The Department of Trade and Industry (DTI) has launched an incentive scheme called the Black Industrialist Scheme (BIS). The objective of the scheme is to unlock potential of black industrialists within the SA economy through financial interventions.
The BIS offers a cost-sharing grant ranging from 30% to 50% to approved entities to a maximum of R50 million. The quantum of the grant will depend on the level of black ownership and management control, the economic benefit of the project and the project value.
Download Brochure: Black Industrialist Scheme