{"id":2869,"date":"2020-03-23T18:00:53","date_gmt":"2020-03-23T18:00:53","guid":{"rendered":"http:\/\/localhost\/2020\/swoopMW20\/?post_type=knowledge-hub&#038;p=2869"},"modified":"2023-06-01T20:58:46","modified_gmt":"2023-06-01T20:58:46","slug":"government-funding","status":"publish","type":"knowledge-hub","link":"https:\/\/swoopfunding.com\/za\/knowledge-hub\/government-funding\/","title":{"rendered":"Government funding"},"content":{"rendered":"\n <div class=\"faq-accordion faq-accordion1274\">\n <div class=\"card\">\n <div class=\"card-header\" id=\"heading01274\">\n <h5 class=\"mb-0\">\n <a class=\"btn btn-link\" data-toggle=\"collapse\" data-target=\"#collapse01274\" aria-expanded=\"true\" aria-controls=\"collapse0\">\n What is grant funding? <\/a>\n <\/h5>\n <\/div>\n\n <div id=\"collapse01274\" class=\"collapse show\" aria-labelledby=\"heading0\" data-parent=\".faq-accordion1274\">\n <div class=\"card-body\">\n <p><em data-rich-text-format-boundary=\"true\">Government or developing funding is a form of finance provided by either government or private organisations for a specific purpose. The eligibility criteria vary greatly.<\/em><br data-rich-text-line-break=\"true\" \/><br data-rich-text-line-break=\"true\" \/>There are hundreds of government business funding options available in South Africa at both the national and regional level. They are often sector-specific or tied to a particular product or outcome.<\/p>\n <\/div>\n <\/div>\n <\/div>\n <div class=\"card\">\n <div class=\"card-header\" id=\"heading11274\">\n <h5 class=\"mb-0\">\n <a class=\"btn btn-link\" data-toggle=\"collapse\" data-target=\"#collapse11274\" aria-expanded=\"true\" aria-controls=\"collapse1\">\n Is it suitable for an SME? <\/a>\n <\/h5>\n <\/div>\n\n <div id=\"collapse11274\" class=\"collapse \" aria-labelledby=\"heading1\" data-parent=\".faq-accordion1274\">\n <div class=\"card-body\">\n <p>Eligible businesses or social enterprises may benefit.<\/p>\n <\/div>\n <\/div>\n <\/div>\n <div class=\"card\">\n <div class=\"card-header\" id=\"heading21274\">\n <h5 class=\"mb-0\">\n <a class=\"btn btn-link\" data-toggle=\"collapse\" data-target=\"#collapse21274\" aria-expanded=\"true\" aria-controls=\"collapse2\">\n Which South African agencies and government funds to consider? <\/a>\n <\/h5>\n <\/div>\n\n <div id=\"collapse21274\" class=\"collapse \" aria-labelledby=\"heading2\" data-parent=\".faq-accordion1274\">\n <div class=\"card-body\">\n <p>The South African government has established a number of agencies and funds to support small businesses, including:<\/p>\n<ul>\n<li>The\u00a0<a href=\"https:\/\/www.idc.co.za\/\" target=\"_blank\" rel=\"noopener\">IDC\u00a0<\/a>is a national development finance institution set up to promote economic growth and industrial development. They offer loan amounts of a minimum of R1-million with a maximum of R1-billion per project allowed<\/li>\n<li><a href=\"https:\/\/www.sefa.org.za\/\" target=\"_blank\" rel=\"noopener\">SEFA\u00a0<\/a>provides financial and business support to numerous SMEs and cooperatives throughout the country, furthering the development of existing enterprises or the establishment of new enterprises<\/li>\n<li><a href=\"http:\/\/www.seda.org.za\/\" target=\"_blank\" rel=\"noopener\">SEDA\u00a0<\/a>is tasked with developing, supporting and promote small enterprises throughout the country, ensuring their growth and sustainability<\/li>\n<li>The\u00a0<a href=\"https:\/\/www.nefcorp.co.za\/\" target=\"_blank\" rel=\"noopener\">NEF\u00a0<\/a>is tasked with promoting and facilitating black economic participation by providing financial and non-financial support to black empowered businesses and promoting a culture of savings and investment among black people<\/li>\n<li>The\u00a0<a href=\"https:\/\/www.tia.org.za\/\" target=\"_blank\" rel=\"noopener\">Technology Innovation Agency (TIA)<\/a>\u00a0was established in terms of the TIA Act 26 of 2008, with the objective of stimulating and intensifying technological innovation in order to improve economic growth and the quality of life of all South Africans<\/li>\n<li>The\u00a0<a href=\"http:\/\/www.thedtic.gov.za\/\" target=\"_blank\" rel=\"noopener\">DTIC\u00a0<\/a>and its subsidiary agencies are involved in promoting economic development, black economic empowerment, implementing commercial law, promoting and regulating international trade, and consumer protection<\/li>\n<\/ul>\n <\/div>\n <\/div>\n <\/div>\n <\/div>\n \n <script type=\"application\/ld+json\">\n    {\n        \"@context\": \"https:\/\/schema.org\",\n        \"@type\": \"FAQPage\",\n        \"mainEntity\": [\n                                {\n                \"@type\": \"Question\",\n                \"name\": \"What is grant funding?\",\n                \"acceptedAnswer\": {\n                    \"@type\": \"Answer\",\n                    \"text\": \"Government or developing funding is a form of finance provided by either government or private organisations for a specific purpose. The eligibility criteria vary greatly.There are hundreds of government business funding options available in South Africa at both the national and regional level. They are often sector-specific or tied to a particular product or outcome.\"\n                }\n            },                                {\n                \"@type\": \"Question\",\n                \"name\": \"Is it suitable for an SME?\",\n                \"acceptedAnswer\": {\n                    \"@type\": \"Answer\",\n                    \"text\": \"Eligible businesses or social enterprises may benefit.\"\n                }\n            },                                {\n                \"@type\": \"Question\",\n                \"name\": \"Which South African agencies and government funds to consider?\",\n                \"acceptedAnswer\": {\n                    \"@type\": \"Answer\",\n                    \"text\": \"The South African government has established a number of agencies and funds to support small businesses, including:  The\u00a0IDC\u00a0is a national development finance institution set up to promote economic growth and industrial development. They offer loan amounts of a minimum of R1-million with a maximum of R1-billion per project allowed SEFA\u00a0provides financial and business support to numerous SMEs and cooperatives throughout the country, furthering the development of existing enterprises or the establishment of new enterprises SEDA\u00a0is tasked with developing, supporting and promote small enterprises throughout the country, ensuring their growth and sustainability The\u00a0NEF\u00a0is tasked with promoting and facilitating black economic participation by providing financial and non-financial support to black empowered businesses and promoting a culture of savings and investment among black people The\u00a0Technology Innovation Agency (TIA)\u00a0was established in terms of the TIA Act 26 of 2008, with the objective of stimulating and intensifying technological innovation in order to improve economic growth and the quality of life of all South Africans The\u00a0DTIC\u00a0and its subsidiary agencies are involved in promoting economic development, black economic empowerment, implementing commercial law, promoting and regulating international trade, and consumer protection \"\n                }\n            }          ]\n    }\n    <\/script>\n \n","protected":false},"excerpt":{"rendered":"","protected":false},"author":80,"menu_order":2,"template":"","segment":[301,302],"class_list":["post-2869","knowledge-hub","type-knowledge-hub","status-publish","hentry","segment-government-agencies-and-funds","segment-types-of-finance"],"acf":[],"featured_image_urls_v2":{"full":"","thumbnail":"","medium":"","medium_large":"","large":"","1536x1536":"","2048x2048":"","image_blog":"","image_podcast":"","image_banking":"","image_blog_internal":"","image_blog_medium":"","image_single_banking":""},"post_excerpt_stackable_v2":"<p>What is grant funding? Government or developing funding is a form of finance provided by either government or private organisations for a specific purpose. The eligibility criteria vary greatly.There are hundreds of government business funding options available in South Africa at both the national and regional level. They are often sector-specific or tied to a particular product or outcome. Is it suitable for an SME? Eligible businesses or social enterprises may benefit. Which South African agencies and government funds to consider? The South African government has established a number of agencies and funds to support small businesses, including: The\u00a0IDC\u00a0is a&hellip;<\/p>\n","category_list_v2":"","author_info_v2":{"name":"Alastair Woods","url":"https:\/\/swoopfunding.com\/za\/author\/alastair-woods\/"},"comments_num_v2":"0 comments","_links":{"self":[{"href":"https:\/\/swoopfunding.com\/za\/wp-json\/wp\/v2\/knowledge-hub\/2869","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/swoopfunding.com\/za\/wp-json\/wp\/v2\/knowledge-hub"}],"about":[{"href":"https:\/\/swoopfunding.com\/za\/wp-json\/wp\/v2\/types\/knowledge-hub"}],"author":[{"embeddable":true,"href":"https:\/\/swoopfunding.com\/za\/wp-json\/wp\/v2\/users\/80"}],"version-history":[{"count":0,"href":"https:\/\/swoopfunding.com\/za\/wp-json\/wp\/v2\/knowledge-hub\/2869\/revisions"}],"wp:attachment":[{"href":"https:\/\/swoopfunding.com\/za\/wp-json\/wp\/v2\/media?parent=2869"}],"wp:term":[{"taxonomy":"segment","embeddable":true,"href":"https:\/\/swoopfunding.com\/za\/wp-json\/wp\/v2\/segment?post=2869"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}