The Innovation Hub, the innovation agency of the Gauteng Province is a wholly owned subsidiary of the Gauteng Growth and Development Agency. It was established by the Gauteng Provincial Government through its Department of Economic Development to promote economic development and competitiveness of Gauteng through fostering innovation and entrepreneurship.
The Innovation Hub offers a number of incubation programmes in the Bioeconomy (agro processing and pharmaceutical), Smart Industries (ICT and advanced manufacturing) and Green Economy (Water purification, waste management and renewable energy). In addition, The Innovation Hub operates a range of enterprise development, skills development and innovation enabling programmes both in the science park and throughout the Gauteng region
HUB COMPANIES
A community of innovators, entrepreneurs, researchers and industry leaders located on our premises are contributing to the economic growth and global competitiveness of South Africa. Their companies operate in Smart Industries (ICT & Advanced Manufacturing), Green Economy and Biosciences.
PROGRAMMES
A core business of TIHMC is to foster and accelerate the growth of technology start-up companies to become sustainable businesses contributing to the Gauteng economy. TIH’s enterprise development initiatives focus on reducing the distance and time to market to ensure establishment of sustainable and high growth start-ups that support the competitiveness of and modernisation of the Gauteng economy and creation of decent jobs.
Based on the solid foundation established to date, TIHMC proactively supports entrepreneurs with innovations that address the social and environmental challenges faced by Gauteng as well as those that enhance competitiveness of local industries. Working collaboratively with industry, government, civil society, academic and research institutions, emphasis is placed on identifying and supporting relevant and near-market R&D and innovation projects targeted at local economic and social challenges and service delivery in line with government priorities.
TIHMC provides enabling support platforms for enterprise development through instruments such as Maxum (including Maxum Smart, Maxum Digital, Maxum Media Accelerator), Climate Innovation Centre (CIC), BioPark, eKasiLabs and Mlab.