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Youth Challenge Fund: Supporting South African Youth Start-up Businesses/Enterprises

by opportunitydiary

Application Deadline: 20 December 2021

The Youth Challenge Fund (YCF) is a youth start-up support programme intended to stimulate the establishment and growth of youth-owned businesses, promote digital skills, grow the economy and foster job creation.

Eligibility criteria

In line with National Youth Policy, the YCF will be providing support to youth start-up businesses/enterprises who meet the following criteria:

  • Are between the age of 18 to 35 years.
  • Registered with CIPC and be prepared to register with SARS & UIF.
  • 100% South African owned.
  • Are adequately involved in the day-to-day operation and management of the business with at least one or more of the members being full-time employees of the company, especially the majority shareholder or essential personnel/applicant.
  • Prepared to participate in Business Development Support and mentorship (pre and post).
  • Commercially viable, sustainable and feasible business idea.

Application Procedure

Download the application form and submit it, with all required documentation to YCF@sefa.org.za.

Official Website: Youth Challenge Fund: Supporting South African Youth Start-up Businesses/Enterprises

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