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Funding innovation in a re-aligned COVID world


Cova Advisory, together with the South African Council for Automation and Control (SACAC), is hosting a free 90-minute webinar on 1 October at 10am on funding innovation in the post-pandemic world.

Hear from a panel of experts on:

  • The innovation funding landscape
  • Incentives available from national government for innovation, research and development
  • Private funding options available to technology innovators

Speakers include representatives from public and private sector, including the National Department of Science and Innovation, PAPE Fund Managers and Kalon Venture Partners. The morning will be facilitated by Tumelo Chipfupa, joint Managing Director of Cova Advisory and Associates.

Speaker bios:

Facilitated by: Tumelo Chipfupa

Director at Cova Advisory

Tumelo has an MSc in Mechanical Engineering from Duke University in the United States of America, an MBA from Wits University, and a Master’s in Public Policy from Harvard University. Following many years at the DTI, Tumelo became the Energy Director at Cova Advisory where he leads the M&V team. Tumelo is a Certified Measurement and Verification Professional (CMVP) and is also a board member on the Measurement and Verification Council of South Africa.

John Burchell

Interim President, SACAC

John is the specialist for advanced process control at Sibanye-Stillwater, looking after control systems for the PGM group. He has more than 10 years' experience as a control engineer in the mining industry. He is currently busy with his PhD thesis, investigating synergies between machine learning based process control (the new) and model based predictive control (the old). John has recently been co-opted as President of the South African Council for Automation and Control (SACAC), driving industry, academia, and government collaboration towards strengthening the field of Automation and Control in South Africa.

Kgomotso Matjila

Senior Policy Analyst, Science and Technology Investment, at the Department of Science and Innovation

Kgomotso works on national research and development (R&D), business innovation, and Intellectual Property and technology transfer surveys, econometric modelling of R&D intensity, as well as facilitating national, Africa-wide and global stakeholder engagement on STI measurement. She has also worked on financial stability analysis of the banking sector at the South African Reserve Bank. In her role as Acting Chief Director Science and Technology Investment, she oversees the production of R&D and innovation statistics; she administers the R&D tax incentive to promote private sector R&D investment in South Africa.

Christel Wolmarans

Director: Private Sector Research & Development Promotions, Dept. of Science and Innovation

Christel has a B.Eng (Electrical) degree from the University of Pretoria and an LLB from Unisa. She has had a diverse career, starting as a lecturer at the University of Pretoria, followed by three years at Eskom. She then qualified and worked as a patent attorney for about 15 years, both in South Africa and Australia. She returned to South Africa in 2015 to start as a technology transfer manager at Wits Commercial Enterprise, where her role was to commercialise intellectual property emanating from research conducted at Wits University. In February 2020, she joined DSI and is now using her skills to administrate and promote the R&D tax incentive.

Clive Butkow

CEO, Kalon Venture Partners

Clive is the former Chief Operating Officer (COO) of Accenture South Africa, with 28
years of management consulting experience. He is currently the CEO of Kalon Venture Partners, a disruptive digital technology Venture Capital Fund (VCC). Clive sits on various boards of the VCC’s underlying companies
and chairs many of the companies. He also plays an active role as a trusted advisor to the venture capital industry in South Africa.

Dr Zuko Kubukeli

CEO of PAPE Fund Managers

Zuko started his career in private equity and fund management in 2002 at Brait, and in 2006 joined Pan-African Capital Holdings (PACH) as a director and principal responsible for strategy and investments. The PACH investment holding company has been built up to NAV in excess of ZAR500m since 2006 at an IRR of 38%.
In late 2008, Zuko was mandated by the PACH board to build a private equity team and extend the PACH balance sheet by setting up a captive fund that would co-invest alongside PACH. By mid-June 2009, PAPE Fund 1 was capitalised by PACH and RMB Ventures at ZAR250m. The fund was fully invested in September 2012 and in October 2012 PAPE Fund 2 was capitalised at ZAR300m on the same funding basis. Zuko is the sponsor of Fund 3, the key originator of deals, a member of the PAPE Fund 3 Investment Committee and a key individual of the fund.