cohorts of 10-15 startups annually","rel":"","context":"In &quot;Startup watch&quot;","block_context":{"text":"Startup watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/companies\/startup-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/3\/North-Africa-1600.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":562271,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/05\/18\/sequoia-makes-its-first-north-africa-gcc-investment-in-egypts-telda\/","url_meta":{"origin":545211,"position":3},"title":"Sequoia makes its first North Africa + GCC investment in Egypt\u2019s Telda","author":"enterpriseam admin","date":"18 May 2021","format":false,"excerpt":"Digital banking app Telda landed USD 5 mn in a pre-seed funding round led by Silicon Valley-based VC firm Sequoia Capital, according to a statement (pdf). Global Founders Capital and Class 5 Global also participated in the investment round.The investment means Telda just broke the regional record for pre-seed funding,\u2026","rel":"","context":"In &quot;Startup watch&quot;","block_context":{"text":"Startup watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/companies\/startup-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/5\/134.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":566899,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/07\/27\/goodsmart-gets-funding-hof-looks-at-south-africa\/","url_meta":{"origin":545211,"position":4},"title":"GoodsMart gets funding, HOF looks at South Africa","author":"enterpriseam admin","date":"27 July 2021","format":false,"excerpt":"Online grocery shopping service GoodsMart has secured USD 3.6 mn in funding in a round led by Sawari Ventures. The company will use the proceeds to grow its presence across the local market with a view to expanding its services to East Cairo in the coming months, according to a\u2026","rel":"","context":"In &quot;SPEED ROUND: STARTUP WATCH&quot;","block_context":{"text":"SPEED ROUND: STARTUP WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round-startup-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/7\/472.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":551372,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/06\/13\/brace-yourselves-startups-2022-may-be-a-bumpy-year\/","url_meta":{"origin":545211,"position":5},"title":"Brace yourselves, startups. 2022 may be a bumpy year","author":"enterpriseam admin","date":"13 June 2022","format":false,"excerpt":"Is the party up for startup funding? VC firms tell founders yes: It\u2019s no secret that the VC funding gravy train is slowing down globally with the tech sector\u2019s poor performance limiting VCs ability to raise funds, and the fallout dramatically affecting startups. As tech stocks nosedive and the Nasdaq\u2026","rel":"","context":"In &quot;WHAT\u2019S NEXT&quot;","block_context":{"text":"WHAT\u2019S NEXT","link":"https:\/\/enterpriseam.com\/egypt\/category\/whats-next-2\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/6\/430.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/545211","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=545211"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/545211\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/afternoon\/545207"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/545212"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=545211"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=545211"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=545211"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=545211"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=545211"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}