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The Tanzania Business Development Scheme, or TBDS, is an incentive programme which can pay 50% of the cost of activities or programmes of activities undertaken by a company to
- Develop the business.
- Boost sales.
- Increase competitiveness.
- Expand existing markets or enter new markets.
- Expand employment.
They must be specific business development activities and not normal business costs.
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WHAT DOES TBDS DO? |
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TBDS can pay 50% of the cost of eligible activities, up to a maximum of $ 100,000 per company over the life of the Scheme. TBDS is a grant – not a loan. The grant is paid after the activities are completed. The company must first obtain appoval for the activities and the costs. Then is approval is received the company must complete the activities, pay the full costs and the MGP will refund 50%. |
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IS YOUR COMPANY ELIGIBLE? |
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All Tanzanian registered businesses involved in manufacturing, processing or providing business development services are eligible for assistance from the Tanzania Business Development Scheme. A business is not eligible if it is involved exclusively in trading, in on-farm activities, mining or banking. |
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HOW DO YOU APPLY? |
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The first step is to complete a Registration Form, obtainable at the links below, and return it to the Tanzania Business Development Scheme. This will show if your company and the proposed activities are eligible for grant support. You will be advised as to your eligibility and if you are eligible, you will be sent an Application Form and documentation to guide you further in making your application. |
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