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Agro-processing
Agro-processing firms can leverage both agricultural support and industrial financing.
Key offerings include the Agro-Processing Support Scheme (APSS) – a grant that co-funds investments in new processing facilities or expansions, aiming to boost value addition in agriculture. Additionally, IDC provides financing to agro-processing projects (for example, dairy processing, fruit juice manufacturing, agri-exports) often through its Agri-industries unit or dedicated funds. NEF, in partnership with provincial entities, has an Agro-Processing Fund (e.g. NEF-GDARD fund in Gauteng) offering blended finance to black-owned agro-processors. If you’re involved in aquaculture (fish farming), note the Aquaculture Development and Enhancement Programme (ADEP) incentive, which grants funds to aquaculture projects for both marine and freshwater ventures.
Available Funds for the Agro-Processing sector
Agro-Processing Support Scheme (APSS)
The Agro-Processing Support Scheme (APSS) is a cost-sharing grant programme administered by the dtic that stimulates investment in South African agro-processing and beneficiation enterprises. The scheme offers a 20% to 30% grant on qualifying investment costs, up to a maximum of R20 million over a two-year investment period.
Support Programme for Industrial Innovation (SPII)
The Support Programme for Industrial Innovation (SPII) provides non-repayable grants to South African businesses and individuals to financially support the development of technologically innovative products and/or processes. The programme is focused specifically on the development phase — from the conclusion of basic research through to the production of a pre-production prototype.
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