Gauteng Business 2016 edition
The 2016 edition of the Gauteng Business and Investment Guide is the premier business and investment guide for the Gauteng province and the Gauteng Growth and Development Agency (GGDA). In addition to detailed profiles of key provincial organisations, including the GGDA, the Automotive Industry Development Corporation Centre (AIDC), the Gauteng Investment Centre, the Gauteng IDZ, the Gauteng ICT Park SEZ and Constitution Hill, this edition includes well-researched economic and demographic data on the province, as well as insights into the province’s five development corridors and the new industries and development nodes in these corridors; a focus on Gauteng as a global city region; and key growth sectors for the province.
The 2016 edition of the Gauteng Business and Investment Guide is the premier business and investment guide for the Gauteng province and the Gauteng Growth and Development Agency (GGDA). In addition to detailed profiles of key provincial organisations, including the GGDA, the Automotive Industry Development Corporation Centre (AIDC), the Gauteng Investment Centre, the Gauteng IDZ, the Gauteng ICT Park SEZ and Constitution Hill, this edition includes well-researched economic and demographic data on the province, as well as insights into the province’s five development corridors and the new industries and development nodes in these corridors; a focus on Gauteng as a global city region; and key growth sectors for the province.
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
SPECIAL FEATURE<br />
advantaged entrepreneurs and enterprises in obtaining the requisite<br />
professional services such as ISO/SABS quality certification, debt and<br />
equity finance, proper business planning, packaging, legal advice,<br />
technology needs and marketing.<br />
• Grants – Co-operative Incentive Scheme (CIS)<br />
Cost-sharing grants are provided through the CIS to co-operative<br />
enterprises with a view to enhancing the competitiveness and viability<br />
of these enterprises. The CIS programme provides matching<br />
grants of 90 percent (up to a maximum of R300 000) for costs related<br />
to business development.<br />
• Grants – Small Enterprise Development Agency (SEDA) Technology<br />
Programme (STP)<br />
The STP offers a range of services and financial assistance to small<br />
enterprises, particularly those operating in the informal sector.<br />
Export Incentives<br />
• Grants – Emerging Exporters Development Programme<br />
The Emerging Exporters Development Programme offers financial<br />
support to export councils, industry associations, provincial investment<br />
promotion and economic development agencies, business chambers,<br />
and SEDA with a view to assisting these organisations to promote the<br />
development of emerging exporters.<br />
• Grants – Capital Projects Feasibility Programme<br />
The Capital Projects Feasibility Programme provides grants to South<br />
African registered companies to undertake feasibility studies. The value<br />
of the grants range between R100 000 and R5-million; and, in the case<br />
of feasibility studies for projects outside of Africa, grants are capped at<br />
a maximum of 55 percent of the total cost of the study.<br />
• Rebates – Imported goods, raw materials and components used<br />
in the manufacture or processing of goods for export<br />
Tax Exemptions – Limiting the VAT registration and administrative<br />
burden faced by non-residents<br />
VAT exemptions are available through licensed customs and excise<br />
storage warehouses in South Africa in order to limit the VAT registration<br />
and administrative burden faced by non-residents.<br />
• Export Incentives – Industry-specific<br />
The primary objective of the Clothing and Textile Competitiveness<br />
Improvement Programme (CTCIP) is to build capacity in manufacturing<br />
and in other areas of the apparel value chain in South Africa. The incentives<br />
are provided in the form of<br />
a matching grant of 75 percent of<br />
project costs on cluster projects<br />
and 65 percent of project costs for<br />
company level projects.<br />
Industrial Financing<br />
Finance is available through<br />
the Industrial Development<br />
Corporation (IDC) at a competitive<br />
risk-relative interest rate to<br />
promote the establishment of<br />
permanent infrastructure Equity<br />
funding amounting to between<br />
R1-million and R30-million per<br />
project (with maximum firstround<br />
funding of R15-million and<br />
the right, but not obligation, to<br />
provide follow-on funding up to<br />
maximum of R30-million).<br />
Municipal Incentives<br />
Certain municipalities within<br />
<strong>Gauteng</strong> provide additional<br />
incentives that are specific to<br />
the municipal area. In this respect,<br />
location-specific incentives<br />
are available in both the<br />
City of Tshwane and the City<br />
of Johannesburg metropolitan<br />
municipalities.<br />
45 GAUTENG BUSINESS <strong>2016</strong>