Climate Innovation Center South Africa: Accelerating the growth of innovative clean tech enterprises towards low-carbon, green growth paths
The Climate Innovation Centre South Africa (CICSA) is a strategic Green Economy initiative of The Innovation Hub Management Company (TIHMC). TIHMC is a wholly owned subsidiary of the Gauteng Growth and Development Agency (“GGDA”), and was established by the Gauteng Provincial Government through its Department of Economic Development (DED) to operate as a science and technology park (The Innovation Hub) that promotes socio-economic development and competitiveness of the province through innovation.
The CICSA was established in partnership with the World Bank’s infoDev unit and is part of a global network of 6 other Climate Innovation Centres that are managed and supported by infoDev’s Climate Technology Program. The CICSA was created to help implement Gauteng’s Green Growth Strategy, which in turn echoes national strategies that increasingly see the importance of a green agenda for South Africa.
The CICSA operates as a technology and business incubator dedicated to supporting South African start-ups and small businesses operating in the green economy space by offering them access to finance, technical and business advisory, facilities, information, and markets. Through our support, entrepreneurs are better able to profitably develop, commercialize, and scale-up their innovative clean technology ideas and concepts, creating jobs and accelerating a greener and more inclusive economic development in the process.