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Aquaculture

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 Aquaculture sector

The Aquaculture Development and Enhancement Programme (ADEP) is a cost-sharing incentive offered by the dtic to stimulate investment in South Africa’s aquaculture sector. It provides a reimbursable grant of up to 50% of qualifying costs, capped at R20 million, for new, upgrading or expansion projects in primary, secondary, and ancillary aquaculture operations.

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