Innovation projects get funding

2017-06-08 06:01
Fund recipients (from left) Musa Mkhize (Insull Energy), Nicky Worthmann (Beedale), Fatima Sarigat (centre manager, Smart Xchange Port Shepstone) and Eljerel Naidoo (Innovate Logistics).PHOTO: supplied

Fund recipients (from left) Musa Mkhize (Insull Energy), Nicky Worthmann (Beedale), Fatima Sarigat (centre manager, Smart Xchange Port Shepstone) and Eljerel Naidoo (Innovate Logistics).PHOTO: supplied

Multimedia   ·   User Galleries   ·   News in Pictures Send us your pictures  ·  Send us your stories

SMART Xchange Business Incubator hosted a stakeholder breakfast forum in Durban recently.

The highlight of the event was when head of Technology Innovation Agency (TIA): Agriculture, Sibusiso Manana, presented the innovation seed fund recipients with cheques of R500 000 each for the research and development of their pilot innovation projects. Three of the six companies awarded were from the Port Shepstone Smart Xchange Incubator.

The Port Shepstone recipients were Nicky Worthmann for the Smart Bee Hive project, Musa Mkhize and Dr Khan for the EZhealthID project and Eljerel Naidoo for the Innovate Logistics project. The other recipients were Thabiso Tlaila and Jay Pancham for the Telemedicine Clinical Workstation for the rural health facilities project, Scelo Nciki for the Pocket P.A Project and Sandile Khanyile for the Taxi-Q App project.

Fatima Sarigat who is the centre manager for the Port Shepstone branch said these innovations will positively impact on the local economy.

In his presentation, Manana highlighted how information and communication technologies make lives simpler and easier to live and how they positively influence South Africa in becoming a highly competitive country with solid businesses.

“South Africa has to embrace digitisation and innovation to remain competitive and progressive as we find ourselves itself in The Fourth Industrial Revolution. The technology funded through the partnership of TIA and Smartxchange contributes towards innovations and apps that will have a huge impact on the economic and social landscape in South Africa. The innovations are also intended as a catalyst for the digitisation of our economy as we strive to develop and remain abreast of progress internationally,” said Manana.

Smart Xchange has received numerous awards at provincial and national level and is recognised as an organization that is fully committed to the development of SMMEs.

The Seed Fund is part of the basket of offerings that include mentorship, support, development and upskilling of SMMEs.

The organisation expanded its operations with the launch of a satellite branch in Port Shepstone last year and continues on its mission of supporting entrepreneurship, innovation and growth in small businesses.

- Supplied.

Join the conversation!

24.com encourages commentary submitted via MyNews24. Contributions of 200 words or more will be considered for publication.

We reserve editorial discretion to decide what will be published.
Read our comments policy for guidelines on contributions.
NEXT ON NEWS24X

Inside News24

 
ADVERTORIAL
Competition regulation for a growing and inclusive economy

ADVERTORIAL: The Competition Commission of South Africa is conducting advocacy work in the South African automotive aftermarket industry and has gazetted a Draft Code of Conduct for public comment.

/Africa
Traffic Alerts
There are new stories on the homepage. Click here to see them.
 
English
Afrikaans
isiZulu

Hello 

Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.


Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Settings

Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.




Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.