Loan + Grant BlendB-BBEE Required
Tourism Equity Fund (TEF)
Department of Tourism (Government Agency)
Overview
Big funding for tourism businesses - get a mix of loans and grants. Minimum R10 million, grants up to R20 million.
Funding AmountR 10 000 000 - R 200 000 000
CoverageNational
Business StageGrowth, Established
Full Description
R1.2 billion fund offering blended finance (loans + grants) for tourism enterprises. Grants capped at R20 million. Minimum transaction R10 million. Implemented by SEDFA.
Eligibility Criteria
Min. Annual TurnoverR 5 000 000
Min. Years Trading2 years
Min. B-BBEE LevelLevel 4
Min. Black Ownership51%
Target SectorsTourism, Hospitality
Prepare Your Application
Increase your chances of success with these preparation resources.
Provider Guide
Learn about Department of Tourism's application process
Document Checklist
Requirements and deadlines
Download Templates
Business plan, cash flow, projections
Legal Framework
Relevant legislation and compliance
Compliance Check
Verify your CIPC, SARS, B-BBEE status
Get Expert Help
Find a funding specialist
Pro tip:Run the Readiness Checker before applying. It identifies gaps in your documentation and helps you prepare a stronger application.