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.
The Automotive Investment Scheme (AIS) is a non-taxable cash grant incentive designed to grow and develop South Africa’s automotive sector through investment in new and/or replacement vehicle models and components. Original Equipment Manufacturers (OEMs) receive a 20% grant on qualifying productive asset investment, while component manufacturers and tooling companies receive a 25% grant.
Use the following tools to help you apply:
