Loan + Grant BlendB-BBEE Required

Old Mutual Masisizane Fund

Old Mutual Enterprise Development (Corporate ESD)

Overview

Get funding from R100,000 to R10 million with lower rates. Must create jobs to qualify.

Funding AmountR 100 000 - R 10 000 000
CoverageNational
Business StageGrowth, Established

Full Description

Blended finance for SMEs with job creation focus. Mix of grants and concessionary loans.

Eligibility Criteria

Min. Annual TurnoverR 1 000 000
Max. Annual TurnoverR 200 000 000
Min. Years Trading2 years
Min. B-BBEE LevelLevel 4
Min. Black Ownership50%

Prepare Your Application

Increase your chances of success with these preparation resources.

Pro tip:Run the Readiness Checker before applying. It identifies gaps in your documentation and helps you prepare a stronger application.