NYDA funding

Requirements

Information services

NYDA funding

How do you qualify for NYDA funding?

The application process for the NYDA grant includes:

  1. You must apply before the age of 35.
  2. Submit all required documents.
  3. Proof that you have attended a business management course.
  4. A 10-minutes business pitch can be conducted telephonically or in person.
  5. A due diligence report will be conducted by an NYDA official.

How much can NYDA fund me?

Require finance to substitute an existing financier; An individual or business shall not receive a cumulative grant amount above R200 000 from NYDA during their lifetime except for cooperatives (for agriculture and technology related projects the maximum cumulative value is R250,000.00).

How do I submit my CV to NYDA?

Visit any of the NYDA branches to register your CV or contact the call centre at 087 158 4742. -This article was originally published in the GCIS Vuk’uzenzele.

What is the voucher program in NYDA?

A voucher is used to purchase business support services from approved service providers. Services on offer include, but not limited to: Business Feasibility. Bookkeeping and Financial Administration.

nyda funding


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