The Department of Trade and Industry (the dti) invites applications for the Incubation Support Programme (ISP), a grant to develop incubators into successful enterprises with the potential to revitalise communities and strengthen local and national economies.
The ISP is a support measure to encourage partnerships between small and big business; with big business assisting small, medium and micro enterprises (SMMEs) with skills transfer, enterprise development, supplier development and marketing opportunities.
The grant is a cost-sharing scheme between Government and eligible applicants to a maximum of R 10 million per financial year over three years. Qualifying applicants include private-sector companies, registered higher or further education institutions, and licensed or registered science councils.
Target market:
- Private-sector entities;
- Higher/further education institutions;
- Science councils;
- Provincial government;
- Municipalities; and
- Business associations.
For more information call 0861 843 384 or visit www.thedti.gov.za
