--- title: A shrinking JSE goes hunting for tech SMEs | daily.dev description: The Johannesburg Stock Exchange and the Technology Innovation Agency have launched a four-month pilot to prepare 10 small and medium tech enterprises to raise... canonical: https://daily.dev/posts/a-shrinking-jse-goes-hunting-for-tech-smes-jztg4lbk6 twitter:card: summary_large_image twitter:site: @dailydotdev og:type: website og:site_name: daily.dev og:title: A shrinking JSE goes hunting for tech SMEs | daily.dev og:description: The Johannesburg Stock Exchange and the Technology Innovation Agency have launched a four-month pilot to prepare 10 small and medium tech enterprises to raise... og:url: https://daily.dev/posts/a-shrinking-jse-goes-hunting-for-tech-smes-jztg4lbk6 og:image: https://api.daily.dev/og/posts/jZtG4LbK6.png og:image:alt: A shrinking JSE goes hunting for tech SMEs og:image:width: 1200 og:image:height: 630 og:locale: en --- > ## Documentation Index > Fetch the complete documentation index at: https://daily.dev/llms.txt > Use this file to discover all available pages before exploring further. # A shrinking JSE goes hunting for tech SMEs **[TechCentral](https://daily.dev/sources/techcentral)** · 4 min read · 1 upvotes · 0 comments ## Summary The Johannesburg Stock Exchange and the Technology Innovation Agency have launched a four-month pilot to prepare 10 small and medium tech enterprises to raise capital, without providing direct grant funding. Running under the JSE's SME Rise banner, the Technology Development Programme spans 16 weeks and focuses on companies in health, agriculture and fintech, offering business diagnostics, growth planning, pitch development and access to JSE networks. Participants may later be considered for JSE Private Placements or AltX screening. The cohort of 10 was selected from 43 candidate SMEs after interviews and evaluation, though names were not disclosed. The initiative comes as JSE listings have shrunk from over 800 in the 1990s to about 280 today, and follows TIA's receipt of a R1.2-billion arbitration settlement tied to its 2015 sale of a stake in Kapa Biosystems. ## Full article daily.dev links to this article rather than hosting it. Read it at the original source: ## Questions this post answers ### What is the JSE and TIA Technology Development Programme for tech SMEs in South Africa? It is a four-month pilot launched by the Johannesburg Stock Exchange and the Technology Innovation Agency to prepare 10 small and medium tech enterprises to raise capital, without providing direct grant funding. Running 16 weeks under the JSE's SME Rise banner, it targets companies in health, agriculture and fintech, offering business diagnostics, pitch development, and potential consideration for JSE Private Placements or AltX screening. _daily.dev helps founders navigating capital-raising programs like this stay on top of relevant funding news._ ### How many companies are currently listed on the JSE compared to the 1990s? The JSE has about 280 listed companies, down from more than 800 in the 1990s, according to a May column referenced in coverage of the exchange's shrinking listings. This decline is part of the motivation behind new programs aimed at building a pipeline of smaller tech companies that could eventually list or raise capital through the exchange. _Investors tracking market structure shifts like JSE delistings can follow related analysis on daily.dev._ ### How much did South Africa's Technology Innovation Agency receive from the Kapa Biosystems arbitration settlement? TIA received a $72.9-million settlement, about R1.2-billion, in relation to its 2015 sale of a 49% stake in Kapa Biosystems for $4.9-million, months before Kapa's shareholders sold the company to Roche for $445-million. The sum includes a $39.5-million arbitration award plus interest and additional legal costs awarded on appeal. _daily.dev surfaces stories like this for readers following tech funding and startup exit outcomes._ ## Similar posts on daily.dev - [JSE triples software spend in push for digital marketplace](https://daily.dev/posts/jse-triples-software-spend-in-push-for-digital-marketplace-q9qzkmikb) · TechCentral · 0 upvotes · 0 comments - [South Africa’s banks have become the exit ramp for its fintechs](https://daily.dev/posts/south-africa-s-banks-have-become-the-exit-ramp-for-its-fintechs-6q1ylbax5) · TechCentral · 0 upvotes · 0 comments - [MzansiXchange Is Transforming Data Exchange In South Africa](https://daily.dev/posts/mzansixchange-is-transforming-data-exchange-in-south-africa-nm4rewbye) · Cyble · 0 upvotes · 0 comments - [Singapore is putting S$220M into fintech as private funding hits a decade low](https://daily.dev/posts/singapore-is-putting-s-220m-into-fintech-as-private-funding-hits-a-decade-low-dehcgwdx3) · The Next Web · 0 upvotes · 0 comments - [The top-performing South African tech shares of 2025](https://daily.dev/posts/the-top-performing-south-african-tech-shares-of-2025-cpy0wyc2p) · TechCentral · 0 upvotes · 0 comments --- Tags: [#startup](https://daily.dev/tags/startup), [#fintech](https://daily.dev/tags/fintech) [View this post on daily.dev](https://daily.dev/posts/a-shrinking-jse-goes-hunting-for-tech-smes-jztg4lbk6) ```json {"@context":"https://schema.org","@graph":[{"@type":"Organization","@id":"https://daily.dev/#organization","name":"daily.dev","url":"https://daily.dev","logo":{"@type":"ImageObject","url":"https://daily.dev/apple-touch-icon.png","width":180,"height":180},"sameAs":["https://twitter.com/dailydotdev","https://github.com/dailydotdev","https://www.linkedin.com/company/daily-dev-ltd"]},{"@type":"WebSite","@id":"https://daily.dev/#website","url":"https://daily.dev","name":"daily.dev","publisher":{"@id":"https://daily.dev/#organization"},"potentialAction":{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https://daily.dev/search?q={search_term_string}"},"query-input":"required name=search_term_string"}}]} {"@context":"https://schema.org","@type":"TechArticle","headline":"A shrinking JSE goes hunting for tech SMEs","url":"https://daily.dev/posts/a-shrinking-jse-goes-hunting-for-tech-smes-jztg4lbk6","mainEntityOfPage":{"@type":"WebPage","@id":"https://daily.dev/posts/a-shrinking-jse-goes-hunting-for-tech-smes-jztg4lbk6"},"datePublished":"2026-09-30T12:53:02.571Z","dateModified":"2026-09-30T12:53:30.451Z","description":"The Johannesburg Stock Exchange and the Technology Innovation Agency have launched a four-month pilot to prepare 10 small and medium tech enterprises to raise...","image":"https://media.daily.dev/image/upload/f_auto,q_auto/v1/posts/a32f97a2e9574f636b1b51740718e3ff?_a=AQAEuop","thumbnailUrl":"https://media.daily.dev/image/upload/f_auto,q_auto/v1/posts/a32f97a2e9574f636b1b51740718e3ff?_a=AQAEuop","isAccessibleForFree":true,"articleSection":"TechCentral","inLanguage":"en","publisher":{"@type":"Organization","name":"daily.dev","url":"https://daily.dev","logo":{"@type":"ImageObject","url":"https://daily.dev/apple-touch-icon.png","width":180,"height":180}},"author":{"@type":"Organization","name":"TechCentral","logo":"https://media.daily.dev/image/upload/s--RsqLDZrL--/f_auto/v1717745297/logos/techcentral","url":"https://daily.dev/sources/techcentral"},"commentCount":0,"discussionUrl":"https://daily.dev/posts/a-shrinking-jse-goes-hunting-for-tech-smes-jztg4lbk6","interactionStatistic":[{"@type":"InteractionCounter","interactionType":{"@type":"LikeAction"},"userInteractionCount":1},{"@type":"InteractionCounter","interactionType":{"@type":"CommentAction"},"userInteractionCount":0}],"keywords":"startup,fintech","timeRequired":"PT4M"} {"@context":"https://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https://daily.dev"},{"@type":"ListItem","position":2,"name":"TechCentral","item":"https://daily.dev/sources/techcentral"},{"@type":"ListItem","position":3,"name":"A shrinking JSE goes hunting for tech SMEs"}]} {"@context":"https://schema.org","@type":"FAQPage","@id":"https://daily.dev/posts/a-shrinking-jse-goes-hunting-for-tech-smes-jztg4lbk6#faq","mainEntity":[{"@type":"Question","name":"What is the JSE and TIA Technology Development Programme for tech SMEs in South Africa?","acceptedAnswer":{"@type":"Answer","text":"It is a four-month pilot launched by the Johannesburg Stock Exchange and the Technology Innovation Agency to prepare 10 small and medium tech enterprises to raise capital, without providing direct grant funding. 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