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The Department of Trade and Industry in South Africa have tasked a number of special purpose vehicles across all provinces to assist the SMME and large business with assistance from financing to business support services etc.

 

Through the country there are very specific organisations that offer specific assistance to business ranging from export assistance to export credit insurance to networking opportunities and most importantly regional levels of assistance with specialist functionality within an organisation such as accounting assistance, training, labour broking and so forth.

 

Provincially, each representative of the DTI will assist business however, there are specialist structures within such as the Small Enterprise Development Agency that offers support services through to large scale funding of corporate finance for BEE deals and buy ins such as the National Empowerment Fund Corporation.

 

 

To access information on any business funding or related institutions please click on the logo displayed on the left

An overview of activities of these institutions:

 

SEDA

Assists business with necessary support structures in place and with non financial development and growth of business.

 

 

NATIONAL EMPOWERMENT FUND

Financial assistance to business and individuals wanting to access funding for BBBEE transactions

 

 

IDC

The Industrial Development Corporation provides access to funding from

R 1 million onwards. There are schemes in place for smaller applications but these are governed by sector initiatives—usually in partnership with a major bank.

 

UMSOBOMVU Youth Fund   

UYF assists budding entrepreneurs under 35 to finance start up business ventures and ideas. Funding usually is limited but easily accessible to emerging business.