The Technology and Innovation Platform (TIP) is envisaged to promote applications spanning from the development of radiation detectors, special materials and development of industrial standard electronics. The TIP will be implemented at iThemba LABS to explore applications and partnership with industry for technology transfer purposes to benefit research and the economical sector. The TIP premises are currently being designed and the floor plan is in an advanced stage. An electronics lab, clean room, detector lab and design offices will accommodate the ongoing and upcoming projects. This presentation will give an overview of the facility and the research related projects.