Innovation Fund Overview

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 SMEs to scale and succeed. Be part of this transformative movement and help shape the future of our economy. 

Innovative startups and tech-driven SMEs 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!

 
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

Innovation Fund Overview

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 SMEs to scale and succeed. Be part of this transformative movement and help shape the future of our economy. 

Innovative startups and tech-driven SMEs 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!

 
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

Innovation Capital

Funds Disbursed

The Innovation Fund has continued to fuel South Africa’s innovation ecosystem by supporting its implementing partners through multiple Venture Capital Funds. Through its direct investment model, the Fund has also partnered with 27Four, Anza Capital and CSIR C3 strengthening access to finance for game-changing start-ups and SMEs.

Click on each Venture Capital Fund's logo to discover how they are powering innovation and shaping South Africa’s future.

 
Our Partners

Innovation Investments

Funded Startups & Projects

African Applied Chemical (Pty) Ltd is a bio-technology company that specialises in the manufacture of a proprietary slow release fibres (Bi-KoTM). These fibres are made mainly from polypropylene copolymer. The fibres are specially engineered to store a high amount of liquid within their matrix and slowly release small amounts over a long period of time.

This technology is aimed at slowly releasing high value actives in order to prolong their residual effectiveness and reduce the overall cost of their use in practical applications. 

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AgrigateOne is an agritech software company founded in 2018, dedicated to revolutionizing the fresh produce supply chain by blending innovative technology with deep agricultural expertise.

Its user-friendly cloud platform offers real-time data visibility for growers, packhouses, exporters, and buyers; automating workflows, ensuring traceability, and enabling data-driven decisions.

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AgriLogiQ combines a range of world-class undercover farming systems, software, and hardware, such as venting motors and weather sensors/stations, with a cloud-based software platform to enable wireless and intelligent poly-greenhouse automation and remote management.

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Bambili Energy is a South African black-owned and managed clean energy solution provider. It is committed to providing clean and flexible energy solutions. It holds interest in Hyplat, which produces MEAs, the most critial and valuable element in a fuel cell.

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Innovation Reports

Insights

Stay informed with our latest publications, reports, success stories and insights—your gateway to understanding how innovation is shaping the future. Discover how groundbreaking technologies, impactful collaborations are transforming industries and communities.

 
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Reports

The Innovation Fund is committed to fuelling South Africa's potential through strategic investments that drive economic growth, job creation, and global competitiveness. The fund provides innovators with access to networks and capital, empowering them to develop solutions that not only enhance quality of life but also promote environmental sustainability.

Explore our latest reports and be part of the ecosystem!

 
Our Partners