Business Incubation

The Innovation Hub, the innovation agency of the Gauteng Province is a wholly owned subsidiary of the Gauteng Growth and Development Agency (GGDA) and was established by the Gauteng Provincial Government through its Department of Economic Development (GDED) to promote socioeconomic development and competitiveness of Gauteng through innovation. The Innovation Hub offers a number of incubation, skills development and innovation enabling programmes in Smart Industries (ICT and advanced manufacturing), Bioeconomy (health and agro-processing), and Green Economy (Energy, Water, and waste management) in Gauteng.

 

PRIORITY SECTOR BUSINESS INCUBATOR
Green Economy The Climate Innovation Centre (CIC) provides business development support to start-ups in the green economy sector (energy, water and waste) in collaboration with the World Bank’s InfoDev, and the Development Bank of Southern Africa (DBSA).
Bio-economy The BioPark Business Incubator provides business development support to start-ups in the bio-economy sector, including health (biopharmaceuticals, medical devices and diagnostics, indigenous knowledge-based neutraceuticals, cosmeceuticals, cosmetics) and agricultural (agro-/food-processing, bioprocessing, smart agriculture) industries. The support is provided in collaboration with Gauteng Department of Agriculture and Rural Development (GDARD) and eGoliBio Life Sciences Incubator.
Smart Industries Maxum Smart Business Incubator provides business development support to start-ups in the smart industries: ICT (e.g. internet of things, cyber security, big data and analytics, artificial intelligence) and advanced manufacturing / industry 4.0 (e.g. industrial IoT, additive manufacturing, foundry 4.0).
All the priority sectors eKasiLabs provides business development support to start-ups in the TIHMC priority sectors in various townships in Gauteng through collaboration with local government and academic institutions.

CRITERIA FOR PARTICIPATION

Entrepreneurs that are interested in participating in any of TIH business incubators must have a registered businesses with majority South African ownership and the business must be predominantly based in or willing to expand into Gauteng. They must also meet the criteria indicated below and are invited to apply:

 

TECHNOLOGY ENTREPRENEURIAL EDGE
  • Readiness: product/service is developed or at prototype stage (past ideation stage)
  • Innovation: technology is novel and/or addresses an existing market need
  • Intellectual Property (IP): can be protected against likely competing technologies
  • Self-driven, resilient, committed and coachable
MARKET POTENTIAL STRATEGIC IMPACT AND FIT
  • Clearly demonstrate: business case, value proposition and competitive advantage
  • Alignment with TIH priority sectors
  • Addresses socio economic challenges and priority areas (youth and women ownership, job creation, poverty alleviation, economic growth, Township Economic Revitalisation)
SKILL VALUE ADDITION AND IMPACT BY TIH
  • Team has the desired mix of technical and business skills, or willing to partner
  • Start-up needs are aligned to TIH service offerings

SERVICE OFFERING

TIH offers incubated companies access to:

 

ADVISORY & SKILLS DEVELOPMENT MARKETS INFRASTRUCTURE
  • IP management and legal advisory
  • Business and technical advisory and mentorship
  • Business case development
  • Business and technical training
  • Product development
  • Market and industry reports
  • Soft-landing opportunities through introductions to public and private sectors
  • Assistance with market analysis
  • Industry/sector specific networking events
  • Networking opportunities
  • Office space at subsidised rates
  • Manufacturing and laboratory space at subsidised rates
  • Hot-desking space
  • Free high speed internet

 

If you are interested in applying for The Business Incubation at The Innovation Hub, please fill in the below form:

 

Business Incubation Application Form


SELECT BUSINESS INCUBATOR


APPLICANT PROFILE


COMPANY PROFILE (GENERAL INFORMATION)




OWNERSHIP DETAILS


OWNERSHIP STRUCTURE

Name & Surname ID Number %
Ownership
Race Gender
(M/F)
Disability
(Yes/No)
Nationality

TECHNOLOGY INFORMATION

Sector (Indicate relevant option)

e.g. internet of things, cyber security, big data and analytics, and advanced manufacturing / industry 4.0 (e.g. industrial IoT, additive manufacturing, foundry 4.0)

e.g energy, water and waste

e.g health (biopharmaceuticals, medical devices and diagnostics, indigenous knowledge-based neutraceuticals, cosmeceuticals, cosmetics) and agricultural sectors (agro-/foodprocessing, bioprocessing, smart agriculture)








FINANCES

R

MARKET


COMPETITIVE ADVANTAGE






INTELLECTUAL PROPERTY




EXPECTED SUPPORT FROM THE RELEVANT THE INNOVATION HUB BUSINESS INCUBATOR


If you can read this, don't touch the following text fields.