The incentive programme offers cash grants to enterprises in the manufacturing sector that are not already catered for by programmes designed for their industries.
The MCEP benefit consists of two components: • A production incentive (PI), managed by the Department of Trade and Industry (the dti) • An industrial loan finance facility, managed by the Industrial Development Corporation (IDC)
Applications may be submitted from 4 June 2012 to 31 March 2018.
Who can apply for the incentive benefit?
• Entities involved in Manufacturing (SIC 3), Engineering & Support Services, Conformity assessment agencies (SIC 88220) servicing the manufacturing sector • The following sectors will be considered on merit of downstream job creation: - Manufacture of paper, pulp and board - Petroleum refineries and synthesisers - Processing of nuclear fuel - Manufacture of basic chemicals - Manufacture of basic iron and steel - Manufacture of basic precious and non-ferrous metals.