Business Services

Public Sector Funding

Grants to stimulate and promote investment, BEE and Employment creation in the manufacturing and tourism sectors, and to encourage geographic spread in tourism.  Grant of 15% to 30% of qualifying investment cost.  Maximum qualifying investment R200 million, maximum grant R30 million.

CONTACT

Paseka Masmula

011 394 5021

pmasemula@thedti.gov.za
Information gathered from: Entrepreneur Magazine

Managed by the IDC, the following grants are available:

  • Product Process Management Scheme: Maximum of R2 million grant
  • Matching Cheme: Maximum of R5 million grant

 

REQUIREMENTS

Specific criteria apply and an online assessment shows qualification.

www.investmentincentives.co.za and click on ‘Concept, Research and Development.

CONTACT

Lucky Tetsa

011 269 3485

luckyt@idc.co.za

Information gathered from: Entrepreneur Magazine

Industrial Development Corporation – under the Economic Development Department of National Government

THe IDC is a financially self-sustainable entity and plays a major role in entrepreneurship development.  The following sector/industry/development area specific funding options exist.

Gro-E Scheme: (Green industries: renewable energy, energy  efficiency, pollution mitigation, waste management and recycling and biofuels)

Risk Capital Facility Programme: PDI below R30million investment

Support Programme for Industrial Innovation and technology development: In the form of non repayable grant of between 50% and 85%

Transformation and Entrepreneurship Scheme: Finance for marginalised groups in start-up business, expansions or expansionary acquisitions.  This fund also embraces the:

  • Women Entrepreneurial Fund
  • People with disabilities fund
  • Equity Contribution Fund
  • Development Fund for Workers and
  • Community fund.

Green Energy Efficiency Fund: Supports the introduction of self-use renewable energy technologies

Women Entrepreneurial fund: Finance for Women-based businesses with total asset base fo up to R80 million and up to R30 million per transaction

Distressed Fund: Structured funding format: debt or equity with minimum of R1 million

Manufacturing Competitiveness Enhancement Programme: Funding for existing manufacturers to induce competitiveness and job retention.  Working capital facility of R50 million, term – up to four years, 6% interest

 

REQUIREMENTS

Each programme has very specific criteria and one should assess the set of requirements of each.

 

CONTACT DETAILS

Tel: 011 269 3000 or 086 693 888 (Make sure you quote the exact fund you would like to apply for.

Online application:  www.idc.co.za – click on to IDC Direct

More specific info on the funds:  www.idc.co.za/developmentfunds

Information gathered from: Entrepreneur Magazine

Personal Loans

Personal Loans up to R2 000 now available!


 Apply Here 

Free Fax2Email
Your Safety

Rating for abc2bee.co.za

Small Business Friday