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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