We invest in entrepreneurs – with a particular emphasis on women, youth, people in rural areas and entrepreneurs with a disability – who show the potential and commitment to grow a business and create jobs.
This is done through a structured, two-year business support programme, seed-funding and assistance with access to markets.
Applications open once a year, with the businesses showing the most potential and commitment with about 60 new entrepreneurs being brought onto the programme per annum.
* means “Africans, Coloureds and Indians who are citizens of the Republic of South Africa by birth or descent or who became citizens of the Republic of South Africa by naturalisation – a) Before 27 April 1994; or b) On or after 27 April 1994 and who would have been entitled to acquire citizenship by naturalisation prior to that date but were precluded from doing so by Apartheid policies”. (Broad-Based Black Economic Empowerment Amendment Bill, 2011).