Page 86 - KZN Top Business Portfolio 2024/5 - ebook
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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, co-ordinate 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: persons, the public sector and SMMEs.
Aurelia Alberts
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 Head: Innovation & Comercialisation: Susanne Ramsunder
Research Lead: Patrick Martel
Products / Services: Innovator Support Programmes and
accelerator, capacity and Skills Development, Research, CONTACT DETAILS
innovation advisory and management, Innovation Co- HEAD OFFICE
Lab with co-working space, makerspace with laser cutting Physical Address: 12 Brown Road, Point Waterfront,
and 3D printing services, venue hire Durban, KwaZulu-Natal, 4001
E-mail: info@innovate.durban
Date Established: 2016
Website: www.innovate.durban
No. of Employees: 12
INNOVATION CO-LAB:
Auditor: Moore Durban Bank: Nedbank
Physical Address: Umkhumbane Entrepreneurial Support
B-BBEE Status: Level 1 Centre, 240 Harry Gwala Road, Wiggins, 4091
JOIN THE REVOLUTION and leveraging innovation to advance society. Innovate
Durban has aligned its priorities and targets with the
Innovate Durban (RF) NPC is a registered non-profit Sustainable Development Goals (SDGs) to ensure its
company set up as a special purpose vehicle to support actions contribute to shaping a sustainable world.
innovators, innovation and the innovation ecosystem The Innovate Durban team produces programmes
through programmes, research, capacity building, and and platforms that uphold the vision and mission of
skills development. The programmes and activities of developing innovation in the region. They do this
the organisation are supported through virtual and through upholding the organisational values of:
physical platforms (Innovation Co-Lab) and events.
Creating momentum for and driving projects
Innovate Durban was initiated and founded by and programmes in the city that innovatively
eThekwini Municipality through the Innovate Durban tackle social, system and structure issues that
Stakeholder Forum. Members of the forum include hinder growth and perpetuate poverty.
stakeholders from academia, public sector departments, Collaborating with, and connect, stakeholders
Innovate Durban partners and funders, relevant from all spheres, to work together to ‘disrupt’
business chambers and coalitions, relevant incubators thinking, and practice and create new
and accelerators, funders, investors, venture capitalists, opportunities for active participation by all in
and development agencies related to innovation, as well growth and renewal.
as research and technical centres or hubs.
Connecting those in need with real opportunity,
The organisation is led by a diverse and dynamic group by providing, inter alia, practical tools and
of people who are highly passionate about innovation training, access to resources and support for self-
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