Aquaculture Development and Enhancement Programme (ADEP) Overview
The Aquaculture Development and Enhancement Programme (ADEP) is a South African government incentive for fish hatcheries, fish farms, and related entities under SIC 132, SIC 301, and 3012. The programme supports production, processing, and preservation of aquaculture fish.
Approved applicants receive grants for new projects, upgrades, or expansions in aquaculture operations.
Funding Structure of the Aquaculture Development and Enhancement Programme
ADEP provides a reimbursable cost-sharing grant of up to R30 million. Funding covers machinery, equipment, bulk infrastructure, owned land and buildings, leasehold improvements, and activities aimed at improving competitiveness.
The incentive stimulates investment in South Africa’s aquaculture sector. It aims to develop emerging farmers, increase production, sustain and create jobs, and encourage geographic distribution of aquaculture operations.
Eligible Primary Aquaculture Enterprises
Primary enterprises eligible for ADEP funding include:
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Brood stock operations.
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Seed production facilities.
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Juvenile operations such as hatcheries and nurseries.
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On-going production facilities including rafts, net closures, net pens, cages, tank raceways, and ponds.
Eligible Secondary Aquaculture Enterprises
Secondary enterprises supported by ADEP include:
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Primary processing: post-harvest handling, eviscerating, packing, and quick freezing.
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Secondary processing: filleting, portioning, and packaging.
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Tertiary processing: curing, brining, smoking, and value-added products such as terrines, roulades, and pâtés.
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Waste stream handling: fish oil extraction, protein beneficiation, organic fertilisers, and pet or animal feed production.
Eligible Ancillary Aquaculture Enterprises
ADEP also supports ancillary enterprises, including:
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Feed manufacturing operations.
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Research and development projects focused on aquaculture.
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Privately-owned veterinary services specific to aquaculture, such as farm inspections, disease control, and histopathological analysis.
Contact for Aquaculture Development and Enhancement Programme Support
Entities seeking guidance to qualify for the ADEP incentive scheme can contact our experts. We provide step-by-step assistance to navigate the Department of Trade and Industry (DTI) application process.Contact Dream Team Capital Today To get started and get expert guidence.