Youth Challenge Fund (YCF) 2022 for South African (SA) Youths;- The Minister of Small Business Development, Stella Ndabeni-Abrahams is launching the Youth Challenge Fund (YCF) during Global Entrepreneurship Week (GEW2022).
South Africa is a country on the southernmost tip of the African continent, marked by several distinct ecosystems. Inland safari destination Kruger National Park is populated by big game.
The YCF is for 15,000 qualifying entrepreneurs. It 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.
Youth Challenge Fund (YCF) 2022
Youth Challenge Fund (YCF) 2022 for South African (SA) Youths Qualifying Criteria:
- Age – 18 to 35 years
- Registered with CIPC and be prepared to register with SARS & UIF
- 100% SA 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 a fulltime employee of the business, especially the main applicant.
- Prepared to participate in BDS and mentorship (pre and post)
- Commercially viable, sustainable and feasible business idea
Youth Challenge Fund (YCF)2022 for South African (SA) Youths Application Requirements:
- Completed application forms are submitted to YCF@sefa.org.za
- Funding queries can be directed to YCF Hotline on 0860 663 7867 or email: info@dsbd.gov.za.
- Small enterprises that require non-financial support will be referred to Seda for further handling.
- CVs and certified ID Copies of Directors/founding members
- Applicant must have a fixed physical address or domicile, proof of director(s) residential address(s) required.
- Submit an on-line application form
- Certified company registration documents CIPC
- Certified company owners identity documents
- Proof of business banking account not older than three months certified by the bank
South Africa is a country on the southernmost tip of the African continent, marked by several distinct ecosystems. Inland safari destination Kruger National Park is populated by big game. The Western Cape offers beaches, lush winelands around Stellenbosch and Paarl, craggy cliffs at the Cape of Good Hope, forest and lagoons along the Garden Route, and the city of Cape Town, beneath flat-topped Table Mountain.