SUMMARY OF INCENTIVES INVESTMENT SUPPORT Manufacturing Programme Support (TSP) Tourism Support Programme Black Business Supplier Development Programme(BBSDP) To be active on 01/04/10 Business Process Outsourcing & Offshoring (BPO&O) Capital Projects Feasibility Programme Critical Infrastructure Programme (CIP) Co-operative Incentive Scheme (CIS) Location Film & TV Production Incentive Is designed to stimulate investment growth within the manufacturing industry To support the development of tourism enterprises that will stimulate job creation and encourage a geographic spread of tourism investment It is a cost sharing grant offered to black owned small enterprises. It provides grants to a max of R1m It comprises of an investment grant ranging between R37 000 & R60 000 per seat and training support grant up to a maximum of R12 000 per agent Is a cost sharing programme providing a contribution to the cost of feasibility studies that are likely to lead to projects outside SA that will increase local exports and stimulate the market for SA capital goods and services Is a non- refundable cash grant that is available to the approved beneficiary upon the completion of the infrastructure project IS A 90:10 matching cash grant for registered co-ops enterprises in the emerging economy to acquire competitive business development services To attract foreign based film productions to shoot on location in SA Local and foreign owned enterprises Local and foreign owned enterprises Black-owned enterprises with a max annual turnover of R1m to R35m New or existing local and foreign investors All capital goods sectors. It can be a new, expansion of existing projects and rehabilitation of existing projects All legal entities Co-operatives Foreign owned qualifying productions with Qualifying South African Production Expenditure of R12m and above SA Film & TV Production It provides financial assistance to SA production 1
Co-production Sector Specific Assistance Scheme (SSAS) BEE Financial Assistance Scheme local film producers in the production of local content Is a reimbursable cost sharing grant whereby financial assistance is granted in sectors & sub sectors of industries prioritized by the dti Provides financial supports t o companies participating on trade and investments missions companies Non profit business organizations Companies that do not qualify for EMIA scheme TIKZN Industrial Development Zones To encourage beneficiation of locally available resources and to promote the competitiveness of the manufacturing sector Foreign and local companies INNOVATION AND TECHNOLOGY NAME DESCRIPTION TARTGETED TO DEAPRTMENT Technology and Human Resources for Industry Programme Promotes and facilitates scientific research, technology development and technology diffusion, any combination of the above. All legal and registered entities National Research Foundation Support Programme for Industrial Innovation The Research & Development Tax Incentive Programme Contractor Incubator Programme (CIP) Emerging Contractor Development Programme (ECDP) It provides financial assistance for projects that develop innovative products and / or processes. Encourages the private sector to invest in research and development activities. The R&D Tax Incentives are an indirect approach to increasing national R&D expenditure and complements government's expenditure in this regard. To empower these emerging contractors to become sustainable and to have the ability to transact even high level of business To address the disproportionate distribution of black and women owned companies in the register of contractors. The programme will focus on contracting enterprises within the grades 1 and 2 of the Register of Small, medium and large companies Companies involved in research and development activities Emerging contractors that are transacting business over R1m Contractors transacting business up to R500 000 Industrial Development Corporation Science and Technology Public Works Public Works 2
NAME DESCRIPTION TARTGETED TO DEAPRTMENT Contractors so that they can develop to higher grades and be more competitive. SMALL BUISNESS DEVELOPMENT FINANCE Danida Business to Business Programme KwaZulu Rehabilitation Trust Fund To develop and strengthen business opportunities and creating jobs for eligible entrepreneurs from the previously a disadvantaged communities Provide financial assistance to businesses that were affected by the unrest up to 1994, to reinstate their operations Khula Retail Financial Intermediaries Provides loans to RFI s to lend to entrepreneurs for business purposes Khula Regional Equity Funds It s a risk capital to support SME s Dutch Investment Funds (PSOM) Provides opportunities for businesses to expand investments and trade relations in SA & other African countries All companies The Dutch Ministry of Foreign Affairs 3
EXPORTS ASSISTANCE Export Marketing and Investment Assistance (EMIA) Provides financial supports to companies participating on trade and investments missions Productive Asset Allowance BEE Financial Assistance Scheme It reduces the amount of vehicle platforms and models locally assembled coupled with increased investment and exports with increased local content Provides financial supports t o companies participating on trade and investments missions Original Equipment and Component manufacturers in the Automotive sector Companies that do not qualify for EMIA scheme TIKZN Local and foreign owned enterprises s Black owned enterprises - R1m-35m New or existing local and foreign investors All capital goods sectors. It can be a new, expansion of existing projects and rehabilitation of existing projects All legal entities Co-operatives FILM Foreign owned qualifying productions with Qualifying South African 4
Production Expenditure of R12m and above SA production companies Non profit business organizations Companies that do not qualify for EMIA scheme Foreign and local companies All legal and registered entities Small, medium and large companies Companies involved in research and development activities Emerging contractors that are transacting business over R1m Contractors transacting business up to R500 000 All companies Original Equipment and Component manufacturers in the Automotive sector 5