COVID-19 DTI Support

IDC COVID-19 essential supplies intervention

30 March 2020

The IDC COVID-19 Essential Supplies Intervention is established to provide funding to companies for the acquisition and/or the manufacturing of essential supplies on an urgent basis to combat the COVID-19 other products that are critical to the treatment and curtailment of the spread of the disease.
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Funding for COVID-19 MedTech intervention

24 March 2020

The Department of Trade and Industry has established a fund to support COVID-19 interventions. There are a number of qualifying criteria and only for the identified priority products.

Qualifying Criteria:

  • Available for working capital and plant & equipment requirements;
  • Available to companies that have been operational for at least a year;
  • Companies must have a valid contract/purchase order or letter of intent;
  • Only applicable to manufacturers of the targeted priority products as listed below;
  • Companies with BBBEE Level 4 will be encouraged.
  • Funding provided can be stand-alone MCEP funding or blended with IDC.

Download the qualifying criteria, Instruments and Pricing. For more information, contact Swasthi Soomaroo on SSoomaroo@thedti.gov.za
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