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South Africa Cooperative Incentive Scheme

This scheme is for cooperatives formed with five or more black members. A co-operative is a body of people who come together for mutual benefit either in a social, economic or cultural way. This scheme aims to promote cooperatives on a 90:10 cash basis grant by assisting cooperatives to meet their start-up requirements. The maximum amount that this scheme offers is R350 000.

This scheme is offered to cooperatives incorporated and registered in the Republic of South Africa (RSA) that are operating in emerging sectors within rural and semi-urban areas whilst abiding by the principles of cooperatives. This scheme is biased towards woman, youth and disabled individuals. Significant emphasis has been placed on this area by DTI.

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Specifications

Program website

http://www.dsbd.gov.za/?page_id=1220

Type

Grant

Geographical Scope

Southern Africa

Funding / Investment / CapBuild type

Grant/Cost Sharing

Contact information

E-mail

contactus@thedti.gov.za

Last update

Date

16-05-2018

Status

Accepting Applications Check Website

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