INNOVATION FOR POVERTY ALLEVIATION PROGRAMME GETS UNDERWAY
The Department of Science Technology (DST) is supporting a number of exciting projects that intend to use science and technology to reduce poverty through job creation, the development of small and medium enterprises, economic growth and improved quality of life.
Projects
For this reason, the Department’s Innovation for Poverty Alleviation Programme, which the Department launched on 17 September 2010, is supporting the following projects with nearly €30 million in untargeted budget support from the European Union over four years:
Innovation for Poverty Alleviation Programme
The Innovation for Poverty Alleviation Programme is a partnership between the Department of Science and Technology (DST) and the European Union’s (EU) Sector Budget Support Programme (SBS). (http://www.info.gov.za/speech/DynamicAction?pageid=461&;sid=13271&tid=20046). The SBS supports the use of science and technology (S&T) and innovation to develop small and medium enterprises in rural areas to contribute to improved quality of life. The focus of the Innovation for Poverty Alleviation Programme is on:
The European Commission
The European Commission (http://ec.europa.eu/about/index_en.htm) is the European Union's (http://europa.eu/index_en.htm) executive body. It proposes and enforces legislation and represents and upholds the interests of Europe as a whole.
Sector Budget Support
The European Commission defines budget support as the transfer of financial resources of an external financing agency to the national treasury of a partner country. These financial resources form part of the partner country’s global resources, and are consequently used in accordance with its public financial management system. Sector budget support takes the form of a transfer to the national treasury in support of a sector programme. This kind of support seeks to accelerate progress towards the partner country’s sectoral goals. http://ec.europa.eu/europeaid/how/delivering-aid/budget-support/index_en.htm
The sector approach assists collaboration between government, development partners and essential stakeholders mainly with the aim of improving both government and national ownership of public sector policy and decisions about the allocation of resources. This means coherence between policy, spending and results. It also reduces transaction costs.
The first project to benefit from the SBS-funded Innovation for Poverty Alleviation Programme is the Community Wireless Mesh Network (WMN) project. This large-scale technology demonstrator project has progressed significantly since its inception. By the start of 2011, R40 million had been allocated to the WMN project.
Other SBS beneficiaries include agro-processing projects to the value of R38 million. Select appropriately from the list below for more information concerning a particular project.