Overview

South Africa is driving innovation to attract private sector investment, create jobs, and enhance economic competitiveness. Through targeted innovation funding programmes, the fund is empowering startups and tech-enabled SMMEs to scale and succeed. Be part of this transformative movement and help shape the future of our economy. 

Innovative startups and tech-driven SMMEs are the backbone of economic growth and job creation. Yet, too many fail due to a lack of early-stage funding. The Innovation Fund is here to change that.

Established as a pilot, the fund is designed to bridge the critical funding gap, accelerate the commercialization of locally developed intellectual property, and drive the growth of high-tech enterprises. By de-risking early-stage investments, we are building a pipeline of sustainable, high-growth startups, ensuring South African innovation competes on a global scale.

 
Our Mandate & Policies

Discover South Africa's Vision for Science, Technology and Innovation!

Decadal Plan (2022–2032)

The Decadal Plan is South Africa’s bold roadmap to transform science, technology, and innovation (STI) landscape. As the official implementation plan of the country's White Paper on STI, it outlines national priorities and strategies for the next decade.

 
Our Objectives
Leverage Private Capital

Attract additional private sector investments into South Africa’s innovation ecosystem and venture capital industry.

Stimulate Innovation

Encourage the development and commercialisation of locally developed intellectual property as well as innovative products and services.

Support Startups & Tech-enabled SMMEs

Provide catalytic (risk) capital backing to early-stage startups and tech-enabled SMMEs.

Build a Resilient Innovation Ecosystem

Strengthen infrastructure and support systems for innovation and venture building, including venture studios, incubators, accelerators, hubs, etc. to ensure a robust and interconnected ecosystem.

Foster Talent

Build the human capabilities necessary to strengthen South Africa’s innovation ecosystem.

Download the Innovation Fund report now and explore how we’re driving startup growth, innovation, and economic transformation. Get your copy today!

 
Our Partners