Sunday, October 26, 2008

GRANTS for tourism and manufacturing industries

The Department of Trade & Industry has launched a new incentive scheme called the 'Enterprise Investment Programme' (EIP), which caters for Manufacturing activities under Manufacturing Investment Programme (MIP) and Tourism activities under the Toursim Support Programme (TSP).
The EIP rewards qualifying entities that wil be investing in qualifying assets with a Tax Free non-refundable Cash Grant that is claimable over 2 to 3 years, depending on the value of the qualifying assets. New or expanding businesses may apply.

http://www.dti.gov.za/teo/eip.htm

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