List of business funding opportunities in South Africa

Access to finance is one of the biggest hurdles small businesses in South Africa face. Check on the list of business funding in South Africa. Apply and get business funding.

Are you an entrepreneur based in South Africa? Do you have/own a business or a small business based in South Africa? Is your business in need of funding? If yes, then take a look at the funding opportunities below. Take a look at their requirements and determine if your business is eligible for funding.

List of funding opportunities below:

1. National Youth Development Agency Grants

The NYDA Grant Programme is designed to provide young entrepreneurs with an opportunity to access both financial and non- financial business development support in order to enable them to establish or grow their businesses.

The programme focuses on youth entrepreneurs who are at intentional, promising and new stages of enterprise development. Young people whose business ideas qualify for the Grant Programme, depending on their individual needs, will also undergo some of the NYDA’s non- financial support services

Click here to apply for the National Youth Development Agency Grants

2. Small Enterprise Finance Agency

The Small Enterprise Finance Agency (sefa) provides development finance to SMMEs and Co-operatives that are not able to attract commercial credit. sefa is committed to providing these entities with the best service and expertise, and strives to do so in innovative and creative ways.

Click here to apply for the Small Enterprise Finance Agency (SEFA)

3. Lulalend Business Funding

Lulalend is more than a company. It’s a belief in the power of small business, making a difference, building a better solution and striving for excellence. VodaLend work hard to empower businesses across South Africa with the funds they need to grow.

Click here to Apply Lulalend Funding

4. VodaLend Business Funding (Vodacom Financial Services)

Vodacom business funding ‘VodaLend’ provides financial loans to South African small businesses, the repayment plan is better than those of banks and there are free benefits, any registered small business that has been operating for a short while stands a chance to qualify.

Click here to apply for VodaLend

5. The KZN Growth Fund

It provides various forms of long-term debt and structured finance options to both medium and large-scale projects throughout the province of KwaZulu Natal in order to stimulate the growth and development of their provincial economy. KZN Growth Fund is focused on the sectors of education, biotechnology, and finance. 

Click here to apply for the KZN Growth Fund

6. IDF Capital

IDF Capital aspires to be more than just another African business. It is their goal to become catalysts of economic growth across Africa by supporting people on their entrepreneurial journey. The bespoke service offering gives entrepreneurs the boost they need to grow operationally, and become financially independent through leveraging our experience and knowledge of the African market.

Click here to apply IDF Capital

7. National Empowerment Fund (uMnotho Fund)

This Fund is designed to improve access to BEE capital and has five products: Acquisition Finance, Project Finance, Expansion Finance, Capital Markets Fund, and Liquidity and Warehousing. These products provide capital to black-owned and managed enterprises, black entrepreneurs who are buying equity shares in established black and white owned enterprises, starting new ventures, expanding existing businesses and BEE businesses that are or wish to be listed on the JSE.

Click here to apply for the National Empowerment Fund

8. Industrial Development Corporation Funding (IDC)

The Industrial Development Corporation is a national development finance institution whose primary objectives are to contribute to the generation of balanced, sustainable economic growth in Africa, and to the economic empowerment of the South African population, thereby promoting the economic prosperity of all citizens. The IDC achieves this by promoting entrepreneurship through the building of competitive industries and enterprises based on sound business principles.

Click here to apply for the Industrial Development Corporation Funding (IDC)

Article source: youthopportunitieshub.com