The DTI has a range of funding schemes available for entrepreneurs. Financial assistance from the DTI can take the form of cost-sharing incentives, loans or grants, and mentorship programmes.
Loans available to South African business owners and start-ups are:
- Isivande Women’s Fund
- Khula
Grants available through the DTI include:
- Aqua-culture Development and Enhancement Programme (ADEP)
- Automotive Investment Scheme (AIS)
- Black Business Supplier Development Programme (BBSDP)
- Business Process Services (BPS)
- Capital Projects Feasibility Programme (CPFP)
- Critical Infrastructure Programme (CIP).
- The Co-operative Incentive Scheme (CIS)
- Incubation Support Programme (ISP)
- The Manufacturing Competitive Enhancement Programme (MCEP)
- Manufacturing Investment Programme (MIP)
- National Youth Development Agency (NYDA)
- People-carrier Automotive Investment Scheme (P-AIS)
- The Sector Specific Assistance Scheme (SSAS)
- Support Programme for Industrial Innovation (SPII).
How to access DTI funding
For more information on the kinds of funds, loans, grants and incentives available and each scheme’s application criteria, visit http://www.thedti.gov.za/financial_assistance/financial_assistance.jsp
Contact details for the DTI
For more information about funding from the DTI, visit www.thedti.gov.za, email contactus@thedti.gov.za, or call 0861 84 33 84.
Source: Entrepreneur.SA on September 25, 2013