This R8 million matched grant administered by the Department of Trade and Industry (DTI) can help you finance a bankable feasibility study

  1. The aim of the incentive is to co-fund feasibilities for:
    • new large-scale industrial projects in South Africa
    • capital intensive, industrial and infrastructure projects outside of South Africa, promoting the exporting of South African professional goods and services.
  2. It is a matched fund, meaning the project owner (you) must match the grant approved:

 

DTI Project Owner Project Location
50% to 70% 30 to 50% South Africa (industrial projects only)
55% 45% Africa (excl. SA)
50% 50% Outside Africa

 

It is a rebated fund, meaning you must spend first (invoices, proof of payment) prior to claiming the grant back.

  1. There are minimum local (SA) content requirements for project implementation:
    • 50% of total goods must be produced in South Africa,
    • 70% of total professional services should be South African, with a 10% subcontracting to black-owned professional firms.
  2. There is a requirement to have a pre-feasibility completed, with intention from funders to finance the implementation of the project.

With a push to reindustrialise South Africa, and with the infrastructural gap on the continent, this incentive will allow for South African participation in long term capital projects