DTI Co-operative Incentive Scheme Operational Guidelines

The Co-operative Incentive Scheme (CIS) aims to reinforce the initiatives of government towards the development and promotion of co-operatives as a viable form of enterprise in South Africa. The CIS is one of the government support measures towards realising the 2004-2014 objectives presented in the Government’s Co-operatives Development Strategy. The incentive scheme targets registered co-operatives operating in the emerging economy. It will cover the whole country and will make use of appointed field officials to reach co-operative enterprises. Ideally, one field officer could be responsible for coordinating projects in two designated provinces. CIS is offered as a 90% matching grant towards the qualifying expenditure incurred/to be incurred by the co-operative. The incentive scheme will operate for a period of five years, starting 2005/6 financial year. A co-operative is eligible for a total grant not exceeding R300 000-00.