Department of Small Business Development

SMMEs AND CO-OPERATIVES FUNDING POLICY FOR SOUTH AFRICA

admin — Wed, 03 May 2023 06:30:22 +0000

SMMEs AND CO-OPERATIVES FUNDING POLICY FOR SOUTH AFRICA admin Wed, 05/03/2023 - 08:30

National Integrated Small Enterprise Development (NISED) Strategic Framework (Masterplan)

admin — Mon, 27 Feb 2023 11:06:02 +0000

National Integrated Small Enterprise Development (NISED) Strategic Framework (Masterplan) admin Mon, 02/27/2023 - 13:06

Township and Rural Entrepreneurship Programme (TREP)

admin — Mon, 23 Jan 2023 11:13:02 +0000

Township and Rural Entrepreneurship Programme (TREP) admin Mon, 01/23/2023 - 13:13

Small Enterprise Manufacturing Support Programme

admin — Mon, 13 Jun 2022 08:57:37 +0000

Small Enterprise Manufacturing Support Programme admin Mon, 06/13/2022 - 10:57

Township and Rural Entrepreneurship Programme

admin — Mon, 13 Jun 2022 08:45:10 +0000

Township and Rural Entrepreneurship Programme admin Mon, 06/13/2022 - 10:45

Deputy Minister's speaking notes on the debate on the relevance and success of the BBBEE

admin — Tue, 29 Mar 2022 11:39:32 +0000

Deputy Minister's speaking notes on the debate on the relevance and success of the BBBEE admin Tue, 03/29/2022 - 13:39

Minister Ndabeni-Abrahams applauds initiatives aimed at boosting SMMEs

admin — Fri, 11 Feb 2022 07:43:45 +0000

Minister Ndabeni-Abrahams applauds initiatives aimed at boosting SMMEs admin Fri, 02/11/2022 - 09:43

Youth Challenge Fund

admin — Thu, 18 Nov 2021 07:02:17 +0000

Youth Challenge Fund admin Thu, 11/18/2021 - 09:02

The Youth Challenge Fund (YCF) is a youth start-up support programme intended to stimulate the establishment and growth of youth-owned businesses, promote digital skills,

grow the economy and foster job creation.

Eligibility criteria

In line with National Youth Policy, the YCF will be providing support to youth start-up businesses/enterprises that meet the following criteria:

Are between the age of 18 to 35 years.
Registered with CIPC and be prepared to register with SARS & UIF.
100% South African owned.
Are adequately involved in the day-to-day operation and management of the business with at least one or more of the members being full-time employees of the company, especially the majority shareholder or essential personnel/applicant.
Prepared to participate in Business Development Support and mentorship (pre and post).
Commercially viable, sustainable and feasible business idea.

Exclusions

The following transactions will NOT be considered:

Funding towards a debt owed by the applicant with another lending institution.
Activities that have already been funded by other government departments or parastatals.
Government and SOE officials are excluded.
Fall within the gambling, pyramid sales schemes, loan shark and operating illegal activities etc., as guided by credit policy and grant policies.
Have a record of fraud and corruption.
Where the owner/applicant is an un-rehabilitated insolvent.

Additional information

Funding queries can be directed to YCF Hotline on 012 748 9600 or email: helpline@sefa.org.za
Upon receipt of the applications, they will be reviewed and completed applications subjected to due diligence exercises by sefa for consideration.
Follow-ups will be made with small enterprises whose funding applications are incomplete to submit the outstanding information.
Small enterprises that require non-financial support are referred to Seda for further handling.

How to apply

To submit your application, register your profile on the sefa portal at https://sefa.finfind.co.za. Download the checklist below for guidance.

Check list

Download the brochure below:

youth-challenge-fund-brochure.pdf

Minister Stella Ndabeni-Abrahams to lead a local delegation in Kwabhaca during the Nation-Wide Vooma Vaccination Weekend

admin — Fri, 01 Oct 2021 08:38:50 +0000

Minister Stella Ndabeni-Abrahams to lead a local delegation in Kwabhaca during the Nation-Wide Vooma Vaccination Weekend admin Fri, 10/01/2021 - 10:38

The DSBD in collaboration with the UNDP launches a study on the impact of Covid-19

admin — Fri, 01 Oct 2021 07:30:33 +0000

The DSBD in collaboration with the UNDP launches a study on the impact of Covid-19 admin Fri, 10/01/2021 - 09:30