How UCL helped Afrocenchix get to where it is today
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arrocenchix MAKING NATURAL SIMPLE
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HOW UCL HELPED AFROCENCHIX GET ITS START
Rachael for The New York Times
An independent report commissioned by UCL estimates that the university generates close to £10bn a year in economic activity from
its spending of £1.67bn. According to the consultancy London Economics, that figure “is comparable to the boost in international
trade and inward investment delivered by the 2012 London Olympics”.
While much of the £10bn is generated by the spread of UCL’s research and knowledge, some comes from nurturing company spinoffs and
startups such as that cofounded by Rachael Twumasi-Corson, whose company Afrocenchix is now selling its haircare products in
Superdrug and Whole Foods as well as exporting to more than 50 countries.
Afrocenchix’s 14 employees are dwarfed by the 19,000 full-time jobs the report estimates are supported by UCL’s activities, but
Twumasi-Corson credits UCL for crucial funding and support to help get Afrocenchix off the ground – thanks to a lecture she
attended while studying medical anthropology.
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