Agro-Processing Support Scheme(APSS) Application Window Period
Agro-Processing Support Scheme next designated application window for the receipt? of applications will be extended from?1 April 2019 until further notice. You are requested to kindly submit accurate and completed applications with all relevant supporting documentation by email firstname.lastname@example.org
The Agro-Processing Support Scheme (APSS) aims to stimulate investment by the South African agro-processing / beneficiation (agri-business) enterprises. The investment should demonstrate that it will achieve some of the following:
Increased capacity, employment creation, modernised machinery and equipment, competitiveness and productivity improvement and broadening participation.
- The scheme offers a 20% to a 30% cost-sharing grant to a maximum of R20 million over a two-year investment period, with a last claim to be submitted within six months after the final approved milestone.
- the dti?may consider an additional 10% grant for projects that meet all economic benefit criteria such as employment, transformation, geographic spread and local procurement.
- The maximum approved grant may be utilised on a combination of investment costs provided the applicant illustrates a sound business case for the proposed investment activities.
- An applicant must submit a completed application form and business plan with detailed agro-processing/beneficiation activities, budget plans and projected income statement and balance sheet, for a period of at least three years for the project. The project/business must exhibit economic merit in terms of sustainability.
- The application must be submitted within the designated application window period, prior to start of processing/beneficiation or undertaking activities being applied for. Any assets bought and taken into commercial use or competitiveness improvements costs incurred before applying for the incentive will be considered as non-qualifying.
- For existing entities, submit latest financial statements, reviewed by an independent external auditor or accredited person, not older than 18 months.
- The approved entity may not reduce its employment levels from the average employment levels for a 12-month period prior to the date of application, and these employment levels should be maintained for the duration of the incentive period/ agreement.
- Minimum qualifying investment size, including competitiveness improvement cost, will be at least R1 million.
Contact details to be used for Incentive Applications and Claims from 27 March 2020
|Ms Suzan Chiloaneemail@example.com||012 394 1208|
|Ms Semakaleng Mangwedifirstname.lastname@example.org||012 394 1073|
|Ms Rinny Mmakauemail@example.com||012 394 1618|
- Agro-Processing Support Scheme Guidlines (141KB)
- Terms and Conditions (242 KB)
- Agro-Processing Support Scheme Balance Sheet (122 KB)
- Agro-Processing Support Scheme?Claim form (262 KB)
- Credit Input
- Factual Findings Report (45 KB)
- Agro-Processing Support Scheme?Application Form (265 KB)
- Asset and Employment List
- Invoice Reconciliation Sheet