LoanB-BBEE Required
SMME Crisis Partnership Fund
Gauteng Enterprise Propeller (Government Agency)
Overview
Emergency loans for township businesses in Gauteng. R500k to R1.5m if your revenue is under R20 million.
Funding AmountR 500 000 - R 1 500 000
CoverageGauteng
Business StageGrowth, Established
Full Description
R300 million debt fund for Gauteng township SMMEs (partnership with IDC and SA SME Fund). Loans R500k to R1.5m for businesses with revenue under R20m.
Eligibility Criteria
Min. Annual TurnoverR 500 000
Max. Annual TurnoverR 20 000 000
Min. Years Trading1 years
Min. B-BBEE LevelLevel 4
Min. Black Ownership51%
Target SectorsManufacturing, Services, Retail, Construction
Prepare Your Application
Increase your chances of success with these preparation resources.
Provider Guide
Learn about Gauteng Enterprise Propeller'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
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