Published on : Thursday, December 17, 2020
The department, in partnership with the Technology Innovation Agency, will carry out the Tourism Technology Grassroots Innovation Incubation Programme (TTGIIP). The programme mainly focuses on to stimulating tourism entrepreneurship and new start-ups related to the sector, underpinned by technology, innovation and new business ideas that have the possibility to develop tourism related services.
The department and the TIA are co-funding the two-year TTGIIP, with the TIA being the implementing agent. The department said that technology related developments have played a major role in tourism growth and now with Covid-19 effect, the “use of digital solutions is ever more apparent”.
“Digitalisation…opens new frontiers, and gets resource management better and enhances competitiveness.
“The purpose of TTGIIP is to provide a pipeline of young South African tourism-tech entrepreneurs, who can enhance or disrupt the industry, as well as introduce new concepts that will help boost, sustain and create more jobs in the tourism sector,” the department said.
The project will aim on the four prime elements of business development:
• Entrepreneur’s business management skills via skill development and training;
• The enterprise idea and prototype design and development, business viability and market testing, regulatory compliance, business financial/ risk structure and quality standards;
• Make start-up funding and venture capital easy for the growth of businesses.
• Enhancing market and trade linkages for commercialization of enterprises.
To enthuse youth and women into travel and hospitality, the department invites South Africans, aged 18 to 35 years to submit their proposals before the closing date of 8 January 2021.
Tags: TTGIIP
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