The NEF offers different types of funding in order to provide for different needs of business owners. The NEF supports black entrepreneurs and businesses by making various types of funds in different sectors available to the entrepreneurs.
The following are available to entrepreneurs: Strategic Projects Funds (SPF), Fund a Woman, Fund a Nation Project, Investor Education/NEF iMbizo, Post Investment and Mentorship Support, and the Junior Management Programme.
To qualify for funding the applicant must be 18 years or older, the business must be economically viable and must not be involved in illegal practices, tobacco or gambling. The entrepreneur must be a 50% or more share holder and be operationally involved in the business, and be a previously disadvantaged South African with a valid South African ID, credit checks, and proof of residence. The applicant must also submit an application form and a business plan.
For more information:
Funding email: email@example.com
Other email: firstname.lastname@example.org
Telephone: 011 305 8000