The winners of the Innovation Fund's National Innovation Competition - which is aimed at promoting a culture of entrepreneurship through technology innovation among South Africa's youth - will be announced during a glittering awards function in Stellenbosch on Thursday.

The Grand Finale of the National Innovation Competition for students run by the Innovation Fund will be held at Spier Wine Estate near Stellenbosch on Thursday, April 10. The projects or models of the projects will be on display. The exhibition will be open from 14:00 tot 19:00 and the Awards function will follow at 19:00.

Students' technological inventions are required to be of commercial value as demonstrated by submission of a detailed business plan. During the institutional phase of the competition, students compete at university level, and the top three student business plans are then entered into the national phase of the competition, where all the top three student business plans, generated during the institutional phase, compete against each other for the grand national prize, which includes a funded trip abroad to participate in an international innovation competition.

For more information on the competition and the Innovation Fund, visit http://www.nic07.co.za/ and http://www.innovationfund.ac.za.

Venue

Date: 10 April 2008
Location: Spier Wine Estate, Stellenbosch

Contact: Mitzi du Plessis
Company name: Innovation Fund
Telephone number: +27 12 991 1001
Email address mitzi@malachite-marketing.co.za