The DTIC and its subsidiary agencies are involved in promoting economic development, Black Economic Empowerment, implementing commercial law, promoting and regulating international trade, and consumer protection.
Types of Funding Opportunities offered
Agro-Processing Support Scheme (APSS) participation
The Agro-Processing Support Scheme (APSS) aims to stimulate investment by the South African Agro-processing / beneficiation (agri-business) enterprises. The investment should demonstrate that it will achieve some of the following:
- An applicant must submit a completed application form and business plan with detailed Agro-processing/beneficiation activities, budget plans, and projected income statement and balance sheet, for a period of at least three years for the project. The project/business must exhibit economic merit in terms of sustainability.
- The application must be submitted within the designated application window period, prior to the start of processing/beneficiation or undertaking activities being applied for. Any assets bought and taken into commercial use or competitiveness improvement costs incurred before applying for the incentive will be considered as non-qualifying.
- For existing entities, submit the latest financial statements, reviewed by an independent external auditor or accredited person, not older than 18 months.
- The approved entity may not reduce its employment levels from the average employment levels for a 12-month period prior to the date of application, and these employment levels should be maintained for the duration of the incentive period/ agreement.
South Africa Black film Incentive
- South African black-owned qualifying productions and documentaries with a total production budget of R500 000 and above.
- At least 14 calendar days and 80% of principal photography must be filmed in South Africa; for productions with a minimum QSAPE of R50 million, this requirement may be waived.
- A minimum of 75% of the total production budget (TPE) must be QSAPE.
- Both the Director and Producer must be a Black South African citizen who are also credited for their role in the production.
- The top writer and producer credits must include South African citizens either exclusive or shared collaboration credits.
- The majority of the five (5) highest-paid performers must be South African citizens.
- The majority (51%) of Heads of Departments (HODs) and key personnel must be black South African citizens.
- Have been in existence, operational and involved in the film industry for at least six months, with at least a 10-minute trailblazer or short film produced.
- Both the holding company and SPCV must achieve at least a level 2 B-BBEE contributor status respectively, in terms of the B-BBEE Codes of Good Practice