AITF - Automotive Industry Transformation Fund
Automotive Industry
Hybrid
Large-scale black entrepreneurial development in automotive sector through equity and loan transactions
Key Information
Funding Amount
Minimum R1 million, preference for R50 million average transactions
Provinces
All Provinces
Categories
Manufacturing
Automotive
BEE Transformation
Last Updated
N/A
Funded Industries
Automotive Manufacturing
Component Manufacturing
Logistics
Distribution
Wholesale
Retail
Aftermarket
Mobility Services
Eligibility Criteria
- Minimum requirement of R1 million for funding
- Black ownership of at least 51%
- EMEs, QSEs, and Generic Enterprises with 51% black ownership
- Primary business operations within South Africa's automotive value chain
- No re-financing of assets or loans
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