South Africa
Due Diligence
Cleantech
Technology Commercialisation
Intellectual Property
Financial Modelling

RFQ Reference: SUC-KES-DD-2026-01

Start-Up Culture invites experienced technical experts, independent consultants, multidisciplinary teams and Entrepreneurs-in-Residence to submit proposals for a short-term due diligence assignment for Kulu Eco Services (KES), a cleantech enterprise based in Cape Town.

The assignment will assess the enterprise's commercial viability, technology, techno-economics, legal position and intellectual property to inform and support its proposed Industry Matching Fund application.

The appointed service provider will undertake an independent assessment to evaluate the business's commercial and technical position and inform its readiness for the proposed funding opportunity.

Preference will be given to service providers and experts based in the City of Cape Town.

Scope of Work and Deliverables

The assignment will cover the following areas:

  • Commercial due diligence: Assessment of the enterprise's commercial viability and business prospects.
  • Technology assessment: Review of the technology underpinning the business.
  • Techno-economic assessment: Evaluation of technical and economic considerations relevant to the enterprise.
  • Legal review: Assessment of the business's legal position.
  • Intellectual property: Review of relevant intellectual property considerations.
  • Financial modelling: Analysis supporting the assessment of the business and its funding readiness.

The appointed consultant will provide due diligence findings to inform Kulu Eco Services' proposed Industry Matching Fund application.

Budget and Assignment Period

  • Budget ceiling: R120,000, inclusive of VAT.
  • Assignment duration: 15 working days.
  • Assignment period: 7–27 November 2026.

Eligibility Criteria

The opportunity is open to:

  • Experienced technical experts.
  • Independent consultants.
  • Multidisciplinary teams.
  • Entrepreneurs-in-Residence.

Applicants should demonstrate:

  • Experience in technology commercialisation.
  • Experience in innovation venture due diligence.
  • Competence in financial modelling.
  • Relevant technical and commercial assessment experience.

Preference will be given to service providers and experts based in the City of Cape Town.

Geographic Scope

South Africa, with preference for service providers and experts based in the City of Cape Town, Western Cape.

Important Dates

  • RFQ closing date: 5 November 2026
  • Closing time: 12:00
  • Full RFQ request date: 29 October 2026
  • Assignment period: 7–27 November 2026

Application Process

Interested service providers must request the full RFQ document from Asher Group before preparing their proposals.

Requests for the full scope document and proposal submissions should be directed to:

  • Info@asher-group.co.za
  • Tervern@asher-group.co.za

Proposals must be submitted by 5 November 2026 at 12:00.

Industry / Sector

Professional consulting; cleantech; technology commercialisation; business due diligence; financial modelling; intellectual property; waste management and the circular economy.

Closing date
Industry
Water supply; sewerage, waste management and remediation activities
Professional, scientific and technical activities
​Other service activities
Website link
https://asher-group.co.za/?fbclid=IwY2xjawVP9kxleHRuA2FlbQIxMABwZG9mAWJyaWQRMVNRYjhFZVVnN2JzaWpac2NzcnRjBmFwcF9pZBAyMjIwMzkxNzg4MjAwODkyAAEfHRNkEj-hABqfcdYn94x6vmmMuENgJbAAfuBHYWWwdFdxIyKyKG4QWVM-hLI_aem_9Nfs62oRIHVsA_mIoUVlXA