Posted: February 21, 2023
The Department of Trade, Industry and Competition (the dtic) will host a wokshop on the the Support Programme for Industrial Innovation (SPII) – a programme designed to promote technology development in South Africa. The workshop will take place at the Nelson Mandela Bay iHub in Gqeberha on Wednesday, 22 February 2023 from 10:00
The SPII is mainly aimed at providing financial assistance for the development of innovative products and processes, with a specific focus on the development phase. This phase begins at the conclusion of basic research and ends at the point when a pre-production prototype has been produced. SPII consists of two sub-programmes, namely Product, Process Dvelopment Programme (PPD) and Matching Scheme (MS).
Up to R5 million is available to qualifying enterprises and this is offered as a non-repayable grant.
The programme was previously administered by the Industrial Development Corporation (IDC). In 2015, the programme was integrated into the dtic. This was done so as to enhance and streamline the industrial focus and support offered to the industry, thus enabling the dtic to strengthen its relationship with beneficiaries of the programme. In 2021 a review of the programme was initiated, and this resulted in the SPII Improvement Plan that is currently being implemented.
The Chief Director of Strategic Partnerships and Customer Care at the dtic, Ms Tsepiso Makgothi says since its intergration to the dtic in 2015, 107 projects have been approved so far to the total of R296 million.
She adds: “The objective of tomorrow’s workshop is to promote SPII to stakeholders and eligible entities, so they are able to apply and to contribute to the economy through innovation; promote collaboration between business and government in relation to innovation, and position the dtic as a catalyst and contributor to innovation.”
Bongani Lukhele – Director: Media Relations
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Issued by: The Department of Trade, Industry and Competition (the dtic)
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