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- π§΅πππGrants and loans for the Clothing, Textiles, Footwear & Leather Industryπ§΅πππ
π§΅πππGrants and loans for the Clothing, Textiles, Footwear & Leather Industryπ§΅πππ
with grants and reduced interest rates
Dear Successful Entrepreneur!
The IDC offers grants and loans with reduced interest rates to the Clothing, Textiles, Footwear & Leather Industries with its CTFLGP. π§΅πππ
Qualifying applicants should manufacture products that undergo a value-adding manufacturing process and form part of one or more of the following processes:
π Clothing manufacturing.
π§Ά Textile manufacturing.
βοΈ Cut, Make and Trim (CMT) operators in the manufacturing processes mentioned.
π Footwear manufacturing.
π Leather goods manufacturing.
π Leather processing (specifically for the Leather Goods and Footwear Industries and automotive leather industry).
The IDC developed 4 different funds:
Programme A: Competitiveness Improvement - interest-free loan with up to 50% as a grant π°
Programme B: Expansionary Working Capital - interest-free loan over 5 years for up to R 10 million π΅
Programme C: Start-up Funding - interest-free loan, up to R 5 million, with up to 75% as a grant π
Programme D: Cluster Funding πΌ
βIf you'd like to determine if you qualify for this fund or need assistance with the required business plan and support to apply for this fund, please reply to this email, and Anne can guide you. π
To Your Success
Your Funding Connection Team
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