Agro-Processing Support Scheme: Third Window now open
The DTI opened the 3rd application window for the Agro-Processing Support Scheme this week.
This incentive is a cost sharing cash grant of between 20% and 30% of qualifying costs up to a maximum of R20 million.
Core sectors which this incentive will focus on includes:
- Fertilizer production;
- Feed production;
- Fibre processing/forestry value chain;
- Furniture manufacturing; and
- Food and Beverage value addition.
Level 4 BEE compliance is currently required to get into the programme. The DTI will accept applications from 3 April 2018 to 30 June 2018.
Details available at: https://www.thedti.gov.za/financial_assistance/financial_incentive.jsp?id=69&subthemeid=