Youth Challenge Fund (YCF) 2021 for South African (SA) Youths

challenge fund

Youth Challenge Fund (YCF) 2021 for South African (SA) Youths

YOUTH CHALLENGE FUND – Igniting Youth Entrepreneurship | Youth Challenge Fund (YCF) 2021 for South African (SA) Youths | South Africa 2021 Youth Challenge Fund

The Minister of Small Business Development, Stella Ndabeni-Abrahams is launching the Youth Challenge Fund  (YCF) during Global Entrepreneurship Week (GEW2021).

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) 2021 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) 2021 for South African (SA) Youths Application Requirements:

    • Funding queries can be directed to YCF Hotline on 0860 663 7867 or email: [email protected]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
Youth Challenge Fund (YCF) 2021 for South African (SA) Youths
Youth Challenge Fund (YCF) 2021 for South African (SA) Youths
Triple Michael
Triple Michael is a gamer and a computer enthusiast who enjoys assisting others by publishing answers to Windows and Android operating system difficulties. In his spare time, he likes watching movies and playing video games.