LoanB-BBEE Required

NEF Entrepreneurship Finance

National Empowerment Fund (Government Agency)

NEF Entrepreneurship Finance is a loan from National Empowerment Fund offering between R 250 000 and R 15 000 000 for startup, growth businesses across South Africa. Applications are accepted on a rolling basis.

Overview

Start-up funding for black entrepreneurs up to R15 million. For new businesses or franchises.

Funding AmountR 250 000 - R 15 000 000
CoverageNational
Business StageStartup, Growth

Programme details last verified on 11 June 2026.

Full Description

Funding for new black-owned businesses and start-ups. Includes working capital, equipment, and franchise funding up to R15 million.

Eligibility Criteria

0
Max. Annual TurnoverR 20 000 000
Min. Years Trading0 years
Min. B-BBEE LevelLevel 4
Min. Black Ownership51%
Target SectorsManufacturing, Agriculture, Services, Retail, Franchising

Frequently Asked Questions

How much funding does NEF Entrepreneurship Finance offer?

NEF Entrepreneurship Finance offers between R 250 000 and R 15 000 000 per applicant.

Who qualifies for NEF Entrepreneurship Finance?

NEF Entrepreneurship Finance targets startup, growth businesses across South Africa. Applicants need annual turnover below R 20 000 000, B-BBEE level 4 or better, at least 51% black ownership.

When is the deadline for NEF Entrepreneurship Finance?

Applications are accepted on a rolling basis.

How do I apply for NEF Entrepreneurship Finance?

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.