Old Mutual Masisizane Fund
Old Mutual Masisizane Fund is a loan from Old Mutual Enterprise Development offering between R 250 000 and R 20 000 000 for growth, established businesses across South Africa. Applications are accepted on a rolling basis.
Overview
The Masisizane Fund is the Old Mutual enterprise-development financier, offering developmental and commercial loan financing from R250,000 to R20 million plus business support to SMEs that are at least 51 percent black-owned, with priority for women, youth and entrepreneurs with disabilities. It is active - it passed R1 billion disbursed since 2007 in late 2024 - and applications are taken on a rolling basis (MasisizaneEnquiries@oldmutual.com). This is loan funding paired with mentorship, not a grant.
Programme details last verified on 12 June 2026.
Full Description
Blended finance for SMEs with job creation focus. Mix of grants and concessionary loans.
Eligibility Criteria
Frequently Asked Questions
How much funding does Old Mutual Masisizane Fund offer?
Old Mutual Masisizane Fund offers between R 250 000 and R 20 000 000 per applicant.
Who qualifies for Old Mutual Masisizane Fund?
Old Mutual Masisizane Fund targets growth, established businesses across South Africa. Applicants need at least 51% black ownership.
When is the deadline for Old Mutual Masisizane Fund?
Applications are accepted on a rolling basis.
How do I apply for Old Mutual Masisizane Fund?
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.
Provider Guide
Learn about Old Mutual Enterprise Development's application process
Document Checklist
Requirements and deadlines
Download Templates
Business plan, cash flow, projections
Legal Framework
Relevant legislation and compliance
Compliance Check
Verify your CIPC, SARS, B-BBEE status
Get Expert Help
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