On Monday, the Department of Innovation and Science and the United Nations Development Programme launched a new fund for techies and entrepreneurs at the university.Minister Blade Nzimande hopes that the fund will grow to up to R1 billion.
Called the “Higher Education Innovation Fund,” it is being established to “provide essential support to innovative minds, enabling them to transition from ideas to sustainable enterprises, with a particular focus on spotlighting small businesses as pivotal job creators in our nation,” according to anThe launch of the small business fund will be presided over by Blade Nzimande, Minister of Higher Education, Science and Innovation, and has been created by the department in collaboration with the...
“The crux of our mission with the Higher Education Innovation Fund is transforming our universities into dynamic hubs for innovations,” added Mr Maxwell Gomera, Resident Representative, UNDP South Africa.