Implementing Partners

The Innovation Fund is built on a bold vision, driving public-private co-investment to fuel the growth of high-tech startups and SMEs.
To make this vision a reality, the Department of Science, Technology and Innovation (DSTI) has partnered with leading Fund-of-Funds investment intermediaries, including the Technology Innovation Agency (TIA), SASME Fund, and the Public Investment Corporation (PIC).
These strategic partners work with top venture capital fund managers, creating a powerful syndication model that unlocks funding, accelerates growth, and strengthens South Africa’s innovation ecosystem.

Join us in shaping the future—invest, innovate, and grow with the Innovation Fund!

 

 
PIC Fund
Public Investment Corporation

The Public Investment Corporation SOC Limited (PIC) is an asset management firm wholly owned by the government of the Republic of South Africa. It runs a diversified investment portfolio, which comprise of multiple asset classes. These include listed equities, real estate, capital market, private equity and impact investing.

TIA Fund
Technology Innovation Agency

TIA is a national public entity that serves as the key institutional intervention to bridge the innovation chasm between research and development from higher education institutions, science councils, public entities, and private sector, and commercialisation.

SASME Fund
SA SME Fund

The SASME Fund was established by members of the CEO Initiative – a collaboration between government, labour and business to address some of the most pressing challenges to the country’s economic growth – as an avenue of support for the SME sector.

Fund of Funds Level