
During these engagements, the DTI said it discovered that the highest percentage grant benefit of 61% was being awarded to larger enterprises while only 39% of the grant went to small and medium-sized enterprises.
“After this, it was decided that some ‘tightening measures’ were required so that the MCEP can support as many entities as possible,” the DTI said in a statement.
An analysis of the total grant approved also indicated that 4% of the total grant commitment went to small entities with assets below R5-million, while 10% went to those with assets between R5-million and R30-million.
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