Call For Applications - KZN Youth Fund Grant 2021

Applications now open for the Kwazulu-Natal KZN Youth Fund Grant 2021. The filling and submission of the application forms are opened from 1st July 2021 to 30 July 2021.

Interested Applicants should Download the KwaZulu-Natal KZN application form here

Young people are advised to ensure that they have the following documents when making an application:

a) Business proposal (R50 000 io R500 000) business plan (R500 000 to R2 Mill)

b) Company Registration Documents

c) Proof of Address and valid Tax Clearance Documentation.

All applications must adhere to the minimum qualifying criteria in order to be considered for the fund.

KZN Youth Empowerment Fund Minimum Qualifying Criteria:
The Youth of KwaZulu Natal is drawn to the following minimum qualifying criteria to ensure consideration and possible approval of their applications:

1. Age Cohort (18 35)

2. No change of business ownership in the last twelve months from the date of the Fund application.

3. Maximum 10% operational costs and 90% capital or asset costs.

4. Business ownership (80 %Youth owned).

5. Young women owned businesses will have an added advantage.

6. Adhere to priority sectors as spelled out in the application form (Applications with Innovation and sound Franchise deals are encouraged).

7. Local content is required.

8. Township and Rural operations are encouraged.

NB: Failure to comply with some of the minimum criteria points will lead to automatic disqualification from being considered for funding while the lack of others will result in weak proposals that may lead to disapproval.

Application closing date: 30th July 2021

Click here to download the KZN Application form