Government Funding & Grants

Government Funding & Grants

There is a good deal of Government sponsored non-repayable Grants and Assistance Programs for manufacturing and tourist related businesses as well as innovative R&D product development projects available in South Africa.

A grant is an award of financial assistance in the form of money. The government is one of the best sources for grants. Grants have strict guidelines for applying and using the funds. Grant funding agencies use grants as a way to accomplish a specific goal that the organisation wants to achieve. If your start-up fits into the right criteria, you may be able to apply for funding through a grant.

Related: Matching Your Pitch to the Funder

The difference between a loan and a grant is that grants do not have to be repaid, but they do require a considerable amount of paperwork. The grantee is required to account for spending the money in the manner specified by the grantor. Grants funds fit broadly into two different categories – money that is sponsored by the government and money that is sponsored by corporate financial organisations.

Most of these funds have their own specific requirements, and only those businesses that fill specified requirements, get to access to these funds. Funding agencies often look for worthwhile projects such as those that might create jobs in rural areas or those that provide training to specialised groups.

Small businesses can contact banks and other financial institutions for small business bank loans. A business loan must be paid back and strict criteria must be met to qualify. There are a number of private funders that may be able to help.

Government-Funding-Grants-Funding Directory-Business Funding

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  • oupa

    where do i get that director

  • ALEXANDER MOEMISE

    I would like to know more about government grants

    • Timothy

      me two and we can actually get access to these grants in a reasonable amount of time, as i have read that it generally takes too long to get access. this can actually effect the business as the opportunity may be taken by someone else why you are trying to secure funding

  • thapelo setungwane

    i just register my business so i need funds to start,how can i get help?

    • andile

      I have just received accreditation for my training company. I am now struggling to make it known. Is there a way that the government assist in this regard?

      • Sello Kutumela

        Advertising is the only way to get your name out there, start with social media as it is the cheaper way to grow your name

  • sello mzangwa

    Guys I want to buy pick n Pay franchise and I need anybody who can give me a loan or fund my idea pls I will appreciate any help I can help

  • Ashwell Daniels

    I also started my business provide work for 3 persons. Although we have a lack of transport we do not have a shortage of work, we are same times not available to go because of the transport and we wish we can solve this problem.

  • Maxene

    What are the requirements to apply for a goverment grant