Small business funding

The township economy and the developing supply chain brands

Township Economy supply chain brands
The South African township economy is witnessing a digital revolution in supply chain management, transforming how small businesses and spaza shops operate. Innovative companies like Delivery Ka Speed and Vuleka are introducing game-changing solutions for local entrepreneurs. From "buy now, pay later" options to efficient inventory management systems, these platforms are helping spaza shops modernize their operations. Tech-driven solutions are addressing critical challenges in logistics, stock control, and payment systems, proving that township businesses can thrive in the digital age.
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Apply for the SEDFA Asset Assist Programme for SMEs

R250 000 SEDFA Asset Assist
Small businesses are encouraged to apply for the SEDFA Asset Assist Programme for SMEs to get funding for selected equipment and working capital. The program aims to provide assistance to Small, Medium, and Micro Enterprises (SMMEs) by providing them with funding to purchase equipment for starting operations or for increasing production. The Asset Assist Programme is specifically targeting machinery, equipment, and procurement of raw materials.
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The Allan Gray Makers Startup Incubator Programme

Alan Gray Makers Incubator Programme
The Allan Gray Makers Startup Incubator offers an 8-month incubation program for South African electricians and plumbers aged 18-35. This initiative provides essential business training, mentorship, and a monthly R3000 transport allowance to transform skilled artisans into successful entrepreneurs. Operating across Gauteng, Mpumalanga, KwaZulu-Natal, Eastern Cape, and Limpopo, the program supports both aspiring and early-stage business owners in the trades sector. Applications for the 2025 cohort close January 31, 2025.
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Pepsico Mzansi Business Accelerator

Pepsico Mzanzi Accelerator
The Pitch and Polish competition is a great opportunity for entrepreneurs to win prizes worth R1 million to use towards growing their business. The competition is sponsored by Nedbank and in partnership with Raizcorp, a business incubator, for promotion and execution. There is no specific mandate in terms of sectors that are targeted, and this means that all business owners may participate.
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Nedbank Pitch and Polish Competition

Nedbank Pitch and Polish Competition
The Pitch and Polish competition is a great opportunity for entrepreneurs to win prizes worth R1 million to use towards growing their business. The competition is sponsored by Nedbank and in partnership with Raizcorp, a business incubator, for promotion and execution. There is no specific mandate in terms of sectors that are targeted, and this means that all business owners may participate.
Read MoreNedbank Pitch and Polish Competition

Apply for SEDA Asset Funding for SMEs

Seda Asset Assist for SMEs
Small businesses are encouraged to apply for the SEDA Asset Funding for SMEs to acquire capital to fund selected equipment as well as working capital. The program aims to provide assistance to Small, Medium, and Micro Enterprises (SMMEs) by providing them with funding to purchase equipment for starting operations or for increasing production. The SEDA Asset Funding for SMEs is specifically targeting machinery, equipment, and procurement of raw materials.
Read MoreApply for SEDA Asset Funding for SMEs

Visa Africa Fintech accelerator

Visa Accelerator
One of the key responsibilities of an entrepreneur is ensuring compliance with both industry-specific and national legal regulations. Failure to adhere to these requirements can significantly impede critical business activities. For example No funder will consider investing time or money in a business that does not comply to laws and that risk penalties and fines.
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