The Support Programme for Industrial Innovation (SPII)
SPII funds projects from Technology development, technology and market validation, process/ product development and market ready.
This incentive was designed to provide financial assistance for the development of commercially viable, innovative products and/or processes and facilitate
commercialization of such technologies.
South African private-sector enterprises. Specific provisions apply under the different schemes.
Product Process Development Scheme - Provides financial assistance to small, very small and micro-enterprises and individuals in the form of a
non-repayable grant. A percentage of 'qualifying' costs incurred in the pre-competitive development activities associated with a specific Maximum of R2m grant. Matching Scheme - A percentage of 'qualifying' costs incurred in the development activities of a specified development project. Maximum of R5m grant. The Partnership Scheme - The levy-based grant is based on a percentage of sales over a fixed number of years. The levy percentage and repayment period are established at the time of the grant. R 10 million (minimum contribution).