The Wealth Room

BUSINESS GROWTH/ RESILIENCE FACILITIES

BENEFITTING SMMES

Businesses geared to take advantage of supply opportunities resulting from the Coronavirus pandemic or shortage of goods in the local market.

QUALIFYING CRITERIA

1. The business must have been registered with CIPC by at least 28 February 2020;
2. Company must be 100% owned by South African Citizens;
3. Employees must be 70% South Africans;
4. Priority will be given to businesses owned by Women, Youth and People with Disabilities;
5. Be registered and compliant with SARS and UIF;
6. For non-compliant Micro businesses, Seda will assist them to comply and request for
7. assistance must be sent to: growthfund@seda.org.za;
8. Registration on the National SMME Database: https://smmesa.gov.za/
9. Complete the simpli­ed online application form available from www.dsbd.gov.za;
10. www.sefa.org.za: https://seda.org.za
11. CIPC Registration Documents;
12. FICA documents (e.g. Municipal accounts, letter from traditional authority);
13. ID Copies of Directors/members;
14. 3 months Bank Statements;
15. Latest Annual Financial Statements or Management Accounts not older than three
16. months from date of application;
17. Business Pro­le;
18. 6 months Cash Flow Projections – where applicable;
19. Relevant Industry Certi­cation – where applicable;
20. Estimations for funding requested.

APPLICATION PROCESS

Register on https://smmesa.gov.za/

Complete online Application Form (to be released on Thursday, 02 April 2020);

Upload Required Supporting Documents

Email: info@dsbd.gov.za / info@mybindu.org.za

Phone: 0860 663 7867