Introduction to funding opportunities
Do you know you can benefit from tax allowances and grants if you...
If you don’t, Eskom is pleased to outline the benefits of five product offerings developed by the National Treasury and South African Revenue Services in conjunction with the Department of Finance and the Department of Trade and Industry, and with the support of the Industrial Development Corporation and the South African National Energy Development Institute:
Sharing important information on how to help reduce your energy investment costs forms part of Eskom’s commitment to help customers’ action their business plans and expand, thereby stimulating economic growth and generating employment.
12L Tax Allowance – when you start-up or expand your business on the basis of adhering to a culture of energy productivity.
12I Tax allowance – when you do a Greenfield investment in a new industrial project that utilises only new and unused manufacturing assets, or when you do a Brownfield investment to expand or upgrade an existing industrial project.
APSS (Agro Processing Support Scheme) grant- when you start new agro processing and agro-beneficiation businesses or expand/improve existing agro-processing and beneficiation business.
CIP (Critical Infrastructure Programme) grant – when you build critical infrastructure that will open up and support investment opportunities or enable investments to fully deliver on their potential.
MCEP (Manufacturing Competitive Enhancement Programme) grant or loan - when you start or expand manufacturing business that improve competitiveness and create/retain jobs in the industrial sector.
E-mail an enquiry to AdvisoryService@eskom.co.za for further assistance.