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SMALL AND MEDIUM ENTREPRISE DEVELOPMENT PROGRAMME

(SMEDP)

OBJECTIVE

The objective of this incentive is to create wealth, generate employment, develop entrepreneurship, promote empowerment, utilize local raw materials, contribute to the sustainability of projects, etc.

ACCESS CRITERIA

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Available country wide to local and foreign firms investing not more than R100 million in land, buildings, plant and equipment in new projects or expansion of existing projects

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Legal entities as well as sole proprietors and partnerships (excl. trusts) engaged in qualifying manufacturing, high value agricultural projects and agro-processing, aqua-culture, bio-technology, tourism information and communication technology investments, recycling, culture industry and business services may apply

DESCRIPTION

 Trader Horn will assist you to access this incentive package which provides:

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An investment grant for two years on approved qualifying assets e.g. 10% p.a. on the first R5 million invested, etc.

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An additional investment grant payable in the third year based on the ratio of Human Resources remuneration expressed in terms of manufacturing costs, minimum of 30% required

Information Request Form

SMALL AND MEDIUM ENTREPRISE DEVELOPMENT PROGRAMME

Select the items that apply, and then let us know how to contact you.

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Have a salesperson contact me

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Last modified: 08/15/02.