Critical Infrastructure Programme Incentive assistance for SMME’s…

Critical Infrastructure Programme Description 

CIP is an investment incentive that the South African government is implementing to stimulate investment growth in line with the Industrial Master Plans and the National Industrial Policy Framework (NIPF). 

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It  is  a  cost-sharing  (except  in  the  case  of  state-owned  industrial  parks  and  distressed  municipalities) incentive that is available to approved applicants as may be approved by the AC.   

The programme aims to leverage investment by supporting infrastructure, agro-processing projects, state owned  testing  facilities,  South  African  film  and  television  studios  and  cinemas,  state-owned  industrial parks, strategic feasibility studies and projects that alleviate dependency on the national grid, water and sanitation networks deemed critical or of a strategic nature, thereby lowering the cost of doing business.  

  • In  the  case  of  infrastructure  projects  alleviating  dependency  on  the  national  grid,  water  and sanitation networks, the municipality/Eskom/relevant authority must be involved. The investor must obtain a concurrence from the municipality/Eskom/relevant authority that even if the infrastructure is  within  private  control,  the  municipality/Eskom/relevant  authority  has  documented  concurrence that it has access to the infrastructure. 

  • Clean/green  energy  infrastructure  for  the  purposes  of  selling  to  other institutions/customers  on condition that the rate of supply takes the CIP grant into consideration, will qualify. 

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  • Municipal/Eskom infrastructure projects located within a Special Economic Zone (SEZ) can be supported under CIP. However, the relevant authority must give concurrence that it has access to the infrastructure. Such infrastructure should not be funded/supported under the SEZ fund. 

  • Projects where the infrastructure and the investment are the same, that is, where the investment is the actual infrastructure, will be considered. The applicant must be transformed in terms of ownership and the projects must show meaningful black professionals participation in the management of the operations. 

Should you be interested in applying for the business grant, Dream Team Capital can assist you. Contact us today for professional assistance in streamlining your application for the Critical Infrastructure Programme incentive grant.