Township and Rural Entrepreneurship Programme
The Township and Rural Empowerment Programmes (TREP) supports informal, micro and small enterprises and cooperatives in the rural and township economies. TREP provides blended finance and business development support to various sectors with a view of promoting their participation in the mainstream economy.
The Scheme is aimed at supporting small enterprises to:
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participate in the rebuilding and restructuring of the economy in townships and rural areas;
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necessitated by the emergence of the new world order;
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improve the quality and competitiveness of small enterprises for both domestic supply and export market; and
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seize opportunities in various sectors availed by the Covid-19 pandemic through the value chains and beyond.
Click here to submit application.
The Scheme supports all small enterprises operating in townships and rural areas that meet the qualifying criteria including but not limited to the following sectors:
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Clothing & Textile
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Bakeries & Confectionaries
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Tshisanyama and Cooked Food
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Retail (including restaurants, car washes, general dealers etc.)
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Automotive
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Personal Care
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Artisans
The financial package is structured at a maximum value of R1 000 000 that consists of:
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Maximum of R1 000 000 towards working capital, cost of equipment, or any other CAPEX (paid directly to supplier where applicable)
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The financial package will be offered in the form of a blended finance with 50% of the total approved amount being a Grant i.e., maximum grant amount of R100 000