The Importance of good accounting practices

Accounting practices are intended to enforce a firm’s accounting guidelines and policies, it refers to the method by which its accounting policies are implemented and adhered to on a routine basis typically by an accountant and/or auditor. Accounting practices often provides entrepreneurs with the clearest picture of their businesses success. When things are financially unstable,…

How to apply for business grants

How to apply for business grants Applying for a grant requires plenty of preparation and research. To begin the grant-seeking process, you need to understand the different types of grants, what grant money can be used for, and what funding institutions expect from you before they award the grant. Grants for small business funding tend…

Frequently Asked Questions

Q: I have a majority black owned business for over a year that generates between R 250 000 to R35 million per year; which grant may i apply for? A: The BBSDP grant covers all businesses that meet this minimum criteria Q: I have a great idea but don’t the funds to pursue my goals. A: Visit…

Film and Television Incentives

Film Incentive (Film Incentive) Description The South African Government offers a package of film and television incentives to promote its video production and post-production industry. The incentives consist of theForeign Film and Television Production and Post-Production incentive to attract foreign-based film productions to shoot on location in South Africa and conduct post-production activities, and the South African…

AIS – Automotive Investment Scheme

The AIS is an incentive designed to grow and develop the automotive sector through investment in new and/or replacement models and components that will increase plant production volumes, sustain employment and/or strengthen the automotive value chain.   Eligible Enterprises Light motor vehicle manufacturers that have achieved or can demonstrate that they will achieve a minimum…

EMIA – Export Marketing and Investment Assistance

Description The Export Marketing and Investment Assistance (EMIA) scheme develops export markets for South African products and services and to recruit new foreign direct investment into the country. Objectives Provide marketing assistance to develop new export markets and grow existing export markets; Assist with the identification of new export markets through market research; Assist companies…

Stp – Seda Technology Programme

Seda Technology Programme (STP) 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.  Stp seeks to stimulate economic growth and development through facilitating technological innovation increasing the accessibility to, and utilisation of technology and technical support for small enterprises, whilst at the…

SSAS – Sector-Specific Assistance Scheme

The SSAS is a reimbursable 80:20 cost-sharing grant offering financial support to export councils, joint action groups and industry associations. The scheme comprises two sub-programmes, namely Generic Funding and Project Funding for Emerging Exporters (PFEE). The aim of the SSAS is aligned to the dti’s overall objectives in several respects, as indicated below. Eligible Enterprises…