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Funding Options

FUNDING RATIOS

 

Below are the ratios for THRIP funding to promote increased collaboration between large and small enterprises and greater SMME and BEE participation.

 

 Funding ratios for research and innovation support and TIPTOP:

INDUSTRY PARTNER(S)

Contribution Ratio

THRIP

LARGE ENTERPRISE

SMALL, MEDIUM & MICRO ENTER-

PRISE

Large company(ies) only OR Large companies that partnered with SMMEs OR Association comprising Large and or SMME members

1

2

-

All SMMEs OR Association comprising only SMME members

1

-

1

Black female grant-holder

1

1

All SMMEs and all BEE OR Association comprising only SMME & BEE members

2

-

1

NB: A Very Small Enterprise with no financial contribution, will only be considered as an industry partner if there is at least one payment from and SMME that is at least 5% of the highest contribution.

 

The 1:1 ratio will apply for all black female grantholders, irrespective of the size of the industry partner.

 

Funding Limits

 

The THRIP contribution awarded to a project is calculated based on the number of students involved, AS WELL AS the industry financial contribution.

The following funding limits currently apply: 

·         For every R200, 000, or part thereof of the THRIP awarded amount, at least one SA student must be involved in the project. The student must be at 4th year level of study or higher, and spend at least 20% of their time on the project. In the case of students from African countries the maximum is R85, 000.

·         A THRIP contribution to TIPTOP, according to the approved project support ratio, to a maximum annual package of R300, 000.

·        A once-off contribution to a SMME or to a project leader based at an HEI of maximum   R10, 000 towards the cost for legal advice on the development of an agreement on the treatment of IPR.  This amount need not be matched by an industrial partner contribution.  The IPR budget items must form part of a THRIP application.