Support Programme for Industrial Innovation
The Support Programme for Industrial Innovation (SPII) is designed to promote technology development in South Africa’s industry, through the provision of financial assistance for the development of innovative products and/or processes. SPII is focused specifically on the development phase, which begins at the conclusion of basic research and ends at the point when a pre-production prototype has been produced.
- Product Process Development Scheme – Provides financial assistance to small, very small and micro-enterprises and individuals in the form of a non-repayable grant. A percentage of ‘qualifying’ costs incurred in the pre-competitive development activities associated with a specific Maximum of R2m grant.
- Matching Scheme – A percentage of ‘qualifying’ costs incurred in the development activities of a specified development project. Maximum of R5m grant.
- The Partnership Scheme – The levy-based grant is based on a percentage of sales over a fixed number of years. The levy percentage and repayment period are established at the time of the grant. R 10 million (minimum contribution).