Black Industrialist Scheme (BIS)

OBJECTIVE

Partner with Black owned and managed companies on their expansion and green field investments.

Aims to establish an industrial development path that is characterized by increased participation of previously marginalized citizens and regions

BENEFICIARIES
  • Must be at least 51% Black owned ;
  • Have a valid B-BBEE certificate;
  • Be directly involved in the day to day running of the organization;
  • Have a project with a minimum investment of R30 m;
  • Undertake a project , which should result in securing or increasing direct employment;
BENEFITS
  • Cost sharing Incentive Scheme of up to R50 million based on (30% – 50%) qualifying costs
  • Capital Investment Costs;
  • Feasibility Studies towards a bankable Business Plan (to a maximum of 3% of projected investment costs);
  • Post-investment Support (Maximum of R500 000)
  • Business Development Services (maximum of R2 million)

SHARE