PURPOSE The purpose of this document is to assist companies with the implementation of the FoodBev SETA SME support grant. As opposed to other discretionary grants with strict requirements and limitations, the SME Support Grant can be accessed by a qualifying company for implementing training in their organisation. Pre-approval of funding is however required before implementation of and claiming for the training initiative. For the purposes of the FoodBev SETA SME Support Grant, an SME is a company that employs less than 50 employees, and is: levy paying (paying skills development levies to SARS), or non-levy paying (exempt from paying skills development levies to SARS), or BEE Company (more than 50% black ownership) NGO/NPO/CBO/Cooperative FUNDING General funding regulations: A maximum of R30,000.00 (thirty thousand rand) per entity per annum. Companies may submit multiple claims (not exceeding R30,000.00). Funding is dependent on budget availability and approval of the for funding”. “Application Please note that companies must familiarise themselves with the grant criteria as specified in the FoodBev Grant Policy 2014-2015 and/or SME Support Grant Application Form available on The approval or rejection of the SME Support Grant application and invoices submitted remains at the discretion of FoodBev SETA. Examples of costs that will not be funded: Monthly consulting fees such as for e.g. payroll purposes (retainers) Travel, accommodation, meals, stationery Salaries and wages General invoices that do not specify ‘training’ Training that does not support the business objectives and skills priorities For companies that previously participated on the SME support grant, the same type of training that was previously implemented. TRAINING AND DEVELOPMENT What is Training and Development (T&D)? T&D ensure that the company’s employees have the competencies necessary to meet performance and quality standards in their current jobs. T&D interventions can also be planned to develop an employees’ career and personal potential in order to meet their growth needs as well as the future human resource needs of the company. T&D initiatives must be linked to the company’s business objectives Types of training and development initiatives that can be funded:
PURPOSE The purpose of this document is to assist companies with the implementation of the FoodBev SETA SME support grant. As opposed to other discretionary grants with strict requirements and limitations, the SME Support Grant can be accessed by a qualifying company for implementing training in their organisation. Pre-approval of funding is however required before implementation of and claiming for the training initiative. For the purposes of the FoodBev SETA SME Support Grant, an SME is a company that employs less than 50 employees, and is: levy paying (paying skills development levies to SARS), or non-levy paying (exempt from paying skills development levies to SARS), or BEE Company (more than 50% black ownership) NGO/NPO/CBO/Cooperative FUNDING General funding regulations: A maximum of R30,000.00 (thirty thousand rand) per entity per annum. Companies may submit multiple claims (not exceeding R30,000.00). Funding is dependent on budget availability and approval of the “Application for funding”. Please note that companies must familiarise themselves with the grant criteria as specified in the FoodBev Grant Policy 2014-2015 and/or SME Support Grant Application Form available on The approval or rejection of the SME Support Grant application and invoices submitted remains at the discretion of FoodBev SETA. Examples of costs that will not be funded: Monthly consulting fees such as for e.g. payroll purposes (retainers) Travel, accommodation, meals, stationery Salaries and wages General invoices that do not specify ‘training’ Training that does not support the business objectives and skills priorities For companies that previously participated on the SME support grant, the same type of training that was previously implemented. TRAINING AND DEVELOPMENT What is Training and Development (T&D)? T&D ensure that the company’s employees have the competencies necessary to meet performance and quality standards in their current jobs. T&D interventions can also be planned to develop an employees’ career and personal potential in order to meet their growth needs as well as the future human resource needs of the company. T&D initiatives must be linked to the company’s business objectives Types of training and development initiatives that can be funded: