Manufacturing
Small Enterprise Manufacturing Support
The Small Enterprise Manufacturing Support Programme (SEMSP) is targeted at growing townships, rural towns and villages' economies, by providing support to small-scale manufacturers.
Opens the Old SMME Portal sign-in page.
Objectives
Programme objectives
- To provide furniture manufacturers, including coffin makers, with enterprise development support
- To provide manufacturers and suppliers of iron and steel products with business development services
- To provide manufacturers of chemical and related products with capacity-building support
- To provide agro-processors with business development services, technical skills, and infrastructure
- To open market access opportunities for manufacturing industry sub-sectors
- To forge partnerships with relevant role players in the manufacturing industry
Financial support
Financial support
- Funding to purchase machinery and equipment
- Working capital for the various manufacturing sub-sectors
- Funding for product accreditation, certification and testing
Terms
Funding terms
- Funding of up to a maximum of R15-million per small enterprise; up to 20% of the amount may be provided as a grant where necessary
- A repayment period of up to 84 months per small enterprise
- A capital and interest moratorium period of up to 6 months
- The loan will be repayable at prime lending rate
Eligibility
Who can apply?
- A registered legal entity under the Companies Act, Close Corporations Act, or Cooperatives Act
- 100% owned by South African citizens
- A minimum of two years operational
- Predominantly black-owned (51%)
- A predominantly black management team (51%)
- SARS registered and compliant (where applicable)
- Registered on the Department of Science & Innovation's Innovation Bridge Portal
How to apply