Innovation and Technology Funding instruments
this funding funds applied research, technology development and pre-commercialization.
|Objective||To assist small, medium and micro-sized enterprises (SMMEs) and higher education institutions (HEIs) in bridging financing requirements to translate research outputs into fundable ideas for commercialization|
|Beneficiaries||higher education institutions (HEIs) and science councils (SCs) Small, medium and micro-sized enterprises and start-up companies|
|Benefits||R 100 000 (minimum amount of funding)
R 500 000 (maximum amount of funding)
12-month funding period
|Implementing Agency||Technology Innovation Agency (TIA)|