KZN Investment:Gijima KZN
A Great Opportunity for the Private Sector to Initiate Subsidised Growth Projects



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A Great Opportunity for the Private Sector to Initiate Subsidised Growth Projects

2014-04-29

The Gijima Programme was instituted to support market-led development by providing a percentage of costs, on a competitive basis, to partnership groups.

Phase V of this provincial support programme is now open for the submission of concept proposals.

The Fund's objectives are to:
  • Support local partnerships that create decent employment opportunities
  • Promote partnerships that facilitate firm level and value chain based competitiveness
Partnerships between enterprises and among enterprises within clusters and supply chains are eligible.
Full details and forms can be found on the Gijima website.

Projects must create sustainable employment and reflect some private sector investment of funds. They must also have one or more of the following objectives:
  • New, innovative and and viable economic development ideas
  • Specific sectors and clusters of industries in order to reposition KZN into higher value-added segments of supply chains
  • Particular sectors that high potential to boost employment
  • Economic development iniatives which are aligned with municipal LED plans, as well as the provincial and national growth strategies
  • Positive economic outcomes for youth and women
Funding available is between R1m and R5m. This will be up to 70% of the total direct costs of the project. The 30% contribution must be in cash.

Closing date, Friday, 30th May 2014.




A Great Opportunity for the Private Sector to Initiate Subsidised Growth Projects

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