University of Pretoria unveiled an incubator program on Tuesday called Tuksnovation to foster business ideas from postgraduate students at the Faculty of Engineering, Built Environment and Information Technology.
Tuksnovation’s launch is supported by South African government bodies Small Enterprise Development Agency, Department of Small Business Development and Department of Trade and Industry.
The initiative, named after the university’s colloquial name Tuks, has been set up to help create sustainable enterprises and jobs by commercialising more Pretoria technologies and supporting industrial zones with the ability to benefit the Tshwane region.
The program could eventually also be rolled out to Pretoria’s other science and technology-linked faculties.
Tuksnovation will focus on commercialisation and business growth skills to ensure participating companies have a fully-developed and market-proven product before they begin manufacturing.
Participants in the scheme will have access to training, mentoring, prototyping facilities, networking opportunities and workspace. Tuksnovation will also run a…
