Co-operatives Incentive Scheme (CIS)
Successful applicants are given cash grants so that their cooperative can obtain good quality services that will help them to grow their business. The Cooperative Incentive Scheme helps cooperatives from all industries: textiles, services, energy, agriculture, print, film, and video production, consumer and housing. For a cooperative to qualify for a grant, it needs to:
- be mainly black-owned
- be actively helping to create employment and overcome poverty
- be registered according to the Cooperatives Act, 14 of 2005
- have a simple Business Plan, which must be attached to applications forms
- provide quotations for the services for which it requires funding.
How to register a co-operative
To register your cooperative, you will need to fill in Form CR1 – Application for registration of primary/secondary/tertiary cooperative. You will then be notified of the other forms you will need to fill in, in the course of registering your cooperative.
012 394-1425/394-1608
Website: www.thedti.gov.za