Technology Innovation Agency South Africa | Pretoria
Summary: 
A short description of the funding opportunity.

The main objective of the commercialisation support fund is to prepare innovators for follow-on funding, through limited support for market testing and validation. In this instance, the Technology Innovation Agency's (TIA) role is to connect technology innovators to onward business and investment opportunities.

Full description: 
A detailed description of the funding opportunity.

TIA's Commercialisation Support Fund is targeted at innovators in institutions of higher education, science councils/public research institutions and Small, Medium and Micro-sized Enterprises (SMMEs). Limited support is provided for marketing testing and validation (Technology Readiness Level (TRL) 8). Applicants, excluding science councils and institutions of higher education, are required to be South African Citizens with valid South African identity documents. Entities (SMMEs) must be registered with the Companies and Intellectual Property Commission (CIPC) and adhere to acceptable corporate governance practices appropriate with the client's legal status. Entities are required to have contractual capacity to engage with TIA and all primary technology development activities must operate within South Africa. Applicants with foreign owned intellectual property (IP) should license or assign the IP to a local institution (institution of higher learning, science council or legal entity registered with CIPC). TIA will assess the attractiveness and sustainability of the project opportunities in terms of (among others) the innovativeness of the technology/product/process/ services, current stage of technology development, viability of the technology, business model, structure and process required to commercialise.

A description of what is funded by this opportunity.

Pre-commercialisation demonstration

Applicable funding type(s).
Grant funding
How to apply for the funding opportunity.

To apply visit the TIA website, register and complete the online application.

Organisations with projects/technologies in the following organisation sector(s) may qualify to receive the funding.
Government
The minimum Technology Readiness Level a technology should have to be considered for this funding opportunity. Please follow the link to view more information on Technology Readiness Levels: Technology Readiness Levels
TRL 8: Validation and certification of the technology
Follow this link to access more information regarding this funding opportunity.
Your project will be assessed based on the following criteria.

TIA will assess the attractiveness and sustainability of the project opportunities in terms of (among others) the innovativeness of the technology/product/process/services, current stage of technology development, viability of the technology, business model, structure and process required to commercialise.

The process followed to select and award funding.

TIA has a three-stage application process; the submission of a Statement of Interest and basic
assessment, full assessment and approval.

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