Khoebo Innovation Promotion Programme: Eastern Cape

Join the Khoebo Innovation Promotion Programme (KIPP) Fund will be hosting regional launch event in the Eastern Cape.

Assisting local Entrepreneurs and Small to Medium Enterprises with commercialisation funding, the KIPP fund offers capital and business support to SMMEs during the early stages of commercialisation with particular emphasis on Township and Rural Entrepreneurs.

The objective of the fund is to enable early-stage innovative SMEs to penetrate the market with their locally developed innovations resulting in a more competitive economic environment and thereby facilitating economic growth in the South African Economy.

PROGRAMME APPROACH

• Only locally developed innovations that are already fully developed and market-ready, will be considered.
• Innovative products, processes, and technologies across all sectors, that have the potential of a significant developmental impact on the SA economy will be considered.
• With a focus on grassroots innovators/innovations these locally developed innovations will be prioritized.
• The fund will provide medium to long term funding at a low cost.
• The maximum funding per transaction is currently set at R7 million.

Click here to RSVP and attend the event