Innovation and Technology Funding instruments
Technology Venture Capital (TVC)
this incentive funds product testing and demonstration, process/ product development, small scale manufacturing, market ready and market development.
Objective | TVC is a fund established by the dti and managed by IDC which provides business support and seed capital for the commercialisation of innovative products, processes and technologies. TVC aims to increase the number of economically-productive companies in SA, and thus contribute to economic growth and international competitiveness through innovation and technological advancement. |
Beneficiaries | South African SMME companies. |
Benefits | Financial assistance to qualifying companies that wish to commercialise innovative products. |
Implementing Agency | The Industrial Development Corporation. |
Contact:
Mr. Craig Sauls
Tel: +27(0)11 269 3554
E-mail: craigs@idc.co.za
Website: http://www.investmentincentives.co.za/concept-and-rd/technology-venture-capital-fund
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