The Agri-Industrial Fund Aims To develop competitive, economically viable activities in agro-processing (food and non-food) sectors by developing local and regional resources to supply domestic demand and increase international trade.
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Supporting a range of economically viable activities in agro-processing including food & non-food sectors, the Industrial Development Corporation in partnership with the Department of Agriculture, Land Reform & Rural Development DALRRD offer the Agri-Industrial Fund.
Prioritising local and regional resources to supply domestic demand and increase participation in international trade, this specific scheme aims to address funding constraints faced by black farmers and breaking entry barriers to commercial farming.
The Agri-Industrial Fund is a blended finance programme that will also be utilised to develop and implement high-impact black-owned large-scale commercial agricultural projects in the following agro-processing including food and non-food sectors;
Central to the recovery of South Africa’s local economy, the Agri-Industrial Fund aims to support the development and expansion of the agricultural sector by assisting qualifying black producers and investees in developing, expanding, acquiring, and integrating operations in prioritised agricultural value chains.
Funds will be provided to qualifying end beneficiaries as grants and with no pricing and subsidy implications from a risk perspective.