CommercialisationThe Commercialisation Unit is structured and positioned as a cross-cutting service delivery unit with the objective of ensuring that the various sector portfolios contribute towards achievement of TIA Strategic Objectives, particularly the development of new technology based services and products as well as establishment of viable technology based enterprises. The Commercialisation Unit will provide dedicated opportunity evaluation and due diligence services to TIA sector portfolios as well as structured business support and advisory services., including technology nurseries. Objectives...Read more >>
Strategic PartnershipsStrategic Partnerships is a new functional unit within the Technology Innovation Agency tasked with stakeholder management and establishing strategic relationships that would link-up the Agency with local and international partners to increase its capacity to execute its mandate. It derives its mandate from the TIA’s vision to become a,“world class innovation agency that supports and enables technological innovation to achieve socio-economic benefits for South Africa through leveraging strategic partnerships”.The establishment of a dedicated Unit in the TIA highlights th...Read more >>
Technology StationsThe Technology Stations support industry in diversified sectors, ranging from Agro-Processing, Chemicals, Clothing & Textile, Automotive industry and Tooling Sector. These centers are world class service providers of Engineering services to Technology based SME’s, which are provided by technical experts from various universities and industry, with the requisite skills and expertise. Within the Technology Stations is high-Tech equipments forming part of infrastructure. To search for existing Technology infrastructure and expertise in various sectors at the Technology Stationclick here...Read more >>
Business Unit Objectives
- To provide comprehensive opportunity evaluation, due diligence capability and initial financial modelling to ensure that TIA selects the most deserving ideas and technologies in order for TIA to meet its mandate;
- To provide resources to assist technology commercialisation, with the aim of reducing the risks associated with establishing viable technology based businesses;
- To develop and retain appropriate human capacity in conjunction with HCD and HR.
Business Unit ActivitiesPre-Investment activities Conduct due diligence exercises Participate in Investment Assessment Committees (IACs) Provide input in project definition workshops (PDWs) Sourcing industry and technology experts for due diligence exercises and review of investment applications Post- Investment activities Review commercialization strategies Participate in project site visits Form part of Investment teams Sourcing technical and commercial experts for investment reviews...Read more >>
Business Support & Advisory Services (BSAS)BSAS is a unit within TIA established to support TIA’s investments (whether in project or start-up business mode), as well as internal TIA clients. The purpose of BSAS is: To coordinate and facilitate business support for TIA’s investments, with the aim of increasing the rate and probability of commercialisation of new products, processes & services, increasing the investment’s chance of business success, and reducing TIA’s investment risk. To provide advisory services to internal clients in order to support decision-making around investments...Read more >>
The Objective of the Special Projects Portfolio is to give optimal resources to targeted investment opportunities that can deliver upon the objectives of TIA, and in so doing demonstrate to stakeholders the ability of the TIA to deliver on innovation. The outcome of these opportunities must be new products/services launched onto the market that are delivering immediate and recognisable socio-economic impact, and in particular delivering into RSA’s national imperatives.