What is happening?
The National Empowerment Fund (NEF) is inviting black-owned businesses to apply for funding ranging from R250,000 to R75 million. The fund is designed to support growth across key sectors of the South African economy, including agriculture, manufacturing, tourism, energy, and construction.
The announcement was shared by O.R. Tambo District Municipality, which encouraged local entrepreneurs to explore the NEF’s updated online application platform.
Why it matters to you
This funding could help start, expand, or stabilise your black-owned business. Whether you’re running a small-scale manufacturing operation or planning a large infrastructure project, the NEF offers tailored financial solutions to match your growth stage.
The new online platform makes it easier to apply — no travel or paperwork needed to start the process.
What you need to know
Funding ranges
- Minimum: R250,000
- Maximum: R75 million
Eligible sectors (examples)
- Agriculture and agro-processing
- Renewable energy
- Tourism and hospitality
- Construction and engineering
- Creative industries
- Mining services
- Manufacturing
- ICT and telecoms
Who qualifies
To apply, your business must be:
- Majority black-owned and managed
- Commercially viable
- Operating in South Africa
- In need of start-up, expansion or acquisition capital
Note: Each NEF product has its own requirements — applicants must choose the right funding solution for their business type.
What you should do next
- Explore NEF funding options
Visit: https://www.nefcorp.co.za/products-services - Register and apply online
Use the NEF’s secure application platform: https://online.nefcorp.co.za - Prepare your documents
While registration is easy, you may need a business plan, financial forecasts, and compliance documents for full applications. - Contact NEF for help
- Phone: 0861 843 633
- Website: www.nefcorp.co.za
