Business Support
Training & Programmes
The Black Business Supplier Development Programme (BBSDP) is a cost-sharing grant offered to black-owned small enterprises to assist them in improving their competitiveness and sustainability to become part of the mainstream economy and create employment.
Follow the link to view the official site of the BBSDP programme.
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.
Follow the link to view the official site of the Co-Operative Incentive Scheme (CIS).
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.
Follow the link to view the official site of the Shared Economic Infrastructure Facility.
The National Informal Business Upliftment Strategy (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 Government’s priorities of speeding up growth and transforming the economy to create decent work and sustainable livelihoods through inclusive growth.
Follow the link to view the official site of the National Informal Business Upliftment Strategy programme.
Mission
To promote entrepreneurship and develop small enterprises by providing customised non-financial business support services that results in business growth and sustainability in collaboration with other role players.
Follow the link to view the official site of the COOPS & CPPP programme.
The Export Development Programme aims to develop and generate export-ready small enterprises that are globally competitive and able to grow markets both locally and internationally.
Follow the link to view the official site of the Export Development programme.
SEDA Supplier Development Programme (SDP) is aimed at strengthening the performance of supplier firms by equipping them with skills and capabilities required to make them globally competitive. The programme attempts to raise awareness on opportunities available to supply to corporates and state-owned enterprises. The programme also assists them in reducing the costs of supply. The Supplier Development Programme presents several advantages to the buying firm as well as the supplier which yields benefits to the economy.
Follow the link to view the official site of the Supplier Development Programme.
These are day to day services provided at SEDA branches to businesses which can lead qualifying SMMEs to access other programmes offered at SEDA.
Follow the link to view the official site of the Enterprise Development Tools programme.
Funding Initiatives
Grant Programmes
The NEF Women Empowerment Fund is aimed at accelerating the provision of funding to businesses owned by black women. The funding starts from R250 000 to R75 million across a range of sectors, for start-ups, expansions and equity acquisition purposes.
In order to provide for different transactional needs, WEF uses a range of funding instruments that range from secured (senior debt) to unsecured options (equity), and/or a hybrid of the two.
Pricing is commensurate with the risk taken and the instrument used.
Follow the link to view official site of the Women Empowerment Fund (WEF).
The Fund supports these entities by offering debt, quasi-equity and equity finance products with the funding threshold ranging from a minimum of R250 000 to a maximum of R15 million.
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Funding is delivered through the following products:
1. Entrepreneurship Finance
2. Procurement Finance
3. Franchise Finance
Follow the link to view more information about the products offered by the iMbewu Fund.
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.
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Funding ranges from R2 million to R50 million and are offered in the following five products:
1) Acquisition Finance
2) New Venture Finance
3) Expansion Capital
4) Liquidity and Warehousing
Please follow the link to view more information about then products offered by the uMnotho Fund.
The aim of the Rural and Community Development Fund is to provide funding to aspiring rural entrepreneurs and to facilitate skills transfer and operational involvement of community groups by promoting social and economic upliftment in pursuit of the NEF Mandate.
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Sectors Funded:
- Agro Processing and Manufacturing
- Eco-Tourism
- Forestry and Fisheries
- Commercial Property
- Aqua and Marine Culture
- Non-Farm Activities (rural based)
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Rural and Community Development Fund offers the following financing products:
1) Acquisition
2) New Venture Capital
Follow the link to view more information about the products by the Rural and Community Development Fund.
A unit of the NEF was established with a mandate to increase the participation of black people in early-stage projects. It is aligned to the national Government policy and it seeks for competitive opportunity for the South African economy and the inclusion of black participation in opportunities at the outset of projects, as opposed to doing so during equity closure.
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Follow the link to view information on the Strategic Projects Fund.
The fund is designed to promote and develop the arts and culture sector by providing affordable loans to start and/or expand small businesses. It is an important source of finance for start-up entities and for companies that have limited operating history which do not have access to capital markets. The Department of Arts and Culture realises that in order to achieve radical economic transformation, access to funding must not be limited to few businesses. The Funds will assist businesses with the potential to be self-sustainable and not rely on government for grant funding. Funding will be made available to businesses in all provinces, where more job opportunities will be created.
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Follow the link to view information on Arts & Culture Venture Capital.
The Tourism Transformation Fund (TTF) is a dedicated capital investment funding mechanism established by the Department of Tourism in collaboration with the National Empowerment Fund (NEF) and focuses specifically on financial support for black investors and communities investing in capital projects in the tourism sector.
The Fund aims to drive transformation in the tourism sector in a more direct and impactful manner that will not only assist black-owned tourism enterprises to expand and grow, but also catalyse the rise of a new generation of black-owned youth, women- and community-owned tourism enterprises to take the tourism sector to new heights. The Fund is administered by the NEF on behalf of the Department of Tourism.
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Follow the link to view official site of the Tourism Transformation Fund.
Types of Grant Programmes
1) Individuals
2) Co-Operatives
3) Community Development Facilitation Projects
The NYDA Grant Programme is designed to provide young entrepreneurs with an opportunity to access both financial and non- financial business development support that will 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.
You need to visit a NYDA branch to access the Grant Programmes.
Follow the link to view the criteria to qualify for the Grant Programme.
Follow the link to view the list of NYDA Service Branches.
Downloadable Material
Broad-Based Black Economic Empowerment Act 53 of 2003
Public Finance Management Amendment Act [No. 29 of 1999]
Public Finance Management Act [No. 1 of 1999]
Preferential Procurement Policy Framework Act [No. 5 of 2000]
National Empowerment Fund Act [No. 105 of 1998]
Employment Equity Act [No. 55 of 1998]
Co-operatives Amendment Act No. 6 of 2013
Skills Development Act [No. 97 of 1998]
Copyright and Performers Protection Act
The downloadable business, marketing and financial plans are solely intended to serve as guidelines for the drafting of the user’s own plans. The user is encouraged to include additional information and to conduct own research when drafting a business plan and strategizing. The user hereby indemnifies the Sifiso Falala Foundation against any and all liability associated with the use of the business plan frameworks as per the conditions and terms of use of the website.
