DSI and TIA are have launched a Technology Acquisition and Deployment Fund (TADF) pilot programme. The aim of the TADF is to facilitate the commercialization of locally developed technologies, promoting their uptake by government and its entities i.e public sector, to improve their operations, enhance service delivery and address pressing socio-economic challenges. Through the Fund, South African entrepreneurs, SMMEs and/or Start-Ups will have the opportunity to access much-needed capital for market testing, demonstration and validation in real market and operational settings, thereby enabling exploitation and market uptake of locally developed innovative products and technology solutions.
The objective of the TADF Mode 1 is to take locally developed technologies to the user client (Public sector) and provide market entry support to innovators (Start-ups, Spin-outs and SMMEs) by providing funds as the first purchaser for market entry samples for a customer’s first use and that can lead to the innovation SMME / Entrepreneur securing an offtake agreement. The respondent to this TADF Mode 1 call is the applicant to the TADF fund ( innovator / Innovation SMME).