Applications for funding

NEF Vision
       Foreword: Minister of Trade & Industry
       Report of the Chairman
          The African Context
          Reviewing the Mandate
          The Core Challenge
          Assessing Achievements
          The Path Ahead
       Report of the CEO
          Introduction
          Macro-Economic Environment
          Strategic Projects Fund
          Financial Management
          Siyasebenza – Information systems
          Risk Management, Internal Audit and Compliance
          Thought Leadership
          Stakeholder Relations
          Human Resources
          Appreciation
          Asset Management

Executive Committee
          Philisiwe Buthelezi - Chief Executive Officer
          Andrew Wright - Chief Financial Officer

Colin Wayne Clarke III - Chief Operating Officer

Frencel Gillion
Barbara Lebogang Lombard

Board of Trustees
       Ronnie Ntuli (LLB) – Chairman
       Philisiwe Buthelezi - Chief Executive Officer
       Nolitha Fakude
       Rakesh Garach

Avril Halstead
Angelina Makwetla

Lloyd McPatie
       Maletsatsi Nomalanga Mosala
       Zukiswa Zandile Ntlangula
       Allon Raiz
       Kugan H Thaver
       Thabiso Tlelai

Andrew Wright

Strategic Background
Strategic Intent

Organisational structure

Products & Services
       iMbewu Fund
          Entrepreneurship Finance
          Procurement Finance
          Franchise Finance
       Rural & Community Development

Corporate Fund
          Acquisition Finance
          Project Finance
          Expansion Capital
          Capital Markets
          Liquidity & Warehousing
          Strategic Projects

Non-financial business support

Applications for funding

Asset Management

ASONGE
       A Historic achievment
       Where did it all begin?
       What is ASONGE?
       ASONGE dates
       Share allocation results

Links
Business Resources
Acts & Regulations

Resource Center
       Presentations
       Annual Reports
       Speeches
       FAQ

Nef in the media
Media Monitoring SA
Media statements

Glossary

Contacts

Applications for funding

Completing the Application Form
Having read and understood how the NEF is structured to assist black entrepreneurs and businesses, the next logical steps is to do a self-needs analysis to see how the NEF is able to assist you and your business needs. To engage them is as simple as taking the first step of filling in an application form that will present your business case for assessment based on the criteria described below.

Your proposal needs to contain comprehensive information to support the commercial viability and the financial position of your business and a business plan guideline has been provided on the application form, to highlight the various topics you need to cover when making your submission.

Click here to download application form

The NEF funds entrepreneurial individuals and groups that further BB-BEE in South Africa.

The merits of your application for funding will be qualified in terms of:

• Commercial viability of the project
• Compliance with all relevant laws and regulations
• Black managerial and operational involvement
• Percentage of black ownership or interest
• Return on investment
• Job creation
• Geographic location of business (rural/urban/disadvantaged area)
• Black women empowerment
• Community involvement
• Possibility of co-funding (private or public sector)

Once your application has been received it will be entered into a deal-flow pipeline when it has fulfilled the mandatory requirements and it will go through various processes, summarised by the diagram below, towards final approval and disbursement of the funds

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