The Western Cape’s Department of Economic Development and Tourism (DEDAT) has opened applications for its Business Technology & Innovation Support Fund, which aims to tackle the challenge of low productivity in Western Cape firms and beat international standards through the adoption of technology and of promotion of digital transformation.
The Western Cape Government’s Growth for Jobs Strategy seeks to affirm the province as the tech, financial, innovation and design capital of Africa, through robust business, government, and community innovation.
“The competitiveness of the Western Cape in a future, digitally transformed world will depend on the ability of the technology and innovation sector to contribute more significantly to the digital transformation of enterprises and to create jobs and economic value through the establishment and development of digital businesses – from startups to scale-ups to corporates,” a statement read.
“The approach to drive up productivity improvements through technology adoption in Western Cape firms, along with the complementary business/management support across the province is multifaceted.”
DEDATs’ Business Technology & Innovation Programme for Productivity Boost has established a fund that will support initiatives under two categories – individual businesses, and intermediaries who offer business support programmes. Applications are open here.
