Strategic Partnership Programme (SPP)
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OBJECTIVE
Encourage large private-sector companies in partnership with government to develop suppliers capability and capacity, thus providing linkages to the strategic partners supply chain.
BENEFICIARIES
- South African registered legal entities with a minimum turnover of R100 million for two consecutive years as per the audited financial statements
- At least 60% of the entities being incubated must be at least 51 percent black owned
BENEFITS
- 50:50 cost-sharing support for large private sector investors
- Cap = max R15m per financial year over 3 years subject to the availability of funds
SHARE
Implementing agency
Department of Trade, Industry and Competition