A New program has just been released and is open for applications

24 May 2017

Dear Clients, Associates and Colleagues

The program, Agro-Processing Support Scheme (APSS) is applicable to activities that take place after harvesting of the product. It is apparent that this program is aimed at small to medium sized businesses. There are rumours that a more specialised program for large operators may be coming.

Salient features of the APSS
The following definition from the guidelines helps to understand the meaning of qualifying activities: Agro-processing/beneficiation entails changing the form of a product originating from agriculture, forestry and fisheries. The program covers the production of food and beverage, Furniture, Fibres, Feeds, Fertilizer, and also covers the cost of ripening, of packaging and of storage, as well as sawing (forestry), pulping, peeling and preservation.

New, as well as expansion projects are eligible and the grant varies between 20% and 30%, with a maximum grant of R20 million. Expenditure that will be subsidised includes, new equipment, commercial vehicles, own buildings, as well as costs to improve competitiveness. Assets already acquired do not qualify. Projects that have already started production are obviously also disqualified.

The challenge in this program lies in BEE certification (Level 4) and sourcing of raw materials from black suppliers (30%).

As with all new program guidelines, there are some anomalies. In this case it is around the timing of the project starting date and purchase date of assets. We are busy making enquiries to get clarity.

Please contact us if you are interested to apply or if you need more details.


Regards
Directors
Theo Meintjes
Petrus le Roux


LATEST NEWS

16 January 2019: Do you have cash flow problems?

We have funding available to help clients who experience cash flow pressures. Read more...

 
Level 4 BEE Certified 100% Recognition  

Dectra is rated once per year and provides a copy of our credentials on request.

ICA - Icentive Consultants Association Member  

The ICA is a voluntary association which aims to ensure good ethical and quality services in our industry and assists in liaising with the Department of Trade and Industry on behalf of all its members. Dectra has been a member since inception of the association in 2005.

www.incentiveconsultants.co.za

ISO 9001

 

Trusting us with large cash grant and subsidy claims, our clients need to be assured that our skills and procedures are of the highest standards. Our ISO 9001:2015 quality management system provides that assurance.