Saturday Star

CIPC calls on youth to recognise the value of intellectual property and participate in the economy

Anita Nkonki|Published

For many young South Africans, a business idea starts small, as a side hustle, a classroom project, or a concept scribbled into a notebook.

The 2026 intellectual property (IP)Youth Awards want to prove that those early sparks of creativity can grow into sustainable businesses.

Hosted by the Companies and Intellectual Property Commission (CIPC), the awards are designed to help young innovators recognise that their ideas hold real value, and that protecting them could be the key to long-term success.

The Commission has confirmed that the CIPC IP Youth Awards 2026 ceremony will take place on Thursday, March 26, 2026, in Sandton, Johannesburg.

The event will bring together young innovators, industry leaders, and key stakeholders to recognise outstanding intellectual property achievements and reinforce the importance of protecting innovation.

Speaking about the essence of the initiative, CIPC Commissioner Adv Rory Voller said the programme is about shifting mindsets and empowering young people to see intellectual property (IP) as a practical economic tool.

“The 2026 IP Youth Awards aim to encourage more young people to recognise the value of intellectual property and to use it as a tool to turn their ideas into real economic opportunities,” Voller said.

“Through the awards, the CIPC wants to raise awareness among young people who are inventive to realise that their creativity, inventions, brands, and artistic works have value that can be protected and commercialised. The programme also seeks to inspire a culture of innovation among the youth by showing practical examples of young people who have successfully protected and developed their ideas. Ultimately, the goal is to build a new generation of entrepreneurs who understand intellectual property and are confident in using it to participate in the economy.”

Voller emphasised that protecting intellectual property is especially critical in the early stages of building a business.

“Intellectual property protection is important for young entrepreneurs because it helps them secure ownership of their ideas from the beginning. When a young innovator develops a product, brand, design, or creative work, protecting it ensures that others cannot easily copy or claim it as their own,” he explained.

“This protection also increases the credibility of the idea when approaching investors, partners, or funders, because it shows that the innovation is legally protected. In the early stages of a business, intellectual property can therefore become one of the most valuable assets a young entrepreneur has.”

Beyond recognition, the awards programme is structured to provide practical support to participants.

“The IP Youth Awards are designed not only to celebrate young innovators but also to help them move their ideas forward. Participants and winners are connected to mentorship opportunities where experts guide them on intellectual property protection, business development, and market readiness,” Voller said.

“The programme also exposes young innovators to potential partners, investors, and support programmes that can help them access funding or incubation opportunities. In this way, the awards act as a platform that helps innovators move from simply having an idea to building sustainable businesses based on their intellectual property.”

He further highlighted how IP rights protect young creators from exploitation in competitive markets.

“Intellectual property rights provide legal protection that gives creators control over how their ideas are used. For example, registering a patent protects an invention, a trademark protects a brand name or logo, and copyright protects creative works such as music, writing, or digital content,” he said.

“Once these rights are registered, the creator has legal grounds to stop others from copying, using, or selling the work without permission. This protection helps young entrepreneurs enter competitive markets with greater confidence, knowing that there are legal mechanisms available to defend their ideas if necessary.”

For the second edition of the awards, the CIPC is expanding its outreach to ensure inclusion of young entrepreneurs from rural and underrepresented communities.

“For the second edition of the awards, the CIPC is placing strong emphasis on broader outreach to ensure that young people from rural areas and underrepresented communities are aware of the opportunity,” Voller said.

“This includes working with universities, universities of technology, incubators, innovation hubs, and youth organisations across different provinces. The CIPC is also using digital platforms, social media, and partnerships with government and community structures to share information about the awards more widely. The aim is to ensure that talented young innovators, regardless of where they are based, have the opportunity to participate and benefit from the programme.”

Looking at the broader picture, Voller said intellectual property protection is central to South Africa’s long-term economic growth.

“Intellectual property plays an important role in economic development because it encourages creativity, innovation, and supports the growth of new businesses. When inventors, creators, and entrepreneurs protect their ideas, they are more likely to invest time and resources in developing them into products and services that can be brought to market,” he said.

“This leads to new industries, new businesses, and ultimately new jobs. By promoting the protection and commercialisation of intellectual property, the CIPC aims to help build a stronger innovation-driven economy in South Africa where creativity and knowledge are translated into economic value and employment opportunities.”

[email protected]

Saturday  Star