Assessment of Cooperatives in the Poultry Industry - 2013.pdf - Seda
Assessment of Cooperatives in the Poultry Industry - 2013.pdf - Seda
Assessment of Cooperatives in the Poultry Industry - 2013.pdf - Seda
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Research Report: Address<strong>in</strong>g <strong>the</strong> Needs, Opportunities and Challenges <strong>of</strong> <strong>Cooperatives</strong> and Collectively Owned Enterprises <strong>in</strong> <strong>the</strong> <strong>Poultry</strong><br />
and Related Industries<br />
Support Organisation Purpose and Function Ma<strong>in</strong> Services Target Groups<br />
8) <strong>Cooperatives</strong><br />
Incentive Scheme<br />
9) National<br />
Empowerment Fund<br />
(NEF)<br />
Provides 90:10 cost-shar<strong>in</strong>g<br />
grants for registered cooperatives<br />
to improve <strong>the</strong>ir viability and<br />
competitiveness.<br />
The NEF advances B-B BEE<br />
through transformation and<br />
fund<strong>in</strong>g solutions to <strong>in</strong>crease <strong>the</strong><br />
economic participation <strong>of</strong> black<br />
owned bus<strong>in</strong>esses and<br />
entrepreneurs.<br />
corporate governance, management,<br />
market<strong>in</strong>g, productivity and technology<br />
on a 80:20 cost shar<strong>in</strong>g basis<br />
Activities eligible as part <strong>of</strong> <strong>the</strong> grant <strong>in</strong>clude<br />
bus<strong>in</strong>ess development services, technological<br />
improvements, commercial vehicles,<br />
necessary <strong>in</strong>frastructure, mach<strong>in</strong>ery,<br />
equipment, tools and work<strong>in</strong>g capital<br />
The Imbewu Fund:<br />
• Entrepreneurship F<strong>in</strong>ance: Risk capital<br />
and mentorship<br />
• Procurement F<strong>in</strong>ance: Provides work<strong>in</strong>g<br />
capital to complete procurement<br />
contracts<br />
• Franchise F<strong>in</strong>ance: Provides equity<br />
shortfall for <strong>the</strong> establishment <strong>of</strong> a South<br />
African franchise<br />
Rural and Community Development: Aims to<br />
<strong>in</strong>crease ownership and management by<br />
workers, cooperatives and o<strong>the</strong>r collectives<br />
Non-F<strong>in</strong>ancial Bus<strong>in</strong>ess Support: Provides<br />
ongo<strong>in</strong>g support <strong>in</strong>clud<strong>in</strong>g fund<strong>in</strong>g advice,<br />
plann<strong>in</strong>g, management skills, mentorship<br />
programmes, legal services and strategies for<br />
bus<strong>in</strong>esses <strong>in</strong> distress<br />
Strategic Projects Funds: Provides venture<br />
capital f<strong>in</strong>ance with<strong>in</strong> identified growth<br />
sectors<br />
<strong>Cooperatives</strong> with a<br />
majority black<br />
ownership<br />
Supports black<br />
owned bus<strong>in</strong>esses<br />
and entrepreneurs<br />
Restrictions and<br />
Fees<br />
R35 million per year<br />
<strong>Cooperatives</strong> must be<br />
registered and have at<br />
least 5 members<br />
Available to established<br />
formal bus<strong>in</strong>esses with<br />
over 51% black<br />
ownership<br />
No fees for mentorship<br />
and bus<strong>in</strong>ess support<br />
services<br />
108 | P a g e U r b a n - E c o n : D e v e l o p m e n t E c o n o m i s t s