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
Enzyme Technologies is a biotechnology company that has developed a technology to produce Bromelain, a protease enzyme of high activity and stability from waste pineapple stems.
Being a powerful digestive aid and anti-inflammatory, Bromelain can be used to improve gut health and to treat gastrointestinal diseases. The product is a natural blood thinner and can be used in the treatment of cardiovascular disease. An effective natural de-wormer and anti-biotic with potent anti-viral properties, bromelain provides effective immune support.
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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I-G3N is a lithium battery manufacturer – leading in the South African market. I-G3N is an innovative company that focuses on clean energy solutions. It provides high-quality energy storage units, which can be used in homes, offices, and electric cars. It also strives to provide affordable, sustainable, and renewable energy solutions to African homes and businesses. I-G3N is a dynamic group of individuals that are dedicated to developing clean-energy solutions for South Africa, Africa, and the world.
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INSiAVA is a spinout from the University of Pretoria that specializes in the design and development of the world's most advanced integrated circuits for digital passive infrared smart sensors
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!