The Department of Trade and Industry (DTI) has announced that the window for receipt of applications for the Agro Processing Support Scheme will be extended indefinitely.
This is in an attempt to help entrepreneurs in the agriculture sector get greater access to expansion finance.
The grant offers up to R20m in funding for qualifying businesses.
This grant fund is available to new and existing agro-processing facilities, including a range of
processing or beneficiation activities of:
– Post-harvest, that result in value addition and/or enhanced storage life
– The forestry value-chain may also include sawing, pulping, peeling and preservation
The APSS will be targeted at five (5) key identified sub-sectors (focus areas) as follows:
(i) Food and beverage value addition and processing (including Black winemakers);
(ii) Furniture manufacturing;
(iii) Fibre processing;
(iv) Feed production; and
(v) Fertilizer production
Qualifying Assets & Investments include:
New equipment, tools and machinery
Commercial vehicles
Buildings
Competitive improvement
If you would like assistance in applying for this grant, please complete the form below and one of our team will be in contact with you to discuss further.