Search

The Department of Small Business Development invites startups to apply for The Youth Challenge Fund



About the Opportunity

The Youth Challenge Fund (YCF) is a youth start-up support programme intended to stimulate the establishment and growth of youth-owned businesses, promote digital skills, grow the economy and foster job creation.



Eligibility criteria

In line with National Youth Policy, the YCF will be providing support to youth start-up businesses/enterprises who meet the following criteria:

  • Are between the age of 18 to 35 years.

  • Registered with CIPC and be prepared to register with SARS & UIF.

  • 100% South African owned.

  • Are adequately involved in the day-to-day operation and management of the business with at least one or more of the members being full-time employees of the company, especially the majority shareholder or essential personnel/applicant.

  • Prepared to participate in Business Development Support and mentorship (pre and post).

  • Commercially viable, sustainable and feasible business idea.



Submission Deadline:

20 December 2021



Please Note:

  • Upon receipt of the applications, they will be reviewed and completed applications subjected to due diligence exercises by sefa for consideration.

  • Follow-ups will be made with small enterprises whose funding applications are incomplete to submit the outstanding information.

  • Small enterprises that require non-financial support are referred to Seda for further handling.



To Apply;

Download the application form and submit it, with all required documentation to YCF@sefa.org.za.



For more information, please click;

http://www.dsbd.gov.za/programme/youth-challenge-fund



Contact Details:

email: info@dsbd.gov.za

helpline@sefa.org.za

Tel: 012 748 9600


Address

77 Meintjies Street, Sunnyside, Pretoria 0002



114 views0 comments