Assessment of Cooperatives in the Poultry Industry - 2013.pdf - Seda

Research Report: Addressing the Needs, Opportunities and Challenges of Cooperatives and Collectively Owned Enterprises in the Poultry
and Related Industries
Support Organisation Purpose and Function Main Services Target Groups
17) Eastern Cape Job
Stimulus Fund
18) Imvaba– EC Provincial
Cooperative
Development Fund
Ensuring that skills,
infrastructure and policies
support business development
The primary mandate of
this Stimulus Fund is to
incentivise the creation of
new Jobs located within
the Eastern Cape by
attracting, Sector specific,
catalytic investments which
stimulate sustainable new
jobs across the value
chain.
The primary mandate of this
Fund is to support and empower
cooperatives in the Eastern
The objective of the EC Jobs Stimulus Fund is
to incentivise the saving, retention and
creation of sustainable jobs located within
the Eastern Cape by attracting sector specific,
catalytic investments which stimulate
economic growth and provide jobs.
The main focus of the fund will be to promote
the viability of the cooperative enterprise in
the province. It will serve as a revolving fund
Any business
operating within
the geographical
boundaries of the
Eastern Cape
Province;
Any business which,
at the time, has not
yet begun its
operations but has
secured all
necessary funding
and facilities
required to operate
as a going concern
Companies with
South African and /
or non-South
African
shareholders;
Tax, legislative
compliant and
solvent companies.
Cooperatives in the
mining and services
sectors
Restrictions and
Fees
Jobs must be created
within a 15 month time
period from 1st July
2012 to 15th October
2013
Depending on the type
of cooperative to be
established
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