THE Technology Innovation Agency (TIA), which was launched on Friday with R410m in funding, is looking for new inventions in science and technology with the potential of being commercialised.
The agency was formed from a merger of seven organisations that were being funded by the Department of Science and Technology.
Its mandate is to stimulate technological innovation in order to improve economic growth.
Newly appointed CEO Simphiwe Duma said that for the ideas to be funded, there should be an opportunity for those products to be sold to the market.
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Author: THABISO MOCHIKO