Innovation, Research and Development is funded through various cash and tax incentives, with industrial innovation being more attractive to funders (e.g. innovative product development which is patentable).
Most innovation projects are financed post a proof of concept.
||Innovators who have a proof of concept and can clearly identify the buyer of the solution, with the desire to keep the I.P. in South Africa
|Innovation must be:
- Commercially viable
- Ability to be protected (patents, etc.)