Start a business

These are services designed to help youth-owned business set up, expand or develop their businesses.

Read more: Business Consulting Services Voucher Programme (BCSVP)

Enterprise Finance aims to promote entrepreneurship among young people, so it provides funding to youth aged 18-35 years old to help them start a new business or grow an existing one. To achieve this Enterprise Finance provides finance ranging from R100 000 to R5 000 000 to expand, buy into or buy out existing businesses or start new businesses which allow significant economic benefits to youth. Finance is provided directly and through partners.

Read more: SME Funding

One of micro-finance's biggest aims is to promote entrepreneurship among young people, so it provides loans ranging from R1000 to R100 000 to youth aged 18-35 years old so that they can start a new business or grow an existing one. The micro-finance loan is divided into 8 different products where finance is structured according to the amount requested, affordability indicators, and the type of finance required; i.e., asset finance, working capital finance or contract-based finance. The terms are then tailored around the individual’s requirements.

Read more: Micro-finance