Assessment of impact of IDC clothing and textile programme
Genesis was contracted by the Industrial Development Corporation (IDC) to provide an overall assessment of the Clothing and Textile Competitiveness Programme (CTCP) and make recommendations on how the programme could be improved to optimise its impact on the industry.
The CTCP was established in 2009. Since then 525 firms have benefited from the funding to invest in new technology, with the aim of assisting South African companies in the industry to compete with the rest of the world.
This has been achieved through its two areas of support: the Production Incentive Programme (PIP) that rewards companies for pursuing value addition in their manufacturing processes, and the Competitiveness Improvement Programme (CIP) that looks to address long-term sustainability by encouraging collaboration among members of the value chain for mutual growth through the cluster approach.