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 Global Business Services (GBS) Incentive is a cash grant programme designed to create employment in South Africa by incentivising companies to service offshore (international) business activities from South Africa. The programme prioritises employment opportunities for youth aged 18–34 and contributes to the country’s export revenue from offshoring services. The incentive has been effective from 1 January 2019.
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