The SMEDP incentive programme for local and foreign-owned Small and Medium Business Enterprises
The SMEDP in an incentive programme that provides cash grants through the Department of Trade and Industry (DTI), in order to promote both local and foreign investments in South African business entities. This incentive programme is available to both new business startups and also expanding entities, so long as they meet the governing criteria and qualifications. The amount of financial assistance granted to a proposed project will be based upon the number and value of qualifying assets it owns.
Tax-free Cash Incentives of up to 30% of the cost price of Qualifying Assets
Although this incentive programme entertained applications until the end of August 2006, claims for approved projects are still being processed by the Department of Trade and Industry. Therefore, immense problems in having your claims paid out are still being experienced by many.
Instead of trying to pick your way through the bureaucratic minefield of government offices yourself, seek the assistance of a knowledgeable incentive consultant to help you to obtain cash grants under the SMEDP incentive programme, instead of wasting your time calling government officials who don’t answer their phones, or don’t understand what you’re talking about.
We’ll provide a competent incentive consultant to work out the best incentive package for your business.
Fill your details using the contact form below and we’ll arrange for one of our incentive programme specialists to contact you. He’ll work out the best course of action to obtain these incentives.
Or call one of our advisors for more information on:
Tel: +27 (012)348 5871
Fax: +27 (012)348 3287