www.businessgrants.co.za
We offer a wealth of information to industries on government grants available from the Department of Trade and Industry (DTI). Although eligibility varies according to industry and the type of business that you are operating, there are various grants available to assist both new and expanding businesses.
We also offer advice on applications. If you feel that your company or project might qualify, please follow our I would like to apply link.
Business Grants available in South Africa
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MCEP: New Manufacturing Incentive launched |
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The Tourism Support Programme or TSP is applicable to companies and closed corporations that operate in the Tourism industry. The programme is open to accommodation suppliers, tour operators and certain passenger transport services as well as private museums The programme currently allows for a tax-free cash grant of up to 30% of investments made in qualifying assets.
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This grant was specifically developed for the automotive industry is called the Automotive Investment Scheme (AIS). The scheme forms part of the proposed Automotive Production and Development Programme (APDP) intended to grow and develop the automotive sector.
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The Manufacturing Investment Grant Programme or MIP forms part of the DTI’s Enterprise Investment Program. The grant is applicable to companies and closed corporations that operate in the value adding Manufacturing industry. The programme currently allows for a tax-free cash grant of up to 30% of investments made in qualifying assets.
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The Department of Trade and Industry offers a range of other business grants, the largest of these being the Manufacturing Investment Programme) the Tourism Support Programme and the Automotive Investment Scheme). There are however numerous other grant programmes and opportunities available which we discuss here.
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