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 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. |
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 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. |
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
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.
Innovation Investments
FibrePoynt technology uses passive beam forming, beam pattern diversity and beam shaping to get the best possible signal to the home units which then provides Wi-Fi for the end user devices to connect to. The technology promises a cost effective, faster-rollout, and high-speed alternative deployment of broadband infrastructure in areas that were previously deemed unfeasible.
FibrePoynt is proudly part of Poynting Antennas – the South African company that is one of the world’s leading innovators of antenna products.
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Floatpays is a company that partners with employers to offer their employees earned-wage access, a market-leading savings wallet and money management tools to help them better manage and enjoy their income.
The company offers a solution that allows integration with multiple payroll partners to allow access to finance simply and quickly at a low cost. It can be operated off a smartphone or USSD and has integrated a fully transactional wallet.
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Chelo is a project management and funding platform that prides itself on security, transparency and accountability.
Chelo makes it easy for businesses and philanthropists to fund projects by operating as a platform through which funders can actively trace the progress and fund distribution of a specific project.
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Founded in 2018, Grand African Innovative Technologies (Graf-in Tech) is a South African company focused on creating tailored digital solutions to address social, economic, and environmental challenges facing Africa. It harness' the potential of rapidly advancing digital technologies to increase productivity and human potential. Graf-in Tech's expertise lies in AI, Big Data, Analytics, Business Intelligence, and IoT. With a skilled technical team, we excel in developing integrated data-driven innovations. In today’s ever-changing landscape, its solutions prove essential for optimizing
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!