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TECHNOLOGY INNOVATION AGENCY. THE EVOLUTION OF THE TECHNOLOGY INNOVATION AGENCY (TIA)

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Presentation on theme: "TECHNOLOGY INNOVATION AGENCY. THE EVOLUTION OF THE TECHNOLOGY INNOVATION AGENCY (TIA)"— Presentation transcript:

1 TECHNOLOGY INNOVATION AGENCY

2 THE EVOLUTION OF THE TECHNOLOGY INNOVATION AGENCY (TIA)

3 S. Duma3 Innovation Policy Drivers and Milestones S&T White Paper 1996200020022004200720082009/10 Foundation for Technological Innovation (FTI) NSI Challenges: Existence of innovation “Chasm” Fragmentation of instruments Narrow definition of Innovation The “Knowledge Economy”: Knowledge = basic form of capital Economic growth driven by innovation TIA Board 07/2009 & CEO 01/09/2010 Technology Foresight Studies R&D Strategy Creation of DST OECD Review 10 Year Innovation Plan TIA Act 2008

4 S. Duma4 Technology Innovation Agency Act, 2008 “To provide for the promotion of the development and exploitation, in the public interest, of discoveries, inventions, innovations and improvements….” 4

5 S. Duma5 Entities Merged into TIA

6 THE INNOVATION CHALLENGES FACED BY THE SOUTH AFRICAN SOCIETY

7 S. Duma7 The Innovation Chasm… TIA’s Strategic Challenge Source 1- http://comps.fotosearch.com/comp/FSA/FSA479/school-books Source 2- http://images.veer.com/IMG/PIMG/MPP/1664420_P.jpg Copyright Reserved - Doug Sanyahumbi 2011

8 S. Duma8 Basic ResearchApplied ResearchTech Development Commercialisation IP Value Pre-Seed Lowered Risk/ More certain Return Lowered Risk/ More certain Return High Risk/ Uncertain Return High Risk/ Uncertain Return Partnerships (e.g. IDC, NEF, SEDA) Partnerships (e.g. IDC, NEF, SEDA) Partnerships (e.g. NRF) Partnerships (e.g. NRF) Focus of TIA financial and non-financial offerings: Across the innovation chasm, operating with the required flexibility along the innovation value chain through mobilising and leveraging national, regional and international partnerships TIA’s Positioning Along The Innovation Value Chain Seed & Start-up Capital Development Capital Growth Capital TIA Support

9 TIA MANDATE

10 S. Duma10 Mandate To support the State in stimulating and intensifying technological innovation in order to improve economic growth and the quality of life of all South Africans by [supporting*] the development and exploitation of technological innovations” Vision A world class innovation agency that supports and enables technological innovation to achieve socio- economic benefits for South Africa Mission To enhance South Africa’s global competitiveness and deliver socio-economic value by supporting technological innovation across sectors of the economy

11 S. Duma11 Providing Funding for Technology Innovation Developing Human Capacity for Innovation Promoting a Culture of Technological Innovation Promoting local & International Partnerships Strategic Pillars MANDATE ----- VISION ----- MISSION

12 FINANCIAL & NON-FINANCIAL OFFERINGS

13 S. Duma13 Funding Instruments HEIs / Science Councils/ NPC Large Companies Fledgling Companies Entrepreneurs SMEs DevelopmentCommercialization Idea Develop- ment Fund Industry Matching Fund Startup/Equity Fund Technology Development Fund TIA FUNDS – FINANCIAL PRODUCTS

14 S. Duma14 Business Support & Advisory Services Coordinate and facilitate the provision of business support services to TIA’s investments with the aim of: increasing the chance of new products/processes/services increasing the investees’ chance of business success reducing investment risk for TIA Services will be offered primarily through external service providers that are able to provide context-specific inputs into technology innovation/commercialisation.

15 S. Duma15 Human Capital Development OFFERINGS BUSINESS DEVELOPMENT PROGRAMSINSTITUTIONAL DEVELOPMENT PROGRAMS INNOVATION AWARENESS PROGRAMS Patent Attorney Development Program Post Doc ProgramNational Innovation Competition (directed at students) Commercialisation Manager Development Program BursariesMost Innovative HEI (directed at institutions) Investment Project ManagementInternshipsFET Innovation Competition (Directed at both the Institution and students) IP Analyst Development ProgramProject Definition WorkshopInnovation Awareness through a travelling exhibition Business Development AnalystSpecial Projects Sector Analyst DevelopmentDirectorship Development Sector Manager DevelopmentTrends and market intelligence gathering

16 TECHNOLOGY DEVELOPMENT INFRASTRUCTURE

17 S. Duma17 Technology Stations

18 S. Duma18 Agro-Chemical Cluster: SMEs in the Chemicals & Agro-Processing Sectors 2 x Technology Station in Chemicals Downstream Chemicals Technology Station 2 x Agri-Food Technology Station Primary Manufacturing: SMEs in the Electronics & Metallurgy industry Metal Casting Technology Station Technology Station in Electronics Technology Station in Materials and Processing Technology Secondary Manufacturing: SMEs in the Clothing and Textile & Automotive industry Automotive Components Technology Station Technology Station in Clothing and Textile Technology Station in Reinforced and Moulded Plastics Product Development Technology Station Tooling Cluster: SMEs in the Tooling and Automotive Sectors Institute for Advanced Tooling Technology Stations

19 S. Duma19 Some of the Technology Platforms within TIA Portfolio

20 THE INVESTMENT PORTFOLIO AND TRAJECTORY

21 S. Duma21 DISTRIBUTION BY PROVINCE

22 S. Duma22 Some Interesting projects within TIA Portfolio The Tenofovir Gel for prevention of STDs - CAPRISA The Adept Engine for planes that uses Biofuels The Metagenomics Platform for Acid Mine Drainage Artificial insemination and Embryo Transfer of the Nguni Cattle The Joule – Electric Car Thin Film Solar Panels Biofuel from algae biomass

23 S. Duma23 Some projects currently being explored in EC Roadshow to rural high schools ICT solutions tailor-made for rural communities Nguni cattle embryo transfer Bast fibre industry High value products from crops such as sugar beets and chicory

24 S. Duma24 TIA invests in opportunities where: there exists creative new technology based ideas for either new or improved products, processes or services or there are existing technology based ideas for new or improved products, processes or services that can be further improved, developed and exploited by South Africans or in collaboration with foreigners where a win-win partnership can be forged or there is opportunity for the development of infrastructure and capacity in order to reduce the barriers to technological innovation in South Africa and the stage of development of the idea is beyond basic research and before production expansion and where there are insufficient other resources available to progress the opportunity

25 S. Duma25 Investment Criteria Summary Alignment with TIA mandate and sector strategic objectives Alignment with national imperatives and the potential for high socio-economic impact The attractiveness of the relevant market and industry The technical and commercial viability of the opportunity The strength of the team - technical and business expertise and experience Availability of committed industry partner(s) for commercialisation where relevant Availability of direct co-investment, where appropriate Prior investment, partnership and leverage of other resources. Promotion of BBBEE, in line with TIA policy Level of investment risk and expected outcomes (incl financial return) relative to existing TIA portfolio Availability of funds

26 S. Duma26 TIA Sectors AgroHealthIndustrial Biotech Advanced Manufacturing EnergyICTMining Biotechnology SectorsIndustrial Sectors

27 S. Duma27 TIA Operational Model  Finance  Corporate Affairs orporate Strategy and Communication  Human Resources  Legal Services  Enterprise Risk, IT and Knowledge Management  Board Secretariat  Strategic Partnerships  Marketing and Business Development  Investment Performance Monitoring and Evaluation  Biotech Sectors  Industrial Sectors  Fund Management  Technology Infrastructure Management  Commercialisation  Investment Project Management SUPPORT FUNCTIONS CORE FUNCTIONS/BUSINESS

28 S. Duma28 THANK YOU zoleka.ngcete@tia.org.za


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