What we do

We support and fund growth and expansion in the clothing, textile, leather and leather goods (CTFL) industry in South Africa, with the objective of growing employment, production output, localisation, exports and transformation, whilst also encouraging industrial development and innovation.

To support and fund expansion in CTFL businesses or supply chain projects in order to drive the broader objectives of:

  • Growing employment
  • Production output
  • Import replacement (localisation),
  • Exports
  • Transformation

Provide funding which covers:

  • Expansionary Working Capital
  • New plant & equipment and related utilities
  • People
  • Product
  • Process and new market development

Our Programmes

A

Competitiveness Improvement to drive increases in production output; job creation, transformation and sustainability in the sector.

B

Expansionary Working Capital to support CTFL entities with interest free Working Capital loans (no grant funding) to achieve CTFLGP objectives of growing employment, additionality in output, import replacement and transformation.

C

Start-up Funding to support early-stage start-up companies (new or less than two years in operation) still in development stages and fashion designers to drive broad based transformation.

D

Cluster Funding to develop groups of like-minded companies to ensure a sustainable business environment able to retain and grow employment levels and support the vision and objectives of the Retail Clothing Textile Footwear Leather (R-CTFL) Masterplan (2030).

Our impact

Our initiatives and funding has seen businesses flourish and created countless jobs. Here are some of our success stories.

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