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Government Funding

Government Funding & Grants Advice

Government grants and loan programmes have been set up by the government to extend funding to previously disadvantaged South African to foster black economic development.

Entrepreneur

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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.

What is a grant?

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.

Related: Matching Your Pitch to the Funder

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.

What is the difference between a loan and a grant?

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.

Related: DTI funding guide

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.

Related: Government Funding and Grants for Small Businesses

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26 Comments

26 Comments

  1. oupa

    Jun 3, 2013 at 18:18

    where do i get that director

  2. ALEXANDER MOEMISE

    Nov 11, 2013 at 17:50

    I would like to know more about government grants

    • Timothy

      Aug 1, 2014 at 00:27

      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

  3. thapelo setungwane

    Jan 15, 2014 at 12:57

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

    • andile

      Aug 26, 2014 at 16:47

      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

        Sep 7, 2014 at 07:18

        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

      • adam

        Dec 14, 2014 at 10:48

        contact Sean from inorbit he can help you with your business they do business marketing and promotions his your guy sean@inorbit.co.za

  4. Ashwell Daniels

    Jul 28, 2014 at 19:37

    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.

    • Joe Ogbechie

      Sep 16, 2015 at 15:18

      What kind of business do you do?

      • Ashwell Daniels

        Mar 3, 2016 at 22:25

        We do electric & Cooling

  5. Maxene

    Oct 12, 2014 at 19:08

    What are the requirements to apply for a goverment grant

  6. adam

    Dec 14, 2014 at 10:53

    Guys I’ve noticed most of you have problem with funding or business exposure this goes back to your business plan if your business plan wasn’t properly compiled then you are surely going to have problems moving forward my suggestion is consult with a business development specialist that give you proper guidelines for your business bringing you a step closer to making your brand work contact sean@inorbit.co.za he handles such problems good luck

  7. blaze

    Jan 14, 2015 at 22:29

    im seeking business finance for start up please help. I have a business plan

  8. Machele John Mosikatsana

    Feb 10, 2015 at 14:15

    There are numerous overseas grant funds that assist in the social upliftment of people in developing countries Africa and South Africa. – See more at: http://www.empowermentprojects.blogspot.com/#sthash.vNw4HzqK.dpuf

  9. Terry

    Feb 16, 2015 at 11:46

    There is such a large amount of development shortage in SA, in various sectors of the skills avenue. In the arts sector alone small business’ that can provide a service cannot access grants from government or corporate. Its basically big business with all the relevant supporting documents that can access grant easily. Its sad that a small service provider needs 5000 supporting documents to access a small grant to provide a service that which is necessary in the community. Its sad that we’re not even given a chance.

  10. Neilyster

    Mar 25, 2015 at 20:51

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

  11. Machele John Mosikatsana

    Mar 26, 2015 at 12:42

    The easiest way to find information on free business grants
    is to go to:, http://www.empowermentprojects.blogspot.com/
    where you can search and apply for a
    myriad of government grants available.

  12. Nomathembha Zwelibanzi

    Aug 3, 2015 at 15:31

    i just registered my transport business so i need funds to start,how and where can i get help?

  13. thabiso

    Aug 28, 2015 at 11:34

    I have register my business,so can u help with funding

  14. lorraine

    Oct 29, 2015 at 10:47

    hi, I have registered my company now I need about R10 million to start, so who can you refer me to for grand application and I also some invertors are welcome. I am willing to do the presentation for them.so can you please help?

  15. lorraine

    Oct 29, 2015 at 10:47

    hi, I have registered my company now I need about R10 million to start, so who can you refer me to for grand application and I also some invertors are welcome. I am willing to do the presentation for them.so can you please help?

  16. Mvuseni Mbatha

    Oct 30, 2015 at 15:54

    I have registered my company. And completed necessary research about a business I wanted to start. From 2012 up to now still need funding/capital. How can I get help?

  17. David Melk

    Mar 16, 2016 at 19:07

    I have a piece of land and I want to develop it into a holiday resort. How do I get funding?

  18. John Wilson

    Jul 29, 2016 at 17:15

    Debt Consolidation Loan up to R7,000.000.00,!! Apply Now We will be able to help you no matter what!Take control of your debts – do not let your debts control you!Consolidate your debt once and for all!Get rid of your DEBT load Get rid of the monthly DEBT pressure Get out of your DEBT trap We help those who cannot be helped elsewhere If you have shopped around and been declined then this is the right place to come to If you are under Debt Review you can apply. Are you having problems with garnishee orders?We help people throughout around the world .DOCUMENTS REQUIRED:- ID BOOK- LATEST 3 MONTHS BANK STATEMENT- LATEST TWO MONTHS PAYSLIPS- BLACKLISTED CLIENTS WELCOME.Contact us today via email at: boschloanservice@gmail.com

    We do Business Finance (Business Loan) for up to R7,000.000.00

    We do home loans even if you are blacklisted

    We do personal loans for up to R280,000.00 even if you are blacklisted

    We do Car finance even if you are blacklisted

    We do 2nd Bonds, Home Improvement and consolidation loans up to R380,000

    We do Wedding Finances as well..

    We offer the above kinds of loans all at 5% interest which is one of the cheapest around the World.

    Requirements:

    3 Month bank statements to date latest salary must reflect.
    Clear copy of ID Book.
    Latest payslip if weekly or commission 4 latest pay slips
    NB: Work and cell numbers
    Contact us Today at: boschloanservice@gmail.com

  19. John Wilson

    Jul 29, 2016 at 17:51

    Debt Consolidation Loan up to R7,000.000.00,!! Apply Now We will be able to help you no matter what!Take control of your debts – do not let your debts control you!Consolidate your debt once and for all!Get rid of your DEBT load Get rid of the monthly DEBT pressure Get out of your DEBT trap We help those who cannot be helped elsewhere If you have shopped around and been declined then this is the right place to come to If you are under Debt Review you can apply. Are you having problems with garnishee orders?We help people throughout around the world .DOCUMENTS REQUIRED:- ID BOOK- LATEST 3 MONTHS BANK STATEMENT- LATEST TWO MONTHS PAYSLIPS- BLACKLISTED CLIENTS WELCOME.Contact us today via email at: boschloanservice@gmail.com

    We do Business Finance (Business Loan) for up to R7,000.000.00

    We do home loans even if you are blacklisted

    We do personal loans for up to R280,000.00 even if you are blacklisted

    We do Car finance even if you are blacklisted

    We do 2nd Bonds, Home Improvement and consolidation loans up to R380,000

    We do Wedding Finances as well..

    We offer the above kinds of loans all at 5% interest which is one of the cheapest around the World.

    Requirements:

    3 Month bank statements to date latest salary must reflect.
    Clear copy of ID Book.
    Latest payslip if weekly or commission 4 latest pay slips
    NB: Work and cell numbers
    Contact us Today at: boschloanservice@gmail.com

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Government Funding

Government Funding And Grants For Small Businesses

Your much needed capital investment could come from government funding and grants. Here is a comprehensive guide to government funding available in South Africa.

Nicole Crampton

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Many new small businesses go through the struggle of finding capital to start-up of expand their businesses. Government funding and grants can be a worthwhile way to get the funds that you need.

There are a lot of important things you need to be aware of such as: Strict criteria, a lot of paperwork and maybe even a very long wait. It is worth it in the end so have a look and see which government funding and grants you qualify for.

What are government grants?

This is when a project or initiative is awarded government funding for some or all of its financial support. The business grants do not need to be repaid or accrue interest and have strict guidelines for application. Government funding is linked with efforts such as black economic empowerment, job creation and developing the economy.

Here is a list of some of the government grants available for business funding in South Africa:

Contents:

  1. Automotive Investment Scheme (AIS)
  2. Black Business Supplier Development Programme (BBSDP)
  3. Clothing and Textile Competitiveness Improvement Programme (CTCIP)
  4. Critical Infrastructure Programme (CIP)
  5. Film Incentive Programme
  6. Business Process Services (BPS)
  7. Capital Projects Feasibility Programme (CPFP)
  8. Support Programme for Industrial Innovation (SPII)
  9. National Youth Development Agency (NYDA)
  10. National Empowerment Fund (NEF)
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Government Funding

The Definitive List Of South African Business Incubators For Start-Ups

Are you looking for an incubator to ensure the sustainability of your start-up? This comprehensive list of South African incubators will set you in the right direction.

Nicole Crampton

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70-80% of small businesses don’t survive their first year, says Proudly South African CEO, Eustace Mashimbye, with only 9% surviving 10 years. Incubators were developed to reduce the chances of failure of start-ups by offering sustainable and fundamental entrepreneurial support.

Incubators enable entrepreneurs and innovators to find the necessary support and resources to build and maintain a successful start-up. An incubator can offer you:

  • A creative space to work out and discuss every aspect of your business
  • More resources and experience than you have when starting out
  • The opportunity to develop a network of other entrepreneurs and start-ups to sustain your business in the future.

“Getting involved with an incubator requires more than simply filling out an application. You need to get clear about which type of incubator would be the best fit. One of the most damaging mistakes a brand-new company can make is choosing one that doesn’t thoroughly meet its needs,” explains Nav Athwal, founder and CEO of RealtyShares.

Here are 58 South African business incubators for start-ups and what they can offer you:

  1. Global Cleantech Innovation Programme for SMEs
  2. Red Bull Amaphiko Academy
  3. Aurik Business Accelerator
  4. Transnet Enterprise Development Hub
  5. Injini
  6. The Techstars Foundation
  7. Anglo’s Zimele
  8. Shanduka Black Umbrellas
  9. SEDA Ekurhuleni Base Metals Incubation Programme
  10. BizQube
  11. Silulo Business Incubator
  12. Sw7
  13. Maxum Business Incubators
  14. Mpumalanga Stainless Initiative
  15. Edge Growth
  16. Smorgasbord
  17. MASDT
  18. Ignitor
  19. Timbali Technology Incubator
  20. Raizcorp
  21. OneBio
  22. SABizHub
  23. 88mph
  24. Enterpriseroom
  25. Chemin
  26. eKasiLabs
  27. New Ventures Studio
  28. Thomson Reuters Labs
  29. Seda Automotive Technology Centre
  30. eGoliBIO
  31. Meltwater Entrepreneurial School of Technology
  32. Seda – Agricultural & Mining Tooling Incubator
  33. Spark* South Africa
  34. Garden Route ICT Incubator
  35. Seda
  36. The Khayelitsha Bandwidth Barn
  37. Furntech
  38. Biofuels Business Incubator
  39. French Tech
  40. BioPark Business Incubator
  41. The Founder Institute
  42. Seda NMB ICT Incubator
  43. Tshimologong Precinct
  44. LaunchLab
  45. Softstart BTI
  46. RLabs
  47. African Rose
  48. The Grindstone Accelerator
  49. Riversands Incubation Hub
  50. mLab Southern Africa
  51. South African Renewable Energy Business Incubator
  52. Enterprise Elevator
  53. The Cape Innovation and Technology Initiative
  54. Endeavor
  55. The Awethu Project
  56. DACT
  57. The Creative Counsel incubator programme
  58. Green Pioneer Accelerator
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Government Funding

Investment Support For Black Business

Business development services to improve core competencies, managerial capabilities and competitiveness.

Monique Verduyn

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The department of trade and industry’s Black Business Supplier Development Programme is a cost-sharing grant, which offers support to black-owned enterprises in South Africa. The DTI contributes 90% of the cost of a project and the applicant 10%.

Objectives

The programme aims to fast-track existing SMMEs that exhibit good potential for growth, grow black-owned enterprises by fostering linkages between black SMMEs and corporate and public sector enterprises, complement current affirmative procurement and outsourcing initiatives of corporate and public sector enterprises, and enhance the capacity of grant recipient enterprises to successfully compete for corporate and public sector tenders and outsourcing opportunities.

Qualifying criteria

3-embedded-image-investment-support-for-black-business

The business must be majority black-owned (50 plus one share) and have a significant representation of black managers on the management team. The maximum annual turnover is R12 million per annum, and the business must have a trading history of least one year. Businesses can qualify for a grant to the maximum amount of R100 000. The requested amount should not exceed 25% of the entity’s previous year’s turnover.

To apply

Applications must include a detailed business plan, financial statements, turnover projections and a tax clearance certificate.

Contact

Go to www.dti.gov.za

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