NYDA SME FUNDING

Do I qualify for Small to Medium Enterprise Funding from the NYDA?

To be eligible for funding you will need to fulfill the following criteria (requirements):

•Youth (35 and younger) must hold greater than 26% of the shares in the company;
•Must be a previously disadvantaged South African youth
•The youth must be operationally involved in the business;
•Must demonstrate commitment to the venture;
•The venture must be economically viable.
•The following types of ventures are excluded from funding: Gambling, Tobacco & Property development and illegal practices. Details