The Manufacturing Competitiveness Enhancement Programme (MCEP)
Industrial Financing and Loan Facilities
The Industrial Financing and Loan facilities comprises two components i.e. Pre and post-dispatch Working Capital Facility and the Industrial Policy Niche Projects Fund.
- Pre/Post-dispatch Working Capital Facility offers a working capital facility up to a maximum of R30 million for a period of up to four years, at a preferential fixed interest rate of 6%.
- Industrial Policy Niche Projects Fund: projects identified by the dti sector desks and IDC’s Strategic Business Units that focus on new areas with the potential for job creation, diversification of manufacturing output and contribution to exports, that would otherwise not be candidates for commercial or IDC funding, may be eligible for an MCEP grant that may be structured as part of the borrower’s equity contribution
For any correspondence regarding the MCEP Incentive please use the following e-mail – MCEP@thedti.gov.za
|Magdeline Thwala||MThwala@thedti.gov.za||(012) 394-1089|
|Thaka Lehohla||TLehohla@thedti.gov.za||(012) 394-1245|