Share

SciTech dept relaunches successful rural innovation incubator

Johannesburg - The Department of Science and Technology (DST) has reinstated its Grassroots Innovation programme which hopes to unearth the country’s next biggest inventors. 

The programme which is run in collaboration with the Council for Scientific and Industrial Research (CSIR) and Technology Localisation Implementation Unit (TLIU) was relaunch after a successful run in 2017 and recent funding boost from government toward innovation. 

The programme which seeks to offer rural innovators a platform to scale their inventions and incubate them, through government assistance, into formal businesses, is also being relaunched amid President Cyril Ramaphosa’s commitment to the growth of small business. 

During his State of the Nation Address debate last month, Ramaphosa said that government was working to create a conducive environment for investment in efficient networks that enable the reduction of costs, enhance competition and remove barriers to entry by small businesses.

During the medium term budget in October the department saw a R24.8bn investment for producing new knowledge, developing human capital, as well as research and innovation.

A fund of R1bn was allocated in 2019/20, to provide wholesale funding to private and public sector incubators for entrepreneurs at a concept stage.

In his speech former Finance Minister Malusi Gigaba said this fund would see involvement from Treasury, the science and technology department and the department of small business.

In 2017, Fin24 profile three of the programmes innovators who had seen funding from government. 

Sandiswa Qayi from the Eastern Cape created the geyser energy reduction sleeve with other innovators incubated by the programme including Nkosana Madi from Springs in Gauteng, who developed a hybrid motorised bicycle, and Phumlani Ntloko from Pretoria, who created a Computer Numeric Machine used to test motherboard prototypes and 3D printing at a fraction of the cost.

* Sign up to Fin24's top news in your inbox: SUBSCRIBE TO FIN24 NEWSLETTER

We live in a world where facts and fiction get blurred
Who we choose to trust can have a profound impact on our lives. Join thousands of devoted South Africans who look to News24 to bring them news they can trust every day. As we celebrate 25 years, become a News24 subscriber as we strive to keep you informed, inspired and empowered.
Join News24 today
heading
description
username
Show Comments ()
Rand - Dollar
19.08
+0.4%
Rand - Pound
23.63
+0.8%
Rand - Euro
20.34
+0.3%
Rand - Aus dollar
12.26
+0.3%
Rand - Yen
0.12
+0.4%
Platinum
943.50
-0.7%
Palladium
1,025.00
-0.4%
Gold
2,399.61
+0.9%
Silver
28.74
+1.8%
Brent-ruolie
87.11
-0.2%
Top 40
67,314
+0.2%
All Share
73,364
+0.1%
Resource 10
63,285
-0.0%
Industrial 25
98,701
+0.3%
Financial 15
15,499
+0.1%
All JSE data delayed by at least 15 minutes Iress logo
Company Snapshot
Editorial feedback and complaints

Contact the public editor with feedback for our journalists, complaints, queries or suggestions about articles on News24.

LEARN MORE
Government tenders

Find public sector tender opportunities in South Africa here.

Government tenders
This portal provides access to information on all tenders made by all public sector organisations in all spheres of government.
Browse tenders