Complex sentence: Its goal is to look to attract top technical talent and entrepreneurs to the Western Cape and to assist these parties in creating "world class" IP start-up companies in an environment that competes with other similar hubs around the world.
Split into simpler sentences: Its goal is to look to attract top technical talent and entrepreneurs to the Western Cape. The vision is to assist these parties to create world class IP start-up companies in an environment that competes with other similar hubs around the world.