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Scheme-specific qualifying criteria
Scheme-specific qualifying criteria
The business invited must have a large buying/investment capacity and the representative of the business must be decision-making officer who is able to conclude contracts. The invited mission member must attend all business appointments and functions. EMIA will not consider follow-up visits. The buyer/investor must not have previous or existing relations with the company - the incentive is intended for a new prospective customer.
Financial contribution for IIBM
The Department of Trade and Industry will provide the following compensation in respect of the types of entities as listed below:
- HDI's
- 100% of the costs of an economy class return airfare to a maximum of R10 000
- Subsistence allowance: A subsistence allowance of R800/day up to five (5) days
- Rental of a vehicle of up to R200/day for a maximum of (5) days
- SMME's
- 80% of the costs of an economy class return airfare to a maximum of R8 000
- Subsistence allowance: A subsistence allowance of R800/day up to five (5) days
- Rental of vehicle of up to R200/day for a maximum of (5) days
- Other size entity
- 50% of the costs of an economy class return airfare to a maximum of R5 000
- Subsistence allowance: A subsistence allowance of R800/day up to five (5) days
- Rental of vehicle of up to R200/day for a maximum of (5) days
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