Cluster competitiveness improvement
This production incentive provides financial assistance to clusters of enterprises that want to undertake collaborative efforts related to production and marketing.
The incentive offers a cost-sharing grant of 80 percent of the costs of the cluster activities, paid on completion of the business-development activities or milestones, to a maximum of R50m. The grant is provided directly to approved applicants based on costs incurred and subject to job retention.
To be eligible for the grant, the cluster should have five or more members who are registered tax-paying entities or non-profit organisations. Clusters may include entities in services sectors related to manufacturing, as well as organisations that provide business development support services to enterprises in the manufacturing sector.