The Innovation Hub
- Collaborates across sectors
- Support for startups
- Resources, mentorship and networks
[Accessed July 27, 2023]
About The Innovation Hub
The Innovation Hub, located in the Gauteng Province, is a prominent innovation agency that operates as a wholly owned subsidiary of the Gauteng Growth and Development Agency.
It was established by the Gauteng Provincial Government under the Department of Economic Development with the primary objective of stimulating economic growth and improving competitiveness in the region through the facilitation of innovation and entrepreneurial activities.
From concept to market: The Innovation Hub's incubation programs powering industry growth
The Innovation Hub provides a range of incubation programs in critical industries including Bioeconomy (agro-processing and pharmaceuticals), Smart Industries, and Green Economy. These programs are complemented by enterprise development, skills development, and innovation-enabling initiatives that span across the Gauteng region.
Driven by a vision to become an exemplary science park and the preferred innovation agency for fostering economic development and enhancing competitiveness in Gauteng, the Innovation Hub adheres to a set of core values. These values encompass integrity, transparency, empowerment, creativity, excellence, goal-oriented mindset, and professionalism.
The collaboration powerhouse of the Innovation Hub
Backed by a network of shareholders, a committed board of directors, and a forward-thinking executive team, the Innovation Hub collaborates with industry, government, civil society, academic institutions, and research organizations to identify and support pertinent research and development (R&D) projects and innovation initiatives that align with local economic and social challenges. Special emphasis is placed on projects that address government priorities and contribute to enhanced service delivery.
Entrepreneurs, innovators, and stakeholders seeking to advance the economy of Gauteng can avail themselves of the Innovation Hub's business incubators, innovation programs, skills development initiatives, and hub companies. Additionally, the hub offers conference venue facilities and office spaces, providing opportunities for networking and collaboration.
To remain up-to-date with the latest news and insights from the Innovation Hub, individuals are encouraged to subscribe to the hub's newsletter. By visiting the hub's website or reaching out through the provided contact details, interested parties can access further information and embark on a journey towards innovation and entrepreneurial success in partnership with the Innovation Hub.
The Innovation Hub Services
The Innovation Hub, as a leading innovation agency in the Gauteng Province, recognises the vital role that financial support plays in nurturing and accelerating the growth of innovative startups and entrepreneurs.
To this end, they offer various business grants as part of their programs to provide crucial funding and resources to eligible participants. While specific details on the availability of business grants may vary over time, the Innovation Hub has historically offered grants through its different incubation programs. These grants are designed to assist entrepreneurs and startups in key sectors, including the Bioeconomy, Smart Industries, and Green Economy.
Innovation Hub's BioPark grants for bio-based solutions
Within the Bioeconomy sector, which encompasses areas such as agro-processing and pharmaceuticals, the Innovation Hub has provided grants to eligible participants through its BioPark program. These grants aim to support the development of innovative solutions and technologies in the bio-based industry, fostering sustainable economic growth and job creation.
In the Smart Industries sector, which focuses on ICT and advanced manufacturing, the Innovation Hub has also offered grants as part of its Maxum Business Incubators. These grants enable entrepreneurs to access funding for research and development, product commercialization, and market entry strategies, driving innovation and competitiveness in the sector.
Climate Innovation Centre grants for water purification, waste management, and renewable energy
Additionally, the Innovation Hub recognises the importance of the Green Economy and has provided grants to startups and entrepreneurs working in areas such as water purification, waste management, and renewable energy. These grants are typically available through initiatives like the Climate Innovation Centre South Africa, supporting environmentally sustainable solutions and contributing to the green transition.
It's important to note that the availability and specific details of business grants may vary depending on the current programs and funding cycles. Entrepreneurs interested in accessing grants from the Innovation Hub should regularly visit their website or get in touch with their team to stay updated on the latest opportunities and eligibility criteria.
By offering business grants through their incubation programs, the Innovation Hub aims to empower entrepreneurs, fuel innovation, and accelerate the growth of startups in Gauteng. These grants provide not only financial support but also access to valuable resources, mentorship, and networks, fostering an environment conducive to entrepreneurial success.
The Innovation Hub – Business Grant
- Loan Type Business Grants
Benefits of The Innovation Hub
- Provides enterprise development, skills development, and innovation-enabling initiatives.
- Collaborates with industry, government, civil society, academic institutions, and research organisations.
- Focus on projects addressing government priorities and enhancing service delivery.
- Offers conference venue facilities and office spaces for networking and collaboration.
- Access to business grants and funding opportunities.
- Grants available in sectors like Bioeconomy, Smart Industries, and Green Economy.
- Support for startups and entrepreneurs with innovative ideas.
- Opportunities for financial support, research and development, product commercialisation, and market entry.
- Assistance in fostering sustainable economic growth and job creation.
- Access to mentorship, resources, and networks.
- A chance to contribute to economic development and competitiveness in Gauteng.
- Streamlined application process for grants.
- Regular updates and information available on the Innovation Hub's website.
- Encouragement of innovation and entrepreneurial success in partnership with the Innovation Hub.
Eligibility and application process for grants from the Innovation Hub
The Innovation Hub is dedicated to fostering innovation and supporting the growth of startups and entrepreneurs in various sectors.
One way it accomplishes this is through its grant programs, which provide funding opportunities for eligible participants. If you have an innovative business idea or a project aligned with the Innovation Hub's focus areas, understanding the eligibility criteria and application process is crucial.
Funding opportunities to drive economic development and competitiveness
Eligibility criteria for the grants vary depending on the specific program and sector. The Innovation Hub offers grants in sectors such as Bioeconomy, Smart Industries, and Green Economy, among others. Each program has its own set of requirements, and it's important to carefully review the specific eligibility criteria before applying.
Typically, the grants are open to startups, entrepreneurs, and small businesses that demonstrate a strong potential for growth and innovation. Applicants are often expected to have a clear business plan, a well-defined project or product idea, and a solid understanding of the target market and competition. Additionally, applicants are assessed based on their ability to contribute to the economic development and competitiveness of Gauteng.
Choose the programme that suits your business and make your application
To apply for a grant from the Innovation Hub, the first step is to identify the program that aligns with your business or project. Visit the Innovation Hub's official website and navigate to the relevant grant program section. There, you will find detailed information about the program, including eligibility criteria, application deadlines, and required documents.
Once you have determined your eligibility and gathered the necessary information, you can proceed with the application process. This typically involves filling out an online application form, providing essential details about your business or project, and submitting supporting documents such as a business plan, financial projections, and proof of registration.
Taking the high competition into account
It's important to note that the competition for these grants is often high, as many entrepreneurs aspire to receive support from the Innovation Hub. Therefore, presenting a compelling and well-prepared application is crucial. Take the time to review and refine your application, seeking feedback from mentors or business advisors if possible, to increase its chances of success.
The Innovation Hub offers grants to eligible participants in various sectors. By understanding the eligibility criteria and carefully following the application process, entrepreneurs and startups can increase their chances of receiving funding and support from the Innovation Hub to turn their innovative ideas into successful ventures.
The Innovation Hub Contact
Physical Address
- The Innovation Centre Mark Shuttleworth Street Pretoria Gauteng 0087 South Africa
- Get Directions
Postal Address
- P.O. Box 1, Tshwane, 0087
Opening Hours
- Monday 08:00 – 17:00
- Tuesday 08:00 – 17:00
- Wednesday 08:00 – 17:00
- Thursday 08:00 – 17:00
- Friday 08:00 – 17:00
- Saturday – Closed
- Sunday – Closed