Under the EIP - Enterprise Investment programme for business grants, manufacturers may now claim back as much as 30% of their proposed investment in plant and machinery, spread over a period of three years. Your company’s building may also form part of the incentive deal under certain conditions.

The tourism industry is not left behind and can similarly enjoy the incentives of these business grants, based on the investment in tour buses, hotels and lodges, pleasure boats, etc.

The main purpose behind these incentives is to boost the production capacity of your factory or tourism facility, while accelerating the creation of jobs.

What We Do

The SA government offers a basket of various business grants and Incentives, such as the EIP - Enterprise Investment programme, tax grants for research and development and many more. Whether you need advice on EIP incentives or export incentives, manufacturing incentives or production incentives, we can show you how to get hold of these business grants, because we have a proven track record of having assisted more than 800 businesses over the last 15 years. In total, we have secured payments of more than R200 million for our clients, a figure that continues to grow. Referrals are available on request.

But remember, terms and conditions apply and your application must reach the DTI at least three months prior to the commissioning of your new operation or expansion. No exceptions! This is why you need expert help, so contact us today!

Formentco Consultants (Pty) Ltd is a founding member of the Incentive Consultants Association and operates from their offices at 326 Serene Street, Garsfontein, PRETORIA

Important: Although we are based in Pretoria, we work countrywide: Cape Town, Durban, Port Elizabeth and all other main regional centres.