Bakeries And Confectioneries Business Support Scheme
- hustlersnetworking
- Apr 8, 2021
- 1 min read
About the Scheme
The scheme is aimed at supporting small scale bakeries and confectioneries operating as micro or informal businesses
What does it Do:
Financial Support (loans)
• Maximum of R20, 000 working capital for bakeries which is inclusive of revolving credit facility
• Maximum of R10, 000 working capital for confectioneries which is inclusive of revolving credit facility
• Facilitate access to bulk buying and SEFA-backed revolving credit facility for input materials through participating wholesalers
• Optional to the scheme is a contribution towards a once-off cost of equipment (paid directly to equipment supplier) based on needs
Business Development Support
• Assist with compliance with Minimum Bread and Confectionery Nutritional Requirements (approved dough mix) and the related testing;
• Facilitate compliance with Environmental Health and Food Safety Regulations;
• Training on shop floor management and conformity; and
• Business and financial management training and mentorship
• Facilitate stepped-up access to market through off-take agreements
Who can apply?
• Owner-managed micro, informal (home-based) and cooperative bakeries and confectioneries
• Bakeries and confectioneries with turnover of less than R500, 000 can apply for both financial and business development support
• Small-scale bakeries and confectioneries with turnover of more than R500, 000 only qualify for business development support
For more Information, please click:
To Apply, please Register on this database:
Contact Details:
0860 663 7867 or 0860
info@dsbd.gov.za | info@mybindu.org.za
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