• About Us
  • Write for Us
  • Paid Content Solutions
  • Contact Us
ExpertHub
  • HOME
  • LAUNCH
  • BUSINESS
  • LEADERSHIP
  • MONEY
  • SUCCESS
  • NEWS
    • All
    • Company Posts
    • ExpertHub Today
    Transunion Global Capability Centres Boom

    Global Capability Centres Boom As They Move Up The Value Chain

    Global Tech companies

    Global Tech Companies Are Turning To South Africa For Media And Marketing Expertise

    Innovation Summit

    Innovation Summit 2021 Showcases SA’s Top Tech Entrepreneurs

    Three customer experience strategies you’re missing-23Sep21

    Three Customer Experience Strategies You’re Missing

    Embracing digital 1st world, SMBs confid. to thrive-23Sep21

    Embracing A Digital-First World, SMBs Can Have The Confidence To Thrive

    SAB Foundation Calling All Entrepreneurs Tholoana Entps. Prog.

    Applications for SAB Foundation Are Now Open

    Trending Tags

    • About Us
      • Write for Us
      • Paid Content Services
      • Contact Us
    No Result
    View All Result
    • HOME
    • LAUNCH
    • BUSINESS
    • LEADERSHIP
    • MONEY
    • SUCCESS
    • NEWS
      • All
      • Company Posts
      • ExpertHub Today
      Transunion Global Capability Centres Boom

      Global Capability Centres Boom As They Move Up The Value Chain

      Global Tech companies

      Global Tech Companies Are Turning To South Africa For Media And Marketing Expertise

      Innovation Summit

      Innovation Summit 2021 Showcases SA’s Top Tech Entrepreneurs

      Three customer experience strategies you’re missing-23Sep21

      Three Customer Experience Strategies You’re Missing

      Embracing digital 1st world, SMBs confid. to thrive-23Sep21

      Embracing A Digital-First World, SMBs Can Have The Confidence To Thrive

      SAB Foundation Calling All Entrepreneurs Tholoana Entps. Prog.

      Applications for SAB Foundation Are Now Open

      Trending Tags

      • About Us
        • Write for Us
        • Paid Content Services
        • Contact Us
      No Result
      View All Result
      ExpertHub
      No Result
      View All Result
      Home LAUNCH Funding Directory Government Funding

      What You Need To Know About DTI Funding

      This article will differentiate between DTI funding for start-ups and for existing and established businesses.

      Nadia Rawjee by Nadia Rawjee
      Apr 11, 2019
      in Government Funding
      5.6k
      What-You-Need-To-Know-About-DTI-Funding
      1.3k
      SHARES
      Share on FacebookShare on TwitterShare on LinkedIn

      RelatedTopics

      Anglo Khula Mining Fund

      Khula SME Fund

      GroFin Africa Fund

      There are certain misconceptions around funding available from the Department of Trade and Industry (DTI), as well as the other non-traditional or developmental finance institutions (DFIs).

      Related:3 Top Tips SMEs Should Be Aware Of When Accessing Funding

      Firstly, it’s important to know that funding is available but may take upward of 12 months to obtain.

      Success in accessing these funds revolves around which institution and specific fund you approach, how and when you apply and whether your business, and the activities you wish to fund, fits within the funders’ mandates.

      Furthermore 99% of grant funds require that:

      • Applicants apply before investing and/or
      • Applicants are rebated their investment and funds are not disbursed before the investment or expenditure and/or
      • Applicants prove they have access to matched funding.

      Start-Up Funds (less than 1 year of track record)

      Funding for start-ups usually requires the business owner or team to have experience in the field, have a secured market and may require corporate or institutional partners.

      • Aquaculture Development and Enhancement Programme: For new, upgrading or expansion projects in primary, secondary or ancillary aquaculture activities in both marine and freshwater
      • Black Industrialist Scheme: For the expansion of existing industrial businesses having majority black** shareholding and management control, including the purchasing of these shares
      • Global Business Services Incentive (GBS): For the establishment and expansion of offshore companies’ call centres in South Africa
      • *Co-operative Incentive Scheme: For tools, machinery and equipment, as well as business development services
      • Incubation Support Program: Funding of business incubators supported by corporates or a “big brother”
      • *Isivande Women’s Fund: Debt financing for majority women owned businesses
      • *Support Program for Industrial Innovation: Financial assistance for projects that develop innovative technology products and/or processes in South African industry. It is focused specifically on the phase that begins at the conclusion of basic research (at the stage of proof of concept)
      • Technology and Human Resources for Industry Program: To provide funding for skills development in industry. Applicants must be partnered with a SA Research Institution.
      • The South African Emerging Black Filmmakers Incentive: South African black owned qualifying productions with a total production budget of R1 million and above.

      Related:Marnus Broodryk Shares Alternative Funding Solutions And How You Can Finance Your Growth

      Existing & Established Businesses

      Typically, existing and established businesses have at least 1 to 2 years of track record (including up to date financials and tax clearance certificates) and the eligibility varies between the funds.

      The below funds are applicable to existing and established businesses:

      • Aquaculture Development and Enhancement Programme
      • Automotive Investment Scheme: For expansion of manufacturing in the automotive sector; including vehicles and parts to be supplied to Original Equipment Manufacturers (OEMs)
      • Black Industrialist Scheme
      • *Black Business Supplier Development Programme: For 51% black owned businesses for tools, equipment and machinery, as well as business support
      • Global Business Services Incentive (GBS)
      • Capital Projects Feasibility Programme: For funding the feasibility of large capital projects internationally
      • Critical Infrastructure Programme: For the establishment of critical infrastructure in an economic area e.g. roads, power supply etc.
      • *Clothing and Textile Competitiveness Improvement Programme: For investments made by an operational textile business
      • *Co-operative Incentive Scheme
      • Export Marketing and Investment Assistance: For the exhibition of goods produced in SA at trade shows internationally
      • Foreign-Film and Television Production & Post-Production Incentive: For foreign film-makers
      • SA Film and TV Production and Co-Production: For the production of South African films and TV shows
      • Incubation Support Programme
      • *Isivande Women’s Fund
      • Manufacturing Competitiveness Enhancement Programme: Funding for expansion including tools, machinery, equipment, resource efficiency and product development for manufacturers
      • *Support Program for Industrial Innovation
      • *Technology and Human Resources for Industry Programme
      • The South African Emerging Black Filmmakers Incentive

      * Funded by the DTI, but managed by other institutions.

      ** The BBBEE Codes of Good Practice definition of “black”: A South African citizen that is African, Coloured, Indian or Chinese prior to 1994.

      Related:The Ultimate Guide To New Business Funding

      Nadia Rawjee

      Nadia Rawjee

      Quick Links

      • Business Plan Advice
      • Business Plan Format Guide
      • Business Plan Format
      • Sample Business Plans

      NEWSLETTER SIGN-UP

      Sign-up for Weekly ExpertHub Updates

      * indicates required




      EXPERT INSIGHTS

      Mo Rafi - 4 Banking Secrets

      4 Banking Secrets That Most People Don’t Know About

      by Mo Rafi

      Mo Rafi founded Rafi Credit Consulting Inc, a private consulting firm based in Toronto, Canada.

      RevenuePartners Time Management for Sales Teams

      Advice from RevenuePartners to hack sales team productivity

      by Andrew Honey

      Time management is one of the costliest challenges in business today. Here are 6 hacks from RevenuePartners to help you...

      Top Reasons Why You Should Study Business Administration

      Top Reasons Why You Should Study Business Administration

      by Adrian Lomezzo

      Administration course, these reasons should help you make the right choice

      Effective Video Strategies For Your Online Store

      Effective Video Strategies For Your Online Store

      by Frank Hamilton

      Video marketing is an incredibly powerful digital marketing technique. Here’s how you can use it for e-commerce to promote your...

      • HOME
      • LAUNCH
      • BUSINESS
      • LEADERSHIP
      • MONEY
      • SUCCESS
      • NEWS
      • About Us
        • Write for Us
        • Paid Content Services
        • Contact Us
      • About Us
      • Write for Us
      • Paid Content Services
      • Contact Us
      • Terms & Conditions
      • Data Privacy Policy
      • Privacy Policy
      • Sitemap

      Copyright © 2022 ExpertHub.info
      Revenue Growth Experts

      No Result
      View All Result
      • HOME
      • LAUNCH
      • BUSINESS
      • LEADERSHIP
      • MONEY
      • SUCCESS
      • NEWS
      • About Us
        • Write for Us
        • Paid Content Services
        • Contact Us

      Copyright © 2022 ExpertHub.info
      Revenue Growth Experts

      Login to your account below

      Forgotten Password?

      Fill the forms bellow to register

      All fields are required. Log In

      Retrieve your password

      Please enter your username or email address to reset your password.

      Log In