The Black Industrialist Scheme is a grant for manufacturer

Dear Successful Entrepreneur!

The black industrialist scheme can be used in conjunction WITH THE NEF AND IDC. The DTI grant of up to R 50 million is available for ventures in the following production sectors:

• a. Blue/ocean economy, including vessel building and repair

• b. Oil and gas

• c. Clean technology and energy

• d. Mineral beneficiation

• , e. Aerospace, rail, and automotive components

• f. Industrial Infrastructure

• g. Information communication technologies

• h. Agro-processing

• I. Clothing, textiles/leather and footwear

• j. Pulp, paper, and furniture

• k. Chemicals, pharmaceuticals, and plastics

• l. Nuclear

• m. Manufacturing-related logistics

• n. Designated sectors for localisation

Make sure your investment is above R 30 million, black shareholding needs to be over 50%, and the black shareholders need to be in management positions. The BEE partner needs to take financial risks and invest a substantial amount.

You will need a business plan, financial model, and a list of documents to prove your assumptions in your business plan. We can assist you with the business plan and financial forecast and the grant application and capital raising. Please reply to this email, and Anne will be able to guide you.

To Your Success

Your Funding Connection Team

Landline: +27 (0)31 761 8677 or Cellphone +27 (0)61 542 4037

Headquarters: 2 Old Main Road, Hillcrest Office Park, Hillcrest, KZN 3610