Document Actions
Provision of investment policy management framework and related services for TIA
TIA invites service providers to submit their proposals for the outlined investment policy and related services. Bidders are advised to indicate the hourly rates of all people who will work on these services.
The Technology Innovation Agency (TIA) is a schedule 3A public entity of the Department of Science and Technology, in terms of the Public Finance Management Act, 1999, established in terms of the Technology Innovation Agency Act, 2008.
At the outset, the enactment of the TIA involves the integration of the following entities, which operate under the Department of Science and Technology:
- LifeLab (www.lifelab.co.za)
- Cape Biotech (www.capebiotech.co.za)
- PlantBio (www.plantbio.org.za)
- Innovation Fund (www.innovationfund.ac.za)
- AMTS (www.amts.co.za)
- Tshumisano Trust (www.tshumisano.co.za)
- BioPad (www.biopad.org.za)
The migration of the above into TIA would require the development of an optimal financial product suite and operating model.
This is a critical component of the integration plan for TIA and will enable it to achieve its mandate of stimulating and intensifying technological innovation.
These seven entities have been functioning individually for a number of years and a concerted effort is required to rationalise and integrate the various product offerings in order to ensure that the combined entity maximises the learnings across the group. Read more...
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