IGNITE

IGNITE

Through technical assistance and grant funding to eligible innovative start-ups/entrepreneurs’ and small businesses, IGNITE assist in idea development, commercialization or scaling of new process, products/service.

IGNITE promotes innovative business models, increase capacity, improved processes, sophistication, and entry to new markets; as well all related activities.

IGNITE support is available through two Windows: Ideation and Commercialization

AWARD

Ideation (Up to J$3M): This line will support new ideas for emerging technologies that have the potential to become a viable high-growth business.

Commercialization (Up to J$7M):This line will support activities to enable the commercialization of new ideas/technology and will focus on supporting emerging technologies (at the early stage of commercialization).

 Projects that are eligible for support under IGNITE must be INNOVATIVE!

Increase in value of grants
Category Value
Ideation J$3 million
Commercialisation J$7 million

What is INNOVATION

“An innovation is a new or improved product or process (or combination thereof) that differs significantly from the business’s previous products or processes and that has been made available to potential users (product) or brought into use by the business (process).”

A product innovation is a new or improved good or service that differs significantly from the firm’s previous goods or services and that has been introduced on the market.

A business process innovation is a new or improved business process for one or more business functions that differs significantly from the firm’s previous business processes and that has been brought into use by the firm.

Innovation activities include all developmental, financial and commercial activities undertaken by a firm that are intended to result in an innovation for the firm.

[1] OECD/Eurostat (2018), Oslo Manual 2018: Guidelines for Collecting, Reporting and Using Data on Innovation, 4th Edition, The Measurement of Scientific, Technological and Innovation Activities, OECD Publishing, Paris/Eurostat, Luxembourg, https://doi.org/10.1787/9789264304604-en.
https://www.oecd-ilibrary.org/sites/9789264304604-3-en/index.htmltemId=/content/component/9789264304604-3-en (accessed: 14 October 2022 0730AM)

Offerings are available through two windows:

Ideation
Window

For start-up entrepreneurs and small businesses in the idea stage of their product development.

Commercialization
Window

Supporting emerging technologies at the early stage of commercialization, 

Eligible IGNITE Categories

Software and ICT Industries

Artisan Products and Creative Industries

Agri-Tech

Light-Manufacturing

Climate Change

Gender Inclusion

Innovation in Emerging Technologies

APPLICATION AND SELECTION PROCESS

Applications are to be submitted via the link provided below

IGNITE STAGES AND TIMELINES

IGNITE Info

IGNITE'S REACH

Skills That Make a Meaningful Difference for Your Busines

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