CITI Newsletter: October 2008
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Venture Capital & Funding Seminar 19 Sept
| What | Seminar |
|---|---|
| When |
2008-09-19 from 09:00 am to 01:00 pm |
| Where | 125 Buitengracht Street, BWB Events Room |
| Contact Name | Amanda Chetty |
| Contact Email | amanda@citi.org.za |
| Contact Phone | (021) 409 7000 |
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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. SPII will be invited to present their venture capital funding schemes aimed at ICT companies.
Programme:
Funding will focus on:
| 08:50 - 09:00 | Registration |
| 09:00 - 09:05 | Welcoming Address: CITI |
| 09:10 - 10:00 | SPII Presentation: Farouk Mangera |
| 10:00 - 10:30 | Q&A: Farouk Mangera |
| 10:30 - 12:00 | 15 minute interview slots per company |
Funding will focus on:
- Seed capital-R&D, proof of concept, product development, market research and business plan development
- 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
- 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
Interntional Engineering and Technology Fair (IETF) 2009, India