Date post: | 21-Jan-2015 |
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Economy & Finance |
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21/05/2014
Getting hold of the investment incentives offered by the DTI.
Speaker: Theo Meintjes
An overview
Export Marketing & Investment Assistance
“EMIA”
Summary
EMIA
• Purpose• to promote exports of products • Foreign investment into SA
• How• A cash grant on input cost
• What• Subsidises traveling, brochures, exhibitions,
product registration, formation of councils
Main qualifiers
EMIA
• Have a product to export, not a service
• Trading history of at least one year
1. EMIA schemes
EMIA
1. Exhibitions2. Product registration3. Primary market research4. Outward selling missions5. Inward buying missions6. Export councils
Benefits
EMIA
• Brochures
100% /3 500 per trip
• Stand rental
100%/R50 000
• Product Registration
50%/R300 000
• Airfare
100%/R17 000
• Accommodation
R2 300/day
• Freight
100%/R20 000
Benefits: Inward Trade Missions
EMIA
• Organised by approved organisation
or
• One on One
Benefits differ• Airfare
• Daily allowance
• Car hire
Frequently asked questions
EMIA
• Different purpose, eg. sourcing new equipment
• Visiting shows• Visiting USA• More than one person
Conclusion
EMIA
• Valuable subsidy
• Reasonable administration
• Popularity during periods of weak currency
causes admin overload
• Some flexibility