GrantB-BBEE Required

Automotive Investment Scheme

Department of Trade, Industry and Competition (Government Agency)

Overview

Grants for automotive manufacturers investing in new projects or expanding existing facilities. Get 20-35% of your investment back.

Funding AmountR 5 000 000 - R 500 000 000
CoverageNational
Business StageGrowth, Established

Full Description

AIS supports investment in the automotive sector through grants for new or expansion projects. Covers 20-35% of qualifying investment in vehicle and component manufacturing.

Eligibility Criteria

Min. Annual TurnoverR 20 000 000
Min. Years Trading2 years
Min. B-BBEE LevelLevel 4
Target SectorsAutomotive, Automotive components

Prepare Your Application

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Automotive Investment Scheme | Okhantu FundingOS | Okhantu