Home  |  About SPII  |  Schemes  |  SPII Legacy  |  Annual Reports  |  Useful Links  |  Contact Us

•  Intro  Vision & Mission  Structure & Management  Annual Reports

•  PPD Scheme  Matching Scheme  Partnership Scheme

•  Award Winners  Success Stories

•  Announcements  Media Releases  Newsletters

•  Admin & Management  Structure

•  Intro  Application Process  Rules  Application Form  Application Form Part2

•  Intro  Application Process  Rules  Application Form  Application Form Part2

•  Intro  Application Process  Rules  Application Form  Application Form Part2

MATCHING SCHEME

The Matching Scheme provides financial assistance in the form of a taxable non-repayable grant of between 50% and 75% (depending on the shareholding by BEE, women and persons with disabilities) of qualifying costs incurred in pre-competitive development activity associated with a specific development project up to a maximum grant amount of five million Rand (R5 000 000).

Financial assistance under the Matching Scheme is also provided to large companies on a 50% matching basis. A large company is as defined in the Small Business Act of 2003 or any act replacing it. The incentives for BEE and women participation provided under the Matching Scheme do not apply to large companies.

BEE Incentives

The following BEE incentives apply to small and medium companies under the Matching Scheme:

• For enterprises with =25% BEE shareholding, the grant is 50% of qualifying costs;
• For enterprises with >25% but =50% BEE shareholding, the grant is 65% of qualifying costs;
• For >50% shareholding by women or people with disabilities, the grant is 65% of qualifying costs; and
• For enterprises with BEE shareholding of >50%, the grant is 75% of qualifying costs.