Theo Meintjes' presentation on the DTI Production Incentives for the Textile Industry at the Cap40.

1. 1
21/05/2014
Getting hold of the investment
incentives offered by the DTI.
Speaker: Theo Meintjes

2. Compiled and Presented by
Dectra (Pty) Ltd
CTCP
PRODUCTION INCENTIVE FOR THE
TEXTILES INDUSTRY
dectraPROJECT FINANCE & GRANTS SPECIALISTS

3. DTI support programs
CTCP
 Administered by IDC
 Ends 31 March 2016

4. DTI support programs
Main Qualifiers
 Classified as textiles industry

5. DTI support programs
What support?
 PIP Production Incentive Programme
 CIP Competitiveness Improvement Prgrm

6. DTI support programs
Who Qualifies?
1. Clothing
2. Textiles
3. CMT
4. Footwear
5. Leather Except automotive
6. Design Houses with CMT
partners

7. DTI support programs
How Much?
 Maximum: MVA x 7.5%
 Preceding year
 MVA = Manufactured Sales less Material
cost

8. DTI support programs
PIP: What for?
 Upgrade grant facility

9. DTI support programs
Upgrade grant (PIP)
 Plant & Equipment upgrade
 Acquire new
 Staff development
 Process improvement
 Material optimisation
 Product Development
 Market development

10. DTI support programs
CIP: What for
 Interventions that improve competitiveness
 Examples
 Restructuring factory layout
 Training

11. DTI support programs
How to claim
 Use within 24 months
 Retrospective up to start of previous fiscal year
 Provide invoices
 Paid to applicant or supplier