Design Innovation Seed Fund open for applications from Western Cape innovators
by ventureburn 2020-03-23
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source: ventureburn

The Craft and Design Institute (CDI) has opened its latest call for applications for its Design Innovation Seed Fund (DISF).

Designers, inventors, entrepreneurs and product developers who are based in the Western Cape and have pre-revenue innovations can apply for grant funding of up to R800 000.

Applications close at 5pm on 17 April.

The seed fund is managed by the CDI’s CDI Capital, with investment funds provided by the Technology Innovation Agency (TIA).

The seed fund is aimed at designers, inventors, entrepreneurs and product developers who have pre-revenue innovative technologies and tech-enabled ideas and products.

The CDI said applications that support innovative products and services are welcome from a wide range of sectors. These include agri-processing, biotech and health, construction, advanced manufacturing technology, ICT (information, communication technology) and software engineering (such as data analytics, machine learning and artificial intelligence).