The trade industry encourages the development of new ideas and the subsequent registration of the inventions. Since the commercialisation of patents also increases employment and knowledge sharing, whilst the researchers and innovators receive compensation for their inventions, government and the trade industry provide several instruments for support and the location of information.
A few of the support and information institutions are discussed below. Approach the relevant bodies or make use of the available resources to help you in the process of developing and commercialising your inventions.
Big Idea
The Brain child of the Innovation Fund and the HBD provides a wide range of resources to aid in the development of entrepreneurial skills and innovation. It is a conference based tool which also provides useful links for investment capital.
BRAIN
One of the venture capital links on the Big Idea website is BRAIN which provides information regarding business plans, grants, angel funding, and government programmes.
Department of Science and Technology
Known in short as DST the department facilitates invention development through a variety of programmes, support, information resources, and valuable links. Some of the funding instruments available in the trade industry are the Support Programme for Industrial Innovation known as SPII, and the Innovation Fund. Several government departments in conjunction with the European Community support the Seda Technology programme which is an incubator project for aspiring inventors and entrepreneurs.
Legal assistance
In the legal trade industry, Smit & Van Wyk Intellectual Property Attorneys provide l advice and assistance to inventors for the registration of patents.
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