The objectives of the Township Innovation Networking Platforms are as follows:

• Harnessing Science, Technology & Innovation (STI) for socio-economic development.
• Facilitate participation of SMMEs into the innovation space.
• Promoting, supporting, and mentoring technology-based technology SMMEs through implementation of innovation-driven activities.
• Introduce innovation into township economic sectors.
• Initiating and implementing prospective innovation driven projects, programmes and initiatives directed at spurring township economies, industrialisation, regional capacity development and creation of job opportunities.
• Enabling innovation, including capacitating stakeholders with respect to innovation.
• Promoting inclusive economic growth.