🌟 Grant for Manufacturers πŸ­πŸ’‘πŸš€ Startups & Expansion πŸ’ΌπŸ“ˆ

Black Industrialist Scheme BIS from the DTIC

Dear Successful Entrepreneur!

Are you ready to take your manufacturing venture to the next level? οΏ½πŸ’‘ The Black Industrialist Scheme (BIS) is here to help you grow, and we’re here to guide you every step of the way! πŸš€

The BIS can be used with the National Empowerment Fund (NEF) and the Industrial Development Corporation (IDC), offering a DTI grant of up to R50 million for ventures in key production sectors. πŸŒπŸ’°

🏭 Eligible Sectors Include: a. 🌊 Blue/ocean economy, including vessel building and repair b. β›½ Oil and gas c. 🌱 Clean technology and energy d. ⛏️ Mineral beneficiation e. ✈️ Aerospace, rail, and automotive components f. πŸ—οΈ Industrial infrastructure g. πŸ“‘ Information communication technologies h. 🌾 Agro-processing i. πŸ‘• Clothing, textiles, leather, and footwear j. πŸ“„ Pulp, paper, and furniture k. πŸ§ͺ Chemicals, pharmaceuticals, and plastics l. ☒️ Nuclear m. 🚚 Manufacturing-related logistics n. 🏭 Designated sectors for localisation

βœ… Key Requirements:

  • Your investment must be above R30 million.

  • Black shareholding needs to be over 50%.

  • Black shareholders must hold management positions.

  • The BEE partner must take financial risks and invest a substantial amount.

πŸ“„ What You’ll Need:

  • A comprehensive business plan.

  • A financial model.

  • Supporting documents to validate your business assumptions.

πŸ’Ό How We Can Help: We specialise in:

  • Advising on the overall rules and regulations of the grant

  • Crafting winning business plans and financial forecasts.

  • Assisting with grant applications and capital raising.

πŸ“§ Reply to this email, and Anne will be in touch to guide you. Let’s turn your vision into reality! 🌟

πŸš€ Empowering Industrialists, Building the Future πŸš€

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