Co-operatives Development Financial Assistance (Incentives)
Co-operative Incentive Scheme (CIS)
The Co-operative Incentive Scheme (CIS) is a 90:10 cost-sharing grant for registered primary co-operatives (a primary co-operative consists of five or more members). The objective of the CIS is to improve the viability and competitiveness of co-operative enterprises by lowering their cost of doing business through an incentive that supports Broad-Based Black Economic Empowerment.
Objectives
- Promote co-operatives through the provision of a matching grant;
- Improve the viability and competitiveness of co-operative enterprises by lowering the cost of doing business;
- Assist co-operatives to acquire their start up requirements;
- Build an initial asset base for emerging co-operatives to enable them to leverage other support; and
- Provide an incentive that supports broad-based black economic empowerment.
Eligible activities through the grant:
- Business development services (e.g. feasibility studies; business, manufacturing and production systems; and production efficiency and improvement, etc);
- Technological improvements;
- Machinery, equipment and tools;
- Commercial vehicles;
- Infrastructure linked to the project (e.g. 3-phase electricity; boreholes, etc.); and
- Working capital.
Who benefits / Eligible criteria:
Eligible entities should:
- be incorporated and registered in South Africa in terms of the Co-operatives Act of 2005;
- be emerging co-operatives with a majority black ownership;
- have projects in any of the different economic sectors;
- adhere to co-operative principles;
- be owned by historically disadvantaged individuals (HDIs); and
- be biased towards women, youth and people with disabilities.
Download the Domicilium and Resolution (Right Click > Save Target As)
Please contact the following people with regards to CIS online application queries:
Mmakopa Makwela : MMakwela@thedti.gov.za 012 394 5815
Jamela Nkabinde: JNkabinde@thedti.gov.za 012 394 5814
Kesentseng Moche: KMoche@thedti.gov.za 012 394 5830
For more information contact:
Physical address:
the dti Campus Building A
77 Meintjies Street
Sunnyside
PRETORIA
Administrators Secretariat:
+27 (12) 394 1425
Business Development Unit:
+27 (12) 394 1115
+27 (31) 305 3389
+27 (41) 582 1267
+27 (21) 480 8051/60
