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TIA is a national public entity that serves as the key institutional intervention to bridge the innovation chasm between research and development from higher education institutions, science councils, public entities, and private sector, and commercialisation.
TIA’s focus is on technology development; from proof of concept to pre commercialisation. To achieve this, TIA established the following funds: the Seed Fund, the Technology Development Fund, and the Commercialisation Support Fund.
In order to deal with the effective implementation of these funds, TIA implemented pre- and post-investment processes to improve client management, turnaround times and post-approval support to existing and new technology projects within the TIA portfolio.
To be a leading technology innovation agency that stimulates and supports technological innovation to improve the quality of life for all South Africans.
To facilitate the translation of South Africa’s knowledge resource into sustainable socio-economic opportunities.
Together we can do more. Fostering teamwork creates a TIA work culture that values collaboration and co-operation.
At TIA we apply the most appropriate skills, competencies, experience & knowledge of best practices cohesively in conducting our work.
TIA will be accountable to all stakeholders to deliver exceptionally high standards of work and performance.
At TIA everyone strives to do what they said they would when they said they would do it. “We keep our word”.
Engage in inclusive open communication, and hold each other accountable for our performance and conduct.
At TIA we foster a culture where we continually nurture and implement new ideas from our staff and stakeholders that enhance how we do things and deliver services.
The mandate of TIA is derived from the provisions of the Technology Innovation Act (Act 26 of 2008), which establishes TIA to promote the development and exploitation, in the public interest, of discoveries, inventions, innovations and improvements.
The object of TIA is to support the State in stimulating and intensifying technological innovation in order to improve economic growth and the quality of life of all South Africans by developing and exploiting technological innovations.