Intrepreneurial innovation drives new business creation and corporate innovation strengthens existing business. South Africa has identified innovation as crucial for job creation and to enhance its global competitiveness.
A number of government grants and incentives have been established to encourage innovation through research and development.
- The support program for industrial innovation (SPII) managed by the Industrial Development Corporation
- A tax deduction allowance as stipulated by Section 11D of the Income Tax Act
- The Technology and Human Resources for Industry Programme (THRIP), managed by the DTI and the National Research Foundation; as well as
- The funding programmes under the Technology Innovation Agency (TIA)
This seminar will provide an overview of the grants and incentives applicable to automation and control. There will be an overview of recent successful applications, and the event will also provide the audience with a platform to assess the likelihood of their intended projects
More information on this event
DATE Wednesday, 30th October 2019
TIME 16:00 – 18:00
RSVP by 22 October 2019
FREE OF CHARGE
HOW TO REGISTER
WHO SHOULD ATTEND
While recognising the importance of innovation for staying competitive, corporate expenditure on research is often limited. Leveraging innovation funding has great potential to enhance corporate innovation.
All SACAC members unaccustomed with any of the above mentioned incentives are encouraged to attend.
ENQUIRIES & INFORMATION
Building 1 (Golder Building)
Maxwell Office Park