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Trade,Export and Investment Financial Assistance (Incentives)
 

Aquaculture Development and Enhancement Programme (ADEP)

Frequently Asked Questions

Description

The Aquaculture Development and Enhancement Programme (ADEP) is an incentive programme available to South African registered entities engaged in primary, secondary and ancillary aquaculture activities in both marine and freshwater classified under SIC 132 (fish hatcheries and fish farms) and SIC 301 and 3012 (production, processing and preserving of aquaculture fish). The grant is provided directly to approved applications for new, upgrading or expansion projects.

The programme offers a reimbursable cost-sharing grant of up to a maximum of R30 million qualifying costs in machinery and equipment; bulk infrastructure; owned land and/or buildings; leasehold improvements; and competitiveness improvement activities as outlined in section 8 of the ADEP guidelines.

Objectives

The objective of the ADEP is to stimulate investment in the aquaculture sector with the intention to:

  • Develop emerging agriculture farmers;
  • Increase production;
  • Sustain and create jobs and
  • Encourage geographical spread.

Benefits

The ADEP offers a reimbursable cost-sharing grant of up to a maximum of R30 million qualifying costs in:

  • Machinery and equipment(owned or capitalised financial lease);
  • Bulk infrastructure;
  • Owned land and/or buildings;
  • Leasehold improvements;
  • Competitiveness improvement activities and
  • Commercial vehicles and work boats (owned or capitalised financial lease).

Eligible Enterprises

  • Primary Aquaculture Operations
    • Brood stock operations;
    • Seed production operations;
    • Juvenile (spat, fry, fingerling) operations, including hatchery and nursery facilities;
    • On-growing operations, including but not limited to rafts, net closures, net pens, cages, tanks raceways and ponds.

  • Secondary Aquaculture Operations
    • Primary processing for aquaculture (post-harvest handling, eviscerating, packing, quick freezing);
    • Secondary processing for aquaculture (filleting, portioning, packaging);
    • Tertiary processing for aquaculture (value adding: such as curing, brining, smoking, further value adding such as terrines, roulades, pates, paters);
    • Waste stream handling for aquaculture (extraction of fish oils, protein beneficiation, organic fertilizers, pet feeds, animal feeds).

  • Ancillary Aquaculture Operations
    • Aquaculture feed manufacturing operations;
    • Research and Development projects related to aquaculture;
    • Privately-owned aquaculture veterinary services (farm inspections, disease surveillance and control, histopathological analysis, etc. specifically for the aquaculture industry).