Funding & Grants

SMMEs Invited to Submit Applications for Equipment, Tools, Raw Materials or Stock for Up to π‘πŸπŸ“πŸŽk

Department of Small Business Development Open Applications for Funding. This programme is aimed at supporting SMMEs and Cooperatives with equipment that will enable them to start their businesses or to increase their production capacity.

Eligible Applicants

  • South African Owned (owners must provide valid SA ID document).
  • SMMEs which constitute of Private Companies and in possession of valid CIPC documentation. Sole Proprietors will also qualify for assistance.
  • Provide Proof of Bank Account (three months bank statements for existing businesses).
  • Employing no less than 70% South African citizens.
  • Tax compliant with a valid tax clearance certificate, and
  • Valid South African business operating Address

Non-Eligible Applicants

  • Cooperatives because there’s a separate programme for them.
  • Costs incurred and/or assets acquired prior to approval of a complete proposal submitted to Seda.
  • Businesses with a turnover of more than R3 million turnover per annum.
  • Bonus payments.
  • Costs associated with tendering and tendering documentation.
  • Any illicit business activities.
  • Liquor and cigarettes (purchasing of stock).
  • Gambling related activities.
  • Non-business-related infrastructure/or activities.
  • Vehicles for personal use.
  • Projects/activities that are initiated by an applicant before or during submission of a request for
  • Asset Assist funding. Thus, Seda will not reimburse sunk costs.
  • Any other cost that the Adjudication Committee, in its sole discretion, deems as non-qualifying.
  • State employees.
  • The Public Service Act prohibits State officials from engaging in remunerative work without prior
  • approval from the Accounting Officers of State organs (the employer).
  • Post approval, the small business will enter into a legal agreement with Seda, agreeing to the terms and conditions for approval. The agreement should be signed no later than thirty (30) calendar days by all parties upon receipt of the approval letter.
  • Failure to conclude the legal agreement within thirty (30) calendar days of receiving the approval letter will lead to the termination and/or cancellation of the approval.

Submit the completed application to the applicable email address listed.

How to Apply

Click here—->Grant Funding Application Form

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