Page 76 - KZN Top Business Portfolio-eBook 2022
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INNOVATE DURBAN






                                          VISION
                                          We envision being a leading innovation agency that
                                          transforms the region into a dynamic and inclusive
                                          ecosystem.
                                          MISSION
                                          Innovate Durban will nurture, coordinate and facilitate an
                                          inclusive innovation ecosystem through utilising the fourth
                                          industrial revolution for economic growth and job creation,
                                          with a focus on industry, spatially excluded or marginalised
                       CEO:
                    Aurelia Alberts       persons, the public sector and SMMEs.
                                          KEY PERSONNEL
       Full Name of Company: Innovate Durban NPC  Chairperson of the Board: Professor Deresh Ramjugernath
       Nature of business: Special purpose vehicle to support   CEO: Aurelia Albert
       innovators, innovation and the innovation ecosystem  Programme Lead: Tendai Pasipamire
       Products / Services: Innovator Support Programs and   Marketing and Events Manager: Sithabile Cele
       accelerator, capacity and Skills Development, Research,
       innovation advisory and management, Innovation Co-Lab   CONTACT DETAILS
       with co-working space, makerspace with laser cutting and   HEAD OFFICE
       3D printing services, venue hire   Physical Address: 12 Brown Road, Point Waterfront,
       Date Established: 2016             Durban, KwaZulu-Natal, 4001
       No. of Employees:10                E-mail:  info@innovate.durban
                                          Website: www.innovate.durban
       Auditor: Moore Durban              INNOVATION CO-LAB:
       Bank: Nedbank                      Physical Address: Umkhumbane Entrepreneurial Support
       B-BBEE Status: Level 1             Centre, 240 Harry Gwala Road, Wiggins, 4091


       JOIN THE REVOLUTION                and passionate about innovation and leveraging
                                          innovation to advance society.  Innovate Durban has
       Innovate Durban (RF) NPC is a registered  non-profit   aligned its priorities and targets with the Sustainable
       company set up as a special purpose vehicle to support   Development  Goals  (SDGs)  to  ensure  its  actions
       innovators, innovation and the innovation ecosystem   contribute to shaping a sustainable world. The
       through programmes, research, capacity building, and     following SDGs have been identified:
       skills development. The programmes and activities of  ƒ GOAL 4: Ensure inclusive and equitable

       the organisation are supported through virtual and     quality education and promote lifelong learning
       physical platforms (Innovation Co-Lab) and events.     opportunities for all
       Innovate Durban was initiated and founded by     ƒ GOAL 8: Promote sustained, inclusive and
       eThekwini  Municipality  through  the  Innovate  Durban      sustainable economic growth, full and productive
       Stakeholder Forum.  Members of the forum include      employment and decent work for all
       stakeholders from academia, public sector departments,     ƒ GOAL 9: Building infrastructure, promote
       Innovate Durban partners and funders, relevant      inclusive and sustainable industrialization and
       business chambers and coalitions, relevant incubators      foster innovation
       and accelerators, funders, investors, venture capitalists,     ƒ GOAL 17: Strengthen the means of
       and development agencies related to innovation, as well      implementation and revitalise the global
       as research and technical centres or hubs.     partnership for sustainable development
       The young organisation is led by a diverse and  The Innovate Durban team work tirelessly to produce
       dynamic group of people who are highly motivated  programmes and platforms that uphold the vision

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