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Co-Operatives Incentive Scheme (CIS)



About the Opportunity

The Co-operative Incentive Scheme (CIS) is a 100% grant for registered primary co-operatives (a primary co-operative consists of five or more members). The objective of the CIS is to improve the viability and competitiveness of co-operative enterprises by lowering their cost of doing business through an incentive that supports Broad-Based Black Economic Empowerment.


ELIGIBLE ACTIVITIES THROUGH THE GRANT:

  • Business development services (e.g. feasibility studies; business, manufacturing and production systems; and production efficiency and improvement, etc);

  • Technological improvements;

  • Machinery, equipment, and tools;

  • Commercial vehicles;

  • Infrastructure linked to the project (e.g. 3-phase electricity; boreholes, etc.); and

  • Working capital.


WHO BENEFITS / ELIGIBLE CRITERIA:

  • Eligible entities should:

  • be incorporated and registered in South Africa in terms of the Co-operatives Act of 2005;

  • be emerging co-operatives with a majority black ownership;

  • have projects in any of the different economic sectors;

  • adhere to co-operative principles;

  • be owned by historically disadvantaged individuals (HDIs); and

  • be biased towards women, youth, and people with disabilities.


For more information, please click:

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


To Apply, please click:

http://www.dsbd.gov.za/?wpdmpro=cis-application-form


Contact Details:

Tel: (+27) 861 843 384 email: info@dsbd.gov.za

Fax: (+27) 861 843 384


77 Meintjies Street Sunnyside Pretoria 0002

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