Loan + Grant BlendB-BBEE Required
Nedbank Enterprise Development Fund
Nedbank (Commercial Bank)
Overview
Special funding for black-owned businesses: mix of grants and low-interest loans. Easier approval process.
Funding AmountR 50 000 - R 5 000 000
CoverageNational
Business StageStartup, Growth, Established
Full Description
Preferential funding for qualifying black-owned SMEs. Blended finance with grants and concessionary loans.
Eligibility Criteria
Min. Annual TurnoverR 250 000
Min. Years Trading0 years
Min. B-BBEE LevelLevel 4
Prepare Your Application
Increase your chances of success with these preparation resources.
Provider Guide
Learn about Nedbank'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.