The dtic supporting startups at SA Innovation Summit 2023
The Department of Trade, Industry and Competition (dtic) is attending the 2023 South Africa Innovation Summit (SAIS), held in partnership with the Technology Innovation Agency, in Cape Town, to reach out to stakeholders, dtic director: innovation and technology policy and strategy Nontombi Maseko told Engineering News on Thursday. The department is engaging with relevant people who could give it input on policy, but also access and benefit from the dtic incentive and support programmes.
The dtic has a stand in the exhibition area of the SAIS. Hosted on this stand are ten startup companies. These companies were selected through an Inventor’s Garage programme, run jointly by the dtic and SAIS. It was a rigorous selection process.
“These ten companies on our stand were the top ten startups from that programme,” she explained. “Each of these companies will be making a pitch at SAIS. The three that make the best pitches will each receive a prize in the form of a financial incentive, to invest in their business.”
The dtic assisted those of the startups, based elsewhere in the country, to fund their travel to Cape Town for SAIS.
The startups have already given the department “quite positive” feedback, she reported. They were having interactions with possible clients, possible partnerships (including with other startups), and possible new and additional sources of funding and/or investment.
“It’s exciting just seeing innovators and startups getting a flavour of angel funders, venture capitalists and even co-development opportunities with universities,” enthused Maseko. “Thus, creating the potential for them to grow and to develop.”
The dtic also hosted a panel discussion at SAIS, on Thursday morning. The topic was “Fueling Global Competitiveness in the Digital Age”. The department has been partnering with the SAIS for several years, now, and has used the platform provided by the event to launch new policies and host policy dialogues.
Comments
Research Reports
Projects
Latest News
Showroom
For over 60 years, VEGA has provided industry-leading products for the measurement of level, density, weight and pressure. As the inventor of the...
VISIT SHOWROOM
We supply customers with practical affordable solutions for their testing needs. Our products include benchtop, portable, in-line process control...
VISIT SHOWROOM
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation
