In April 1993, the ISE was restructured to focus its development efforts across all sectors of the South African economy. As a result, the restructured programme was renamed the Support Programme for Industrial Innovation (SPII). Since then, the programme has undergone a number of improvements in order to streamline the processes and improve access to the Schemes by South African entities as well as citizens in general.
The SPII is designed to promote and assist technology development in South African industry through the provision of financial assistance for projects that develop innovative products and/or processes. The SPII is focussed specifically on the phase that begins at the conclusion of basic research (at the stage of proof of concept) and ends at the point where a pre-production prototype has been produced. The Industrial Development Corporation of South Africa Limited (IDC), on behalf of the Department of Trade and Industry (the dti), manages the programme.
The SPII currently consists of three schemes: the Product Process Development, Matching and Partnership Schemes. The project size rather than the company size determines the type of funding/scheme for project development. However, the company size is used to determine the qualification to various incentives offered by SPII.