cdsp

CO-OPERATIVE DEVELOPMENT SUPPORT PROGRAMME:

The Co-Operative Development Support Programme‭ (‬CDSP‭) ‬is a programme of the Department of Small Business Development with an objective to support co-operative enterprises financially and non-financially in partnership with other key strategic stakeholders‭.‬‭  ‬The CDSP programme offers blended financing to eligible co-operatives on a cost-sharing funding of a combination of a grant and loan‭. ‬The grant funding portion of funding is capped at R2.5‭ ‬million towards qualifying activities‭. ‬The grant support is available for machinery‭, ‬equipment‭, ‬infrastructure‭, ‬commercial vehicles and business development support necessary to grow co-operative enterprises to ensure that the co-operative enterprise develop to be more sustainable and competitive‭.‬

APPLICATION PROCESS‭ ‬

  • Proof of Registration on the National SMME Database‭: ‬https‭://‬smmesa.gov.za‭ ‬
  • Complete the simplified online application form available from www.dsbd.gov.za‭ ‬
  • Proof of registration and compliance with SARS‭; ‬
  • CIPC Registration Documents‭ (‬e.g‭. ‬Constitution‭, ‬CR‭- ‬10‭) ; ‬
  • FICA documents‭ (‬e.g‭. ‬Municipal accounts‭, ‬letter from traditional authority‭); ‬
  • Three‭ (‬3‭) ‬competing and comparable quotations‭; ‬
  • Lease Agreement or Permission to Occupy‭ (‬P.T.O‭); ‬
  • CVs and certified ID Copies of Directors/founding members‭; ‬
  • Three‭ (‬3‭) ‬Months Bank Statements‭; ‬
  • Detailed Business Plan‭; ‬
  • Three‭ (‬3‭) ‬year cash flow projections‭; ‬
  • Latest Annual Financial Statements or Management Accounts not older than three‭ (‬3‭) ‬months from date of application in the case of expansion‭; ‬
  • Relevant Industry Certification‭ ‬–‭ ‬where applicable‭; ‬
  • Details of the loan facility‭; ‬and‭ ‬
  • To prevent‭ ‬“double dipping”‭ ‬the applicant must submit a sworn affidavit regarding support received from the State in the five-year period preceding the application‭.‬