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Venture Capital & Funding Seminar 25 April

SPII (Support Programme for Industrial Innovation) is designed to promote technology development in industry in South Africa through the provision of financial assistance for the development of innovative products and/or processes

  • The IDC & SPII will be invited to present their venture capital funding schemes aimed at ICT companies
  • CITI will partner with CSSA, BITF, and the Chamber of Commerce to included their member companies that are in the ICT industry

Funding will focus on:
  • Seed capital-R&D, proof of concept, product development, market research and business plan development
Qualifying criteria for companies:
  • Development should represent significant advance in technology
  • Development and subsequent production must take place within South Africa
  • IP to reside in South African registered company
  • Available to all South African registered enterprises
  • Government funded institutions (e.g. CSIR) do not directly qualify for support
  • No simultaneous applications from the same company
The areas of the IT sector that the IDC is dedicated to include:
  • Information technology, mainly software development
  • E-commerce
  • Telecommunications (mobile, fixed-line, satellite, virtual networks)
  • Electronics
  • New ICT technologies
  • Specialist engineering projects
  • New technologies in Financial Services
  • Mining technology
  • Other technologies, e.g. chemistry, biotechnology
What Seminar
When 2008-04-25
from 09:00 am to 02:30 pm
Where Bandwith Barn, 125 Buitengracht Street, 5th Floor
Contact Name Amanda Chetty
Contact Email amanda@citi.org.za
Contact Phone 021 409 7000
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