Co-Operatives Incentive Scheme (CIS)

About the Opportunity

The Co-operative Incentive Scheme (CIS) is a 100% 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.

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.

For more information, please click:

http://www.dsbd.gov.za/?page_id=1220

To Apply, please click:

http://www.dsbd.gov.za/?wpdmpro=cis-application-form

Contact Details:

Tel: (+27) 861 843 384 email: info@dsbd.gov.za

Fax: (+27) 861 843 384

77 Meintjies Street Sunnyside Pretoria 0002