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Free State Business 2022

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is renting out 18 850 sqm standalone factory including Furniture<br />

FDC<br />

Machinery, Equipment, and Furniture for <strong>Business</strong><br />

Manufacturing<br />

SPECIAL FEATURE<br />

Manufacturing<br />

Key components of the incentive<br />

programme are the Manufacturing<br />

Incentive Programme<br />

(MIP) and the Manufacturing<br />

Competitiveness Enhancement<br />

Programme (MCEP). The initial<br />

MCEP, launched in 2012,<br />

was so successful that it was<br />

oversubscribed with almost 890<br />

businesses receiving funding.<br />

A second phase of the programme<br />

was launched in 2016. The grants are<br />

not handouts as the funding covers a maximum<br />

of 50% of the cost of the investment, with the<br />

remainder to be sourced elsewhere.<br />

The Enterprise Investment Programme (EIP)<br />

makes targeted grants to stimulate and promote<br />

investment, BEE and employment creation in the<br />

manufacturing and tourism sectors.<br />

Aimed at smaller companies, the maximum<br />

grant is R30-million. Specific tax deductions are<br />

permissible for larger companies investing in the<br />

manufacturing sector under Section 12i of the<br />

Income Tax Act.<br />

Other incentives<br />

Other incentives that are available to investors as<br />

well as existing businesses in more than one sector<br />

include the following:<br />

• Technology and Human Resources for Industry<br />

Programme (THRIP)<br />

• Support Programme for Industrial Innovation (SPII)<br />

• Black <strong>Business</strong> Supplier Development Programme<br />

(BBSDP), which is a cost-sharing grant offered to<br />

black-owned small enterprises<br />

• Critical Infrastructure Programme (CIP) that covers<br />

between 10% and 30% of the total development<br />

costs of qualifying infrastructure<br />

• Co-operative Incentive Scheme, which is a<br />

90:10 matching cash grant for registered primary<br />

co-operatives<br />

• Sector Specific Assistance Scheme, which is a<br />

reimbursable 80:20 cost-sharing grant that can be<br />

applied for by export councils, joint action groups<br />

and industry associations.<br />

I N D U S T R I A L P R O P E R T Y T O R E N T I N H A R R I S M I T H<br />

FDC is renting out 18 850 sqm standalone factory including Furniture<br />

O P E R T Y T O R E N T I N H A R R I S M I T H<br />

Manufacturing Machinery, Equipment, and Furniture for <strong>Business</strong><br />

R P L A I R T S U D N I<br />

Operation..<br />

The factory is Situated at Site 2277 in Harrismith and close proximity to all amenities, on<br />

Operation..<br />

main arterial routes and Quick access onto N3 <strong>Free</strong>way.<br />

This factory offers the following:<br />

2277 in Harrismith and close proximity to all amenities, on<br />

Site at Situated is factory The<br />

Sprinkler System.<br />

and Quick access onto N3 <strong>Free</strong>way.<br />

routes arterial main<br />

factory offers the following:<br />

Security Guard House<br />

This<br />

System.<br />

Well fenced and secured<br />

Sprinkler<br />

Ample parking<br />

Doors<br />

Roller 4<br />

3 phase power with 100 amps<br />

House<br />

Guard Security<br />

8 toilets, 6 offices and boardroom, reception, kitchen and separate warehouse ablutions with<br />

secured<br />

and fenced Well<br />

Ample parking<br />

phase power with 100 amps<br />

Occupation available immediately. Please contact Mr Tefo Matla for more<br />

3<br />

toilets, 6 offices and boardroom, reception, kitchen and separate warehouse ablutions with<br />

information or to view:<br />

8<br />

shower<br />

4 Roller Doors<br />

shower<br />

Tel: 051 4000 800 Email: tefo@fdc.co.za www.fdc.co.za<br />

available immediately. Please contact Mr Tefo Matla for more<br />

FDC IS ZERO TOLERANCE TO FRAUD AND CORRUPTION.PLEASE REPORT FRAUD AND<br />

Occupation<br />

information or to view:<br />

CORRUPTION INCIDENTS TO THE FRAUD HOTLINE 0800 212 154<br />

Incentives for SMMEs<br />

Tel: 051 4000 800 Email: tefo@fdc.co.za www.fdc.co.za<br />

FDC IS ZERO TOLERANCE TO FRAUD AND CORRUPTION.PLEASE REPORT FRAUD AND<br />

CORRUPTION INCIDENTS TO THE FRAUD HOTLINE 0800 212 154<br />

A lot of emphasis is placed on the potential<br />

role of small, medium and micro enterprises in<br />

job creation and a number of incentives are<br />

designed to promote the growth of these<br />

businesses. These include:<br />

• Small Medium Enterprise Development Programme<br />

Programme (SMEDP) (SMEDP)<br />

• Isivande Women’s Fund<br />

• Seda Technology Programme (Stp).<br />

• Seda is the Small Enterprise Development Agency,<br />

an agency of the Department of Small <strong>Business</strong><br />

Development that exists to promote SMMEs.<br />

Trade-related incentives<br />

The Export Marketing and Investment Assistance<br />

(EMIA) Scheme includes support for local<br />

businesses that wish to market their businesses<br />

internationally to potential importers and<br />

investors. The scheme offers financial assistance<br />

to South Africans travelling or exhibiting abroad<br />

as well as for inbound potential buyers of South<br />

African goods. ■<br />

Online Resources<br />

De partment of Trade, Industry and Competition:<br />

www.thedtic.gov.za<br />

<strong>Free</strong> <strong>State</strong> Development Corporation:<br />

www.fdc.co.za<br />

Industrial Development Corporation:<br />

www.idc.co.za<br />

Official South African government incentive<br />

schemes: www.investmentincentives.co.za<br />

2523 FREE STATE BUSINESS 2021 <strong>2022</strong>

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