The Innovation Grant Fund is a product under the Boosting Innovation, Growth and Entrepreneurship Ecosystems (BIGEE) Programme which will provide grants to support innovation projects by medium-sized enterprises. The grants will be used to assist in the development and commercialisation of new products, services, processes or new business models.

THE INNOVATION GRANT FUND WILL PROVIDE GRANTS UP TO J$20 MILLION.

The projects that are eligible for financing by the Innovation Grant Fund must be INNOVATIVE! 

The following expenditures can be financed by the Program: 

• Specialized consultancy services: market studies, specialized technical assistance and management consulting;
• Product upgrading, including product packaging and label design, certification in corresponding regulatory agencies, marketing, production of samples for market testing;
• Purchase of key processing inputs;
• Inputs and machinery to improve productivity;
• Training services;
• Equipment purchase and maintenance (laboratory, digital, etc.);
• Intellectual or industrial property protection;
• Prototyping; 
• Knowledge management;
• Development of an Innovative Business Plan;