Loan + Grant Blend

Tourism Transformation Fund (TTF)

Department of Tourism (Government Agency)

Tourism Transformation Fund (TTF) is a loan + grant blend from Department of Tourism offering up to R 5 000 000 for startup, growth, established businesses across South Africa. Applications are accepted on a rolling basis.

Overview

Funding for majority black-owned tourism businesses, run by the National Empowerment Fund in partnership with the Department of Tourism: a grant of up to R5 million combined with an NEF loan, for capital projects like accommodation and attractions. Applications are open on an ongoing basis - apply via the NEF (tourism@nefcorp.co.za) with roughly a 10 percent own contribution; rural and women-owned projects get preference.

Funding AmountUp to R 5 000 000
CoverageNational
Business StageStartup, Growth, Established

Programme details last verified on 11 June 2026.

Full Description

Provides grants (up to R5 million, max 50% of funding), debt, and equity for black entrepreneurs in tourism. Implemented through NEF.

Eligibility Criteria

Min. Black Ownership51%
Target SectorsTourism, Hospitality

Frequently Asked Questions

How much funding does Tourism Transformation Fund (TTF) offer?

Tourism Transformation Fund (TTF) offers up to R 5 000 000 per applicant.

Who qualifies for Tourism Transformation Fund (TTF)?

Tourism Transformation Fund (TTF) targets startup, growth, established businesses across South Africa. Applicants need at least 51% black ownership.

When is the deadline for Tourism Transformation Fund (TTF)?

Applications are accepted on a rolling basis.

How do I apply for Tourism Transformation Fund (TTF)?

Check your eligibility with the free readiness check on Okhantu, prepare the required documents, then apply on the provider's website.

Prepare Your Application

Increase your chances of success with these preparation resources.

Pro tip:Run the Readiness Checker before applying. It identifies gaps in your documentation and helps you prepare a stronger application.