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AGRICULTURE INCUBATORS

Eskom Foundation Incubator

The MASDT ESKOM Agri- Incubator Project was launched in December 2013 following the conclusion of a Memorandum of Agreement between MASDT and ESKOM Foundation. According to the MoA as well as the business plan supplied to the ESKOM Foundation by MASDT, MASDT was to receive funds to the value of R 7 215 000.00 that would be used during 2012-2013 to support the development of agricultural skills as well as agricultural production on five selected projects.

In June 2013 MASDT secured additional funds to the value of R 6 685 300.00 from the Department of Trade and Industry’s Incubator Support Grant (DTI ISP). These funds given on a matching funds basis would be used to strengthen the support to the five selected projects, particularly by making a contribution towards operational costs, as well as to extend MASDT support in the years 2014 and 2015.

The project Goal is to contribute towards sustainable rural economic growth and development within the selected communities in Kwa-Zulu Natal, Limpopo and Mpumalanga Provinces.

One project was exited early (2014) due to in-fighting in the management structures. The four remaining incubation sites have diverse geographic locations: Coastal Cashew Trust and the Eyethu Trust are both situated in Kwazulu Natal: The Mholongamvula CPA is located in Mpumalanga Province whilst the Matabane Agricultural Cooperative operates out of Limpopo Province. Besides the geographic spread the incubator covers a diverse range of agricultural commodity groups including cereals, livestock, vegetables, sugar cane and nuts. Over the years the incubator has consolidated production levels on the projects and accessed a range of local and regional markets. Not only are these incubatees creating permanent and part time employment in poor underdeveloped rural areas but through the purchase of local goods and services and the supply of agricultural commodities the incubatees enhance the local economies.

Below is information of the past 5 years. This project will be completed by March 2018.

Nelspruit Branch

Kragbron Street
Canary Walk Business Park
Nelspruit
Mpumalanga
1200
South Africa

Pretoria Branch

Extension 3457

Inkwazi Building

Block C
1249
Embankment Road
Zwartkop X7

Contact Details

Nelspruit:
(T)
+27(0)13 753 2470
(F) +27(0)13 755 4028

Pretoria:
(T)
+27(0)12 643 3400

info@masdt.co.za

www.masdt.co.za

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