The Department of Trade and Industry initiated the Incubation Support Programme Incentive (the ISP) to develop incubators and create successful enterprises with the potential to revitalise communities, and strengthen local and national economies. In continuing to strengthen economic development through … Continued
The Production Incentive (PI) forms part of the overall Clothing and Textile Competitiveness Programme (CTCP) and flows from the implementation, by the Department of Trade and Industry (DTI), of customised sector programmes (CSP’s) for the clothing, textiles, footwear, leather and … Continued
The Sector-Specific Assistance Scheme (SSAS) is a reimbursable cost-sharing incentive scheme whereby financial support is granted to organisations supporting the development of industry sectors and those contributing to the growth of South African exports. Organisations supported under the Sector-Specific Assistance … Continued
The Technology Innovation Association has developed various innovation and funding technology instruments to grow the South African economy. Diagram Showing the Application Process of the Funding Provided by the DTI The Research and Development Tax Incentive In 2006, the South … Continued
The Technology and Human Resources for Industry Programme (THRIP) by the Department of Trade and Industry (DTI) to leverage collaborative partnerships between government and industry (working with academia) for research and development in science, engineering, and technology on a cost-sharing … Continued
The Shared Economic Infrastructure Facility by the Department of Small Business Development (DSBD) intends to leverage public sector investment that would provide necessary infrastructure by creating an enabling environment for businesses to crowd in investment, mostly in townships, rural areas, … Continued
COVID19 SMME Relief Fund The COVID19 SMME Relief Fund is available to those businesses that: Have been negatively affected due to the Corona Virus pandemic and are part of the essential services and products sector; Are 100% owned by South … Continued
The Aquaculture Development and Enhancement Programme (ADEP) is an incentive programme made available by the South African government to fish hatcheries and fish farms, and entities engaged in the production, processing, and preservation of aquaculture fish, under SIC 132, and … Continued
Company registration Obtaining a company registration is the first step toward receiving a government grant or finance from private investors. In terms of the Companies Act 2008, a company may be registered with or without a company name. When a … Continued
The National Treasury and the Department of Trade and Industry (DTI), in conjunction with the Industrial Development Corporation, promote competitiveness and job creation / retention in the industrial sector by funding qualifying manufacturers through the two key components of the … Continued