Being a part of the 22 August 2015 MinMec Resolution, the Recycling Enterprise Support Programme supports the emergence of new entrants in the waste economy (2 companies per province). Funding and non-repayable grant support is available for waste management related machinery and equipment, infrastructure (excluding the purchasing of land), commercial vehicles, overheads (including salaries) and business development services required to grow the enterprise to ensure that within a period of 2 years. The programme is implemented and funded through the Department of Environmental Affairs (DEA) on an annual basis, where grant funding of up to R5 million is available for new entrants and emerging enterprises in the recycling economy. The recycling grant is awarded on a competitive basis through the solicitation of proposals.
The recycling grant is aimed at:
• Driving entrepreneurship and job creation by ensuring the economic benefits emanating from waste are fully exploited;
• Supporting the establishment or expansion of a minimum of two projects per province;
• Significantly increasing recycling rates and waste diverted from landfills;
• Enabling significant participation of black business in waste beneficiation and the secondary resources economy;
• Promoting innovation through converting recyclables into marketable product; and
• Encouraging sustainability of the identified and supported projects.
Criteria for the Recycling Grant in South Africa:
- Applicant is a South African registered legal entity in terms of the Companies Act, 1973 (as amended) or the Companies Act, 2008 (as amended); the Close Corporations Act, 1984 (as amended) or the Co-operatives Act, 2005 (as amended), incdicated by valid CIPC documents;
- Applicant holds a secure physical address and primarily operates in the province and locality of their domicile as evidenced by proof of address such as title deed, lease agreement or utility statement;
- Applicant is a registered taxpayer in good standing and must provide a valid tax clearance certificate to prove status;
- Applicant is a holder of a South African business bank account, denoted by a bank stamped letter;
- Applicant is involved or intends to operate in the waste awareness, collection, recycling,
beneficiation, energy recovery related sectors of the economy as demonstrated by a company profile; and
- Applicant’s ownership structure is at least fifty-one percent (51%) owned by Black South African citizen(s), with Black owners exercising dominant ownership and management control over the business (which should be substantiated by BBBEE or share certificate).
Contact DTC – For more information & assistance on the Recycling Grant for South African businesses…