Black Industrialist Scheme (BIS)

Black Industrialists are eligible for up to R50million in grant funding on a cost-sharing basis with the DTI. This fund is available to majority black-owned and managed manufacturers.

For who?Majority (> 51%) black* owned and managed manufacturers
*in terms of the B-BBEE Codes of Good Practice, “Black” includes historically disadvantaged individuals of African, Indian, Coloured and Chinese decent.
For what?Capital expenditure requirements:
  • Plant, machinery and equipment
  • Commercial vehicles
  • Business development
What?
  1. Develop, prepare and submit application (including bankable business plan and financial models where required)
  2. Application facilitation and management
  3. Claim preparation, submission, facilitation and drawdown
Funder and typeDTI – Grant Fund (rebate)
Funds availableUp to R50 million per project
My contribution?Between 50%-70% of project costs – determined by a scoring system
Investment required?POA
B-BBEE level required?1-4

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Black Industrialist Scheme Brochure

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