The government funding options that are currently set up in South Africa are there to assist previously disadvantaged South Africans as well as develop the economy through new businesses.
Imbewu’s procurement finance product is a debt product aimed at financing working capital requirements associated with procurement contracts.
This fund is designed to improve access to BEE capital and has three products, Acquisition Finance, Project finance and Expansion Finance.
Grofin is a specialist finance company that serves the needs of businesses.
The Fund is aimed at assisting small scale, black-owned junior mining companies with funding and technical support for high risk exploration and pre-feasibility phases of mining projects, bringing them to commercially bankable positions.
The Transformation and Entrepreneurship Scheme has been set up to finance marginalised groups in South Africa. Our aim with this scheme is to stimulate and develop largely small and medium enterprises, and make the mainstream economy accessible to marginalised groups - women, people with disabilities, and workers and communities.
Developing new technologies is an important way of strengthening South Africa’s global competitiveness. The IDC Support Programme for Industrial Innovation is designed to help this sector by providing financial assistance to projects that create innovative products and processes.
Our primary focus is to provide risk finance to companies owned by historically disadvantaged people. In addition, the companies – small and medium enterprises – must show significant job creation potential.
Under the scheme the IDC offers financial support to start-up businesses, including funding for buildings, equipment and working capital. They also fund companies wanting to expand.
Imbewu Entrepreneurship Finance would provides risk capital to new businesses and to early stage businesses owned and managed by black people.