South Africa - Enroll in Co-operative Incentive Scheme (CIS)

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Procedure

Apply In-Person:

1. To apply for enrolling in Co-operative Incentive Scheme in person, the applicant has to visit the office of Department of Small Business Development.
2. The address and contact details of the office of DSBD can be found in the following link: Link
3. Visit the office of DSBD and get the application form for enrolling in Co-operative Incentive Scheme from the relevant department. Or click here to download: Link
4. Complete the form as required with relevant details. Make sure that you have all the documents listed in the “Required documents” section of this page.
5. After completing the application form, attach all the documents required for the process with the completed form.
6. Then, proceed to submit the package to the relevant authority at the office for further processes. Make the payment as necessary.
7. After all the processes have got completed, the concerned authorities will proceed to make the arrangements for the enrolment process.
8. The applicant can obtain any information regarding the progress of his/her request, from the office where the application has been made.

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Required Documents

• Completed and signed application form
• Original and valid SARS Tax Clearance Certificate
• Business plan
• Co-operative resolution
• Three competing and comparable quotations
• Signed Constitution copy
• Copies of Director’s curriculum vita
• Certified copies of ID’s
• Letter of Motivation (as required)
• Confirmation letter from bank (start-up)
• Three months bank statement (expansion)
• Project Financial Statement (start-up)
• Financial Statement for Expansions (Existing)

Refer “Application Information required” section in the following document for more clarifications: Link

Office Locations & Contacts

Small Business Development - Head Office
Physical Adsress:The dti, 77 Meintjies Street,
Sunnyside, Pretoria,
0001
South Africa
Postal Adsress:Private Bag X672,
Pretoria,
0001
South Africa
Phone:0861 843 384 / 012 394 5535/1813
Fax: 012 394 1006
Email: [email protected]
[[email protected] Website link]

Small Enterprise Development Agency (SEDA) - Head Office
Physical Adsress: The Fields, Office Block A,
1066 Burnett Street Hatfield
0833
South Africa
Postal Adsress: P.O Box 56714,
Arcadia,
0007
South Africa
Tel: +27 12 441 1000
Fax: +27 12 441 2064
Email:[email protected]
Website link

Small Enterprise Finance Agency (SEFA) - Head Office
Physical Adsress: Byls Bridge Office Park,
Cnr Olievenhoutbosch Street & Jean Avenue,
Building 14, Block D,
11 Byls Bridge Boulevard
Highveld Extension 73
Centurion,
0157
South Africa
Tel: 012 748 9600
Email:[email protected]
Website link

Eligibility

• The entities applying for the scheme should be incorporated and registered in South Africa in terms of the Co-operatives Act.
• The entities should be the co-operatives that are emerging with a majority black ownership.
• The entities should be having projects in any of the different economic sectors and they should adhere to the Co-operative principles.

For more clarifications, refer “Mandatory criteria” sections in the following document: Link

Fees

Please approach the authorities for fees details.

Validity

Explain the time until which the certificate/document is valid.
e.g. Birth Certificate Valid Forever

Documents to Use

Application form: Link

Sample Documents

Please attach sample completed documents that would help other people.

Processing Time

Please explain processing time taken in obtaining the document/certificate.

Related Videos

Videos explaining the procedure or to fill the applications.
Attach videos using the following tag <&video type='website'>video ID|width|height<&/video&> from external websites.
Please remove the '&' inside the tags during implementation.
Website = allocine, blip, dailymotion, facebook, gametrailers, googlevideo, html5, metacafe, myspace, revver,
sevenload, viddler, vimeo, youku, youtube
width = 560, height = 340, Video ID = Can be obtained from the URL of webpage where the video is displayed.
e.g In the following url 'http://www.youtube.com/watch?v=Y0US7oR_t3M' Video ID is 'Y0US7oR_t3M'.

Instructions

• Please complete the application with utmost care providing all the information legibly without any mistakes in order of avoid rejection of proposals.

• Also, attach all the necessary documents with the completed form, complying with all the criteria set for the documents submission.

• Programme guidelines: Link

Required Information

• Applicant’s details
• Directors’ Information
• Particulars of the company
• Business operations
• Employment information
• Financial information
• Tax clearance PIN

Need for the Document

The Co-operative Incentive Scheme (CIS) is a 100% grant for registered primary co-operatives (a primary co-operative consists of five or more members). The objective of the CIS is to improve the viability and competitiveness of co-operative enterprises by lowering their cost of doing business through an incentive that supports Broad-Based Black Economic Empowerment.

Information which might help

Refer: Link

Other uses of the Document/Certificate

Please explain what are other uses of obtaining this document/certificate.
e.g. Birth Certificate can be used as proof of identity.

External Links

Link

Others

More information which might help people.