Innovation Fund Overview
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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. |
Discover South Africa's Vision for Science, Technology and Innovation!
Attract additional private sector investments into South Africa’s innovation ecosystem and venture capital industry.
Encourage the development and commercialisation of locally developed intellectual property as well as innovative products and services.
Provide catalytic (risk) capital backing to early-stage startups and tech-enabled SMMEs.
Strengthen infrastructure and support systems for innovation and venture building, including venture studios, incubators, accelerators, hubs, etc. to ensure a robust and interconnected ecosystem.
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!
Innovation Fund 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. |
Discover South Africa's Vision for Science, Technology and Innovation!
Attract additional private sector investments into South Africa’s innovation ecosystem and venture capital industry.
Encourage the development and commercialisation of locally developed intellectual property as well as innovative products and services.
Provide catalytic (risk) capital backing to early-stage startups and tech-enabled SMMEs.
Strengthen infrastructure and support systems for innovation and venture building, including venture studios, incubators, accelerators, hubs, etc. to ensure a robust and interconnected ecosystem.
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!
Innovation Capital
To date (2024-2025 Financial year), the Innovation Fund has disbursed R917.2 million to its implementing partners, through 10 Venture Capital Funds. On direct funds investment model, the fund also committed to 27Four and Anza Capital through two Venture Capital Funds.
Click on each Venture Capital Fund's logo to learn more about them.
Innovation Investments
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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AdBot offers automated advertising campaign management services for small and medium-sized enterprises (SMEs) in Africa. They utilize advanced machine learning technologies to power their AI-driven automated ad campaign management, which enables SMEs to get their Google and Bing ads online in just 10 minutes. This allows them to concentrate on other crucial aspects of their businesses.
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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.
Read more
Button Optics is a low-cost all in one laser diagnostic device that can measure various laser characteristics from a single measurement, which can also work in reverse as a structured light creation device.
It is a technology spin-out company from the Structured Light Lab. Their mission is to commercialize ground-breaking and exciting research, produce high-tech solutions for a variety of applications and stimulate the local industry through international competitiveness.
Read moreInnovation Fund Open and Closed Calls
Innovation Reports
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.
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!