What is the Clothing Textiles Footwear and Leather Growth Programme (CTFLGP)?
The programme support for the Clothing Textile Footwear Leather (CTFL) sectors through five policy levers of the Department of Trade, Industry and Competition (the dtic):
- Clothing Textiles Footwear and Leather Growth Programme (CTFLGP) to boost customised financing and value chain competitiveness;
- Designation of Clothing Textile Footwear Leather under Preferential Procurement Policy Framework Act Regulation for 100% local contents;
- Retail – Clothing Textile Footwear Leather (R-CTFL) Masterplan 2030;
- Developing and implementing policies for improved growth, competitiveness, new decent jobs and sustainability of the Clothing Textile Footwear Leather industries; and
- Enabling innovation and technology demonstration, value chain strategies as well as the development of relevant skills for the sectors through the various clusters.
- The incentive will support job growth, industry output, enhance the sector’s competitiveness, promote inclusivity and transformation, encourage industrial development and innovation while adjusting to technological disruptions.
The architecture of the scheme is aimed at bringing “additionality” in the following forms: localization & import replacement (onshoring product manufactured to SA), job creation (growth and sustainability), production output increase, increasing of exports and aligning to government policy on
transformation, women advancement, youth, etc. thereby aligning to the Masterplan aspirations.
Additionality is measured through the following three things:
- Growth in real output (e.g. sales volume, exports, etc.) focusing on import replacement,
- Job growth and
- Broadening participation (e.g. B-BBE transformation, start-ups,
- SME’s, targeted sub-groupings (Women, Youth and People With Disabilities).
Should you be interested in applying for the business grant, Dream Team Capital can assist you.
