Do you require a bankable business plan to submit for possible funding or presenting to a potential investor? You can contact us on 086 123 7775 to discuss your specific requirements.
SME Finance Applications
We can help you create a viable and bankable business plan, which will NOT cost you an arm and a leg. Contact us today for assistance.
SOUTH AFRICAN FUNDING OPPORTUNITIES
The South African Government funding and grants programmes are focused on providing funding for business ventures that can make a difference to the economy.
Each agency has their own qualifying criteria and application model. We regularly work with and understand the complexities of the various funding agencies, and the unique application criteria for each applicant. We have assisted numerous entrepreneurs over the years through the application process to access funds for business growth. We can assist you with the same.
If you would like to begin the application process through us, please feel free to get in touch. Of course you would need a business plan. We can help you create a viable and bankable business plan, which will NOT cost you an arm and a leg.
For assistance with applications to any of the agencies currently listed please feel free to contact us
DEPARTMENT OF SMALL BUSINESS DEVELOPMENT (DSBD)
The Ministry of Small Business Development was established in 2014 marking a turning point in history of SMME’s and Co-operatives development in South Africa, demonstrating Government’s commitment to place SMME’s and Co-operatives at the centre of economic growth and job creation.
The Department of Small Business Development (DSBD) was thereafter established as a standalone national department in accordance with the reorganisation of some national departments announced by the President in May 2014, following the national elections.
BLACK BUSINESS SUPPLIER DEVELOPMENT PROGRAMME (BBSDP)
The Black Business Supplier Development Programme (BBSDP) is a cost-sharing grant offered to black-owned small enterprises to assist them to improve their competitiveness and sustainability to become part of the mainstream economy and create employment.
CO-OPERATIVE INCENTIVE SCHEME (CIS)
The Co-operative Incentive Scheme (CIS) is a 100% grant for registered primary co-operatives (a primary co-operative consists of five or more members). The objective of the CIS is to improve the viability and competitiveness of co-operative enterprises by lowering their cost of doing business through an incentive that supports Broad-Based Black Economic Empowerment.
SHARED ECONOMIC INFRASTRUCTURE FACILITY (SEIF)
The SEIF intends to leverage public sector investment that would provide necessary infrastructure by creating an enabling environment for businesses to crowd in investment, mostly in townships, rural areas and the inner city where there is clear business activity taking place. The objective of the programme is to encourage public sector partnerships for the establishment and improvement of the SEIF to support businesses with an intention to improve access, create local economic benefits and optimise the performance of businesses operating in those facilities.
NATIONAL INFORMAL BUSINESS UPLIFTMENT STRATEGY
The National Informal Business Upliftment Strategy (NIBUS) is driven by the Department of Small Business Development to address the development void at the lower base of Small, Medium and Micro Enterprise (SMME) Development. The NIBUS seeks to uplift informal businesses and render support to local chambers/business associations and Municipal Local Economic Development offices to deliver and facilitate access to upliftment programmes. The focus will mainly be on designated groups, i.e. women, youth and people with disabilities, in townships and rural areas of South Africa. The strategy advances Governmentâ€™s priorities of speeding up growth and transforming the economy to create decent work and sustainable livelihoods through inclusive growth.
DEPARTMENT OF TRADE AND INDUSTRY (DTI)
The DTI provides funding to qualifying businesses from a wide range of sectors.
The DTI´s mission is to:
- Promote structural transformation, towards a dynamic industrial and globally competitive economy;
- Provide a predictable, competitive, equitable and socially responsible environment, conducive to investment, trade and enterprise development;
- Broaden participation in the economy to strengthen economic development; and
- Continually improve the skills and capabilities of the DTI to effectively deliver on its mandate and respond to the needs of South Africa’s economic citizens.
INDUSTRIAL DEVELOPMENT CORPORATION (IDC)
The Industrial Development Corporation (IDC) – Under the IDC, there are multiple funds available offering financial support to start-up businesses needing capital for equipment, working capital and buildings. It also funds business expansion.
ISIVANDE WOMEN’S FUND
The Isivande Women’s Fund is an exclusively women’s fund provided to empower women with existing business. With funding, education and training the Fund aims to accelerate women’s economic empowerment with affordable, usable and reliable finance.
KFW DEVELOPMENT BANK
The KFW Development Bank as part of the KFW banking group is responsible for Financial Cooperation with developing countries. In terms of volume, this form of cooperation is the most important instrument in German development cooperation.
The Land Bank offers a wide range of loans for all financial needs like buying land, equipment and working capital for agricultural projects. As part of the application you will need a business plan.
NATIONAL EMPOWERMENT FUND (NEF)
The National Empowerment Fund (NEF) – The aim of this organization is to support B-BEEE and previously disadvantaged individuals and communities. It offers a funding for start ups and expansion as a loan, equity funding.
NATIONAL YOUTH DEVELOPMENT AGENCY (NYDA)
The National Youth Development Agency (NYDA) – NYDA provides enterprise funds for young entrepreneurs aged between 18 and 35 years old and aims to assist them in starting a business or growing an existing one.
SMALL ENTERPRISE FINANCE AGENCY (SEFA)
The Small Enterprise Finance Agency is founded in 2012 and has access to R1.4-billion in funding given by IDC and the Government for South African small businesses over the next three years.
TECHNOLOGY INNOVATION AGENCY (TIA)
The Technology Innovation Agency (TIA) was established in 2008. The objectives are stimulating and intensifying technological innovation in order to improve economic growth. The goal is to increase the quality of life of all South Africans by developing and exploiting technological innovations.
Please contact us to see which of these funds your business will qualify for.
We can assist you with your bankable business plan for any of the mentioned funds above.
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