SMME Development Financial Assistance (Incentives)
Incubation Support Programme (ISP)
The Department of Trade and Industry (the dti) initiated the Incubation Support Programme (ISP) to develop incubators and create successful enterprises with the potential to revitalise communities and strengthen local and national economies. In continuing to strengthen economic development through broadening participation in the economy, the ISP aims to ensure that small, micro and medium enterprises (SMMEs) graduate into the mainstream economy through the support provided by the incubators. The ISP is one of the support measures to encourage partnerships in which big business assists SMMEs with skills transfer, enterprise development, supplier development and marketing opportunities.
seda Technology Programme (Stp) is a division of seda (Small Enterprise Development Agency) focusing on technology business incubation, quality & standards and technology transfer services & support to small enterprises.
Kindly note that the Shared Economic Infrastructure Facility (SEIF) is no longer administered by the Department of Trade of Industry (the dti) as the programme has now been transferred to the Department of Small Business Development (DSBD).
Small Medium Enterprise Development Programme (SMEDP)
PLEASE NOTE: The SMEDP scheme has been suspended on 31 August 2006 (Media Release). Please note that NO applications will be accepted by the dti after 31 August 2006. The guidelines and policy decisions are only applicable to Applicants who have submitted their applications on or before 31 August 2006; to Applicants who have received a decision from the Manufacturing Development Board; to Applicants who received an SMEDP contract; and Applicants who are in terms of the SMEDP contract allowed to submit claims for the SMEDP scheme.
The Department of Trade and Industry (the dti) initiated the Strategic Partnership Programme (SPP) to develop and support programmes/interventions aimed at enhancing the manufacturing and services supply capacity of suppliers with linkages to strategic partner’s supply chains, industries or sectors.
Support Programme for Industrial Innovation (SPII)
The Support Programme for Industrial Innovation (SPII) is designed to promote technology development in South Africa’s industry, through the provision of financial assistance for the development of innovative products and/or processes. SPII is focussed specifically on the development phase, which begins at the conclusion of basic research and ends at the point when a pre-production prototype has been produced.