Fund Name

Aquaculture Development and Enhancement Programme (ADEP)

Agency

the dtic

Type

Grants & Incentives

Sector

Aquaculture

Summary

The Aquaculture Development and Enhancement Programme (ADEP) is a government incentive administered by the Department of Trade, Industry and Competition (the dtic), targeting South African registered entities engaged in primary, secondary, and ancillary aquaculture activities. The programme is classified under SIC 132 (fish hatcheries and fish farms) and SIC 301/3012 (production, processing and preserving of aquaculture fish).

ADEP provides a reimbursable cost-sharing grant of up to 50% of qualifying costs, capped at R20 million, for new projects, upgrades, or expansions. The grant covers a wide array of qualifying assets and activities, making it one of the more comprehensive aquaculture-specific incentives available in South Africa.

Eligible qualifying costs include machinery and equipment, bulk infrastructure (water and electrical only), owned land (for small black enterprises only), buildings such as ponds, cages, and tanks, leasehold improvements, rental costs (for small black enterprises), aquaculture feed (up to 10% of total costs, or 20% for small black enterprises), commercial vehicles and work boats, competitiveness improvement activities, environmental impact assessments (for small black enterprises), and mentorship support.

The programme has a specific category for small black enterprises — defined as 100% black-owned operations with an investment below R5 million — that enjoy enhanced benefits such as access to owned land, rental costs, higher aquaculture feed support, EIA costs, and mentorship.

ADEP’s secondary objectives include creating and sustaining jobs, broadening participation in the aquaculture sector, increasing production volumes, and encouraging geographic spread of aquaculture activities across South Africa.

Who this is for?

ADEP is available to South African registered entities engaged in:

  • Primary aquaculture operations: hatchery facilities and operations (broodstock, seed, spat, fry, fingerlings), nursery facilities, and grow-out facilities (rafts, net pens, cages, tanks, raceways, ponds, Recirculating Aquaculture Systems, ranching);
  • Secondary aquaculture operations processing local produce: primary processing (post-harvest handling, gutting, packing, freezing), secondary processing (filleting, portioning, packaging, distribution), tertiary processing/value-adding (curing, brining, smoking), and waste stream handling (fish oils, protein beneficiation, organic fertilizers, pet feeds);
  • Ancillary aquaculture operations: aquaculture feed manufacturing.

Special enhanced benefits apply to small black enterprises, defined as 100% black-owned entities with investment below R5 million, that exercise operational and management control and make a long-term commitment to the business.

What support/funding you can get

ADEP offers a reimbursable cost-sharing grant of up to 50% of qualifying costs, capped at R20 million, for new, upgrading or expansion projects.

Qualifying cost categories and limits:

  • Machinery, equipment and tools;
  • Bulk infrastructure (water and electrical infrastructure only);
  • Owned land (small black enterprises only);
  • Buildings (ponds, cages, tanks, etc.);
  • Leasehold improvements capitalised in the balance sheet (where lease is at least 10 years);
  • Rental costs (small black enterprises only) — capped at R20 000 per month, claimable at stage two only;
  • Aquaculture feed — up to 10% of total costs (up to 20% for small black enterprises);
  • Commercial vehicles or work boats (owned or capitalised financial lease) — not exceeding 50% of total qualifying costs;
  • Competitiveness improvement activities (e.g. skills development) — up to R500 000;
  • Environmental impact assessments (EIA) and permit costs (small black enterprises only);
  • Mentorship (small enterprises only) — up to R200 per hour, 8 hours per day, capped at R200 000 per approved project.

What you can use it for?

The ADEP grant may be used for the following qualifying expenditures on new, upgrading, or expansion aquaculture projects:

  • Machinery, equipment and tools used in aquaculture production;
  • Bulk infrastructure — limited to water and electrical infrastructure;
  • Buildings including ponds, cages, tanks, raceways, and similar structures;
  • Leasehold improvements capitalised in the balance sheet under a lease of at least 10 years;
  • Owned land (small black enterprises only);
  • Rental costs (small black enterprises only, capped at R20 000/month);
  • Aquaculture feed (up to 10% of total costs; 20% for small black enterprises);
  • Commercial vehicles or work boats (owned or capitalised lease) — max 50% of total qualifying costs;
  • Competitiveness improvement activities including skills development — up to R500 000;
  • EIA and permit costs (small black enterprises only);
  • Mentorship for small enterprises — capped at R200 000 per approved project.

Key requirements and conditions

  • Must be a South African registered legal entity;
  • Must be engaged in primary, secondary, or ancillary aquaculture activities classified under SIC 132, SIC 301, or SIC 3012;
  • Application must be for a new project, upgrade, or expansion;
  • The grant is reimbursable — costs must be incurred and verified before reimbursement;
  • Leasehold improvements require a lease agreement of at least 10 years;
  • Commercial vehicles and work boats must be owned or under a capitalised financial lease and cannot exceed 50% of total qualifying costs;
  • Small black enterprises must be 100% black-owned with investment below R5 million to access additional benefits;
  • All applicants must comply with B-BBEE requirements applicable to the programme.

How the application works

  1. Download the ADEP Application Form and Annexures from the dtic website;
  2. Complete the application form in full, including all required annexures;
  3. Submit the completed application to ADEPapps@thedti.gov.za;
  4. The dtic will assess the application against eligibility criteria and economic merit;
  5. If approved, implement the project per the approved milestones;
  6. Submit claims at the approved milestone stages using the ADEP Claim Form and supporting documentation (including a Report of Factual Findings from an accredited auditor).

What to prepare before you start

For application:

  • Completed ADEP Application Form;
  • Completed ADEP Application Form Annexures (mandatory);
  • Business plan covering the aquaculture project, budget, and financial projections;
  • Supporting documentation evidencing the nature of the aquaculture operations and qualifying costs.

For claims:

  • Completed ADEP Claim Form and Claim Annexures (mandatory);
  • Report of Factual Findings completed by an accredited auditor;
  • Invoice Reconciliation Sheet;
  • ADEP Asset and Employment List;
  • Credit Order Instruction Form;
  • Schedule of Terms.

Am I a fit for this particular fund?

You likely qualify if:

  • Your business is a South African registered entity in the aquaculture sector (SIC 132, 301, or 3012);
  • You are investing in a new aquaculture project, upgrading existing operations, or expanding capacity;
  • Your operations fall under primary production, secondary processing of local aquaculture produce, or ancillary aquaculture feed manufacturing;
  • You are seeking reimbursement for qualifying capital and operational costs within the eligible categories.

You may qualify for enhanced benefits if:

  • Your enterprise is 100% black-owned;
  • Your total investment is below R5 million (qualifies as a small black enterprise);
  • You exercise operational and management control over the business.

You likely do not qualify if:

  • Your business is not engaged in registered aquaculture activities;
  • Your project is not new, an upgrade, or an expansion;
  • You are seeking support for aquaculture activities not listed as primary, secondary, or ancillary under the ADEP guidelines.

Quick facts

Overview

Who this is for

Type of support

Funding parameters

What the support can be used for

Machinery and equipment, bulk water and electrical infrastructure, buildings, leasehold improvements, owned land (small black enterprises), rental costs (small black enterprises), aquaculture feed, commercial vehicles/work boats, competitiveness improvements, EIA costs (small black enterprises), mentorship

Information you will need to provide

Applicants must submit a completed ADEP Application Form and all mandatory annexures, supported by a business plan and financial projections demonstrating the viability of the aquaculture project.

Key requirements and conditions

How it works

Application support

Not specifically mentioned; applicants should follow dtic document download instructions

Contact and routing

ADEPcontact@thedti.gov.za

Additional information

Small black enterprises (100% black-owned, investment below R5m) qualify for additional benefits including owned land, rental costs, higher feed support (up to 20%), EIA costs, and mentorship up to R200 000.

Application Considerations:

What You Need to Prepare Before Applying

Most applications are delayed or declined due to incomplete submissions. Preparing the items below upfront will significantly improve your chances.

Core documents (required for almost all funds)

  • Company registration documents
  • Ownership and shareholder information
  • Business plan or project description
  • Recent financial statements or management accounts
  • Project budget and cost breakdown

Project‑specific documents (depending on the fund)

  • Quotes for equipment, infrastructure, or services
  • Feasibility study or technical proposal (where required)
  • Energy solution proposal (for energy‑related funds)
  • Export contracts or buyer information (for export and insurance products)
  • Job creation plan (where applicable)
  • Turnaround or recovery plan (for distress funding)

Additional requirements

  • Proof of sector compliance or permits (where relevant)
  • Evidence of co‑funding or financing approvals (for grants and blended funding)
  • Any templates or declarations specified by the administering agency

What Happens After You Apply

  1. Completeness check – your submission is reviewed to ensure all required documents are included.
  2. Eligibility assessment – the agency confirms that you meet the fund’s basic criteria.
  3. Technical and financial review – your project and financials are evaluated.
  4. Decision and contracting – approved applications proceed to contracting and implementation.

Timelines vary by fund and depend heavily on the quality and completeness of your application.

Important Notes for Applicants

  • Approval is not guaranteed, even if all requirements are met.
  • Funding terms may be subject to final agency approval and conditions.
  • Submitting accurate and complete information is critical.
  • Misrepresentation or incomplete information can result in delays or rejection.

Interested in this fund or have some questions?

Northern Cape, Free State & Mpumalanga Provinces (NFM)

Email Address: NFMcustomercare@thedtic.gov.za

Mr. Mahlatse Mothapo: 012 394 3554 / 082 903 5845
Ms. Jane Mtshali: 012 394 1385

Email Address: NGLcustomercare@thedtic.gov.za

Mr. David Molefe: 012 394 1262
Ms. Selinah Swaratlhe: 012 394 1140

Email Address: WCcustomercare@thedtic.gov.za

Mr. Elias Rafapa: 021 480 8064 / 063 688 6466 
Mr. Vuyo Zitha: 021 480 8055 / 066 306 8424
Ms. Monica Masangwana: 021 480 8063 / 082 647 3611

Email Address: ECcustomercare@thedtic.gov.za

Mr. Andre Le Grange: 041 502 9000 / 060 753 0751
Mr. Simphiwe Ngonyama: 060 753 0663
Ms. Princess Konza: 072 295 4806

Email Address: KZNcustomercare@thedtic.gov.za

Mr. Wiseman Myeni: 076 129 9697 
Ms. Rajeshri Sardha: 072 295 1480
Ms. Neela Govender: 072 296 0369
Ms. Constance Gumede: 072 296 1837

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