South African Organizations That Offer Financial Aid To Small Start Up Companies
South African Organizations that offer financial aid to small start up companies. A number of private and state entities have set up relief funding schemes to support small businesses during the COVID-19 pandemic.
Small business owners globally have had to seek help from financial experts and disaster management pro’s overnight, due to the detrimental effects of COVID-19 and government lockdowns. South Africa is no different and a number of measures and organizations have been put in place to help curb the situation and offer relief to start up companies where need be;
SEDA (Small Enterprise Development Agency)
SEDA – an initiative of the Department of Trade and Industry – provides business development and support services for small enterprises through its national network in partnership with other role players in small enterprise support.
E-mail: [email protected]
Call Centre: 0860 103 703
Tel: +27 (0)12 441 1000
Fax: +27(0)12 441 2064
Postal address: PO Box 56714, Arcadia, 0007
Website: www.seda.org.za
Facebook: https://www.facebook.com/groupsefa/
Small Enterprise Finance Agency (SOC)
The Small Enterprise Finance Agency (SOC) Ltd (sefa)(link is external) provides financial products and services to qualifying small, medium and micro enterprises (SMMEs) and co-operatives,.
E-mail: [email protected]
Fraud hotline: 086000 7332 (sefa)
Street address: Eco Fusion 5, Building D, 1004 Teak Close, Witch Hazel Avenue, Highveld, Centurion 0157
Website: http://www.sefa.org.za/
Finfind
Finfind links SMEs who are seeking finance with appropriate lenders. In addition it provides helpful finance education information, deals with frequently asked questions and addresses common challenges experienced by SMEs seeking finance.
Tel: +27 (0)31 207 5447
E-mail: [email protected]
Postal address: Suite 253, Private Bag X10, Durban
Website: www.finfindeasy.co.za
Facebook: https://www.facebook.com/finfindeasy
Industrial Development Corporation (IDC)
IDC is a national development finance institution set up to promote economic growth and industrial development. It is owned by the South African government under the supervision of the Economic Development ministry.
E-mail: [email protected]
Callcentre: 0860 693 888
Tel: +27 (0)11 269 3000
Fax: +27 (0)11 269 3116
Postal address: PO Box 784055, SANDTON, 2146 (Head Office)
Website: https://www.idc.co.za/
Facebook: https://www.facebook.com/IDCSouthAfrica
National Empowerment Fund (NEF)
The NEF’s role is to support Broad-based Black Economic Empowerment (BBBEE). It anticipates future funding and investment requirements to help black individuals, communities and businesses achieve each element of the codes of good practice.
E-mail: [email protected]
Call centre: 0861 843 633 / 0861 (THE NEF)
Tel: +27 (11) 305 8000
Fax: +27 (11) 305 8001
Postal address: PO Box 31, Melrose Arch, MELROSE NORTH 2076
Street address: NEF West Block, 187 Rivonia Road, Morningside