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TIA Overview (Offerings & Funding Application Process)
TIA Eastern Cape Roadshow August 18, 2016
TIA’s Positioning Along the Innovation Value Chain
Bridging The Innovation Chasm
Valley of Death
• The Technology Innovation Agency was established in terms of the Technology Innovation Agency Act, 2008 (Act No 26 of 2008)
• According to the Act - the overarching objective of TIA is stimulating and
intensifying technological innovation in order to improve economic growth and the quality of life for all South Africans by developing and exploiting technology innovation
TIA’s Mandate
• Key principles of funding philosophy
– Active in innovation mining and spotting – Will nurture innovations and innovators – Funding support primarily through Conditional Grants – Return on investment takes into consideration both social
and economics impacts investments have made / will make.
TIA’s Value Proposition
• TIA’s funding objective is to enable technology development to achieve social and economic returns thus contributing towards broader economic growth.
• TIA’s role within the NSI is to build and nurture a culture of innovation by
making South African institutions and industries innovation leaders rather than consumers of innovation.
TIA’s Objective and Role
Connector
• Catalyse partnerships between SMMEs, industries, universi8es & science councils
Funder
• Provide risk funding and support for innovators to take ideas to market ready technologies
Facilitator
• ABract and facilitate late stage funding to commercialise market ready technologies
Service provider
• Reduce barriers of access to expensive high-‐end skills and equipment
• Innovative technology-based ideas for either new or improved products, processes or services
• Inbound technologies that can be further improved, developed and exploited by the South Africans or in collaboration with international partners (IP to be transferred to RSA partner)
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NB: Further technology development work must be performed in South Africa and in compliance with the Intellectual Property from Publicly Financed Research and Development Act 2008 (Act No. 51 of 2008)
TIA Requirements
§ Strong alignment with the TIA mandate (www.tia.org.za) § Further technology development work must be performed in RSA and
complying with the IPR-Act, 2008 § Stage of technology development is beyond basic research (post-proof
of concept-TRL3), and pre-commercialisation (TRL7) § Sustainable competitive advantage of the business e.g. suitable IP
protection and strategy § Envisaged technology-based product/service/process must have strong
potential for sizeable and rapid market adoption § Feasible business model i.e. all components in place to deliver on the
value proposition to the target customer § Good team composition to execute business model, i.e. relevant
business & technical expertise, industry connectedness………… § Presence of an industry commercialisation partner where relevant § Potential for high socio-economic impact – addresses national
imperatives e.g. job creation
Expected Returns
• Non-financial returns - E.g. Jobs; increased taxes; improved standards of living; improved
health
• Financial returns
- TIA’s primary objective is to de-risk technology development for follow-
on funding in order to have a broader impact in the economy
- Where financial returns are possible, earnings will be reinvested into
funding schemes
- Conditional Grants: 1-8% levy on revenue with a nominal Internal Rate
of Return (IRR) of between 0-20% with claw-back possibility
• Risk-funding Schemes (R500k-R15m) – Seed Fund Programme – Technology Development Fund – Pre-Commercialisation Support Fund
• Innovation Support Programmes (R1m-R10m)
– Innovation Skills Development Programme – Youth Technology Innovation Programme – Technology Innovation Programme – Technology Station Programmes – Technology Platforms Programme
TIA’s Offerings: Innovation Funding and Support Programmes
Risk-funding Schemes
Risk-funding Schemes
NAME OF FUND PURPOSE OF THE FUND TRL
Seed Fund (SFP)
To assist innovators at HEIs, Science Councils and SMMEs to advance their
research outputs and ideas to establish proof of concept, develop prototypes and
validate business cases. This could be used to access further funding. The fund is
managed in partnership with Seed fund Programme Partners.
3-‐7
Technology Development Fund (TDF)
To assist innovators to advance technologies along the innova8on value chain,
from proof of concept to technology demonstration / market readiness. The fund
is designed to make early stage technology development more attrac8ve and less
risky to the market.
4-‐7
CommercialisaEon
Support Fund (CSF)
To prepare innovators for follow-‐on funding through limited support for market
tes8ng and valida8on. In this space, TIA’s role is to connect technology innovators
to onward business and investment opportuni8es and promo8on.
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Innovation Support Programmes
Goals of the Support Programmes
• To provide thought leadership and an enabling environment for technology innovation in collaboration with other role players
– To enable and stimulate a culture of innovation – Facilitate access to key infrastructure and expertise for technology
innovation – Lower the barriers for others to participate in technology innovation – Strengthen and enhance business and innovation skills
TIA’s Non-Financial Support
TIA’s Strategic Technology Areas
ICT: Internet; Broadband Infrastructure; Big Data Analytics and Visualisation
Energy: Renewable Energy (Solar; Bioenergy; Energy Management; Clean Coal Technologies)
Natural Resources: Technologies to improve exploration/exploitation of natural resources (Mining and Minerals; Water Resources;
Environment and Waste Management)
Advanced Manufacturing Technologies: Chemicals; Electronics; Lightweight Materials; Production Technologies;
Technology Infrastructure (Incl. Advanced Materials; E.g. Titanium, Composites, Nanotechnology and Aerospace)
Biotechnology: Health and Agriculture (Medical Devices; Pharmaceuticals; Biologics; IKS; Diagnostics; Complimentary
Medicines; Plant and Animal Health and Nutrition; Post Harvest Tech.; Breeding and Reproductive Tech.)
TIA’s Portfolio Overview
Source: TIA Strategic Plan 2015 - 2020
Sector Specific Historic Investments
R200,2m 13.6%
R611m 41.6% R299,2m
20.4%
R147,2m 10%
R51,2m 3.5%
R160,3m 10.9%
Tech Focus Area - Approved Funding: 2010-2015
Agriculture
Health
Adv Manufacturing
Mining & Minerals
ICT
Energy
Source: TIA Strategic Plan 2015 -‐ 2020
The Application Process
Application Process Technology Development Fund
• Idea • 1st Phase
– Approach TIA with a Statement of Interest – Pre-evaluation to determine fit within TIA
• 2nd Phase – TIA Request a Full Application with supporting documents – Full Assessment (Include a Project Definition Workshop) – Approval – Contracting – Kick-off
Pre-‐Screening
Basic Assessment
Applica8on Building
Full Assessment
Approval
TIA Entry Point ApplicaEon Sourcing
Revise 1
Re-‐submit 1
2 Days (TIA)
1 Weeks (TIA)
1 Weeks (Client)
4 Weeks (Client/TIA)
2 Weeks (TIA)
4 Weeks (Client)
3 Weeks (Client/TIA)
Client T/A Time = 13 Weeks (Closed call + Application building)
Revise 2
Re-‐submit 2
1 Weeks (Client)
TIA T/A Time = 12 Weeks (excl. Application building)
Application Process
ApplicaEon Sourcing
Thank You
General Website: www.tia.org.za
Application URL: http://gms.tia.org.za/funding
Contact: 012 472 2701
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