The Support Programme for Industrial Innovation (SPII) is designed to promote technology development in South Africa’s industry, through the provision of financial assistance for the development of innovative products and/or processes.
SPII is focused specifically on the development phase, which begins at the conclusion of basic research and ends at the point when a pre-production prototype has been produced. The development should represent a significant advance in technology and its subsequent production must take place in South Africa.
The matching scheme provides financial assistance to all enterprises and individuals in the form of a non-repayable grant of up to a maximum of R5 million.
Allocation of funds is linked to BEE status.
The BEE status of the company applying for the funds dictates the amount of finance that can be provided:
Eligibility factors
Application process
Read through the guidelines before submitting your application. Download the application form by selecting the link at the bottom of the page. Submit the completed form by email to Mahlatsi Ndhlovu.
| Funding limits |
Minimum:
R0,00
Maximum:
R5 000 000,00
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| Your annual turnover |
Minimum:
Information not provided
Maximum:
Information not provided
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| Months in business |
Minimum:
0
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Bank Statements for Business Account (Last 6 months) electronically stamped and on bank letterhead.
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Certified ID Copy of Owners and Directors
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Business Registration Documents (CIPC), e.g., Cor14.3 or CK documents
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Statement of Assets and Liabilities (For all owners)
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Cashflow Projections (Income and expense budget for 12 months)
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Proof of Business Address (Lease agreement, title deed, or permit)
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Business Plan e.g., PDF of the final business plan
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Tax Clearance Certificate/Tax PIN On official SARS letterhead
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Management Accounts (Income statement, Balance sheet)
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Annual Financial Statements(Signed by Accountant)
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| Website | Go to funder website | Funder Email | |
| Phone | 021 394 1255 | FSP Number | Not provided |
| Address |
77 Meintjies Street Pretoria 1 Gauteng |
NCR Number | Not provided |