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Important numbers

Emergency Hotline0800 029 999
WhatsApp Support Line 060 012 3456
Provincial Hotline021 928 4102
Bitou Municipality (Customer Care)044 501 3174/5
Fire / Rescue044 533 5000
Ambulance (Private)072 054 9110
Law Enforcement044 501 3240
Ambulance 10177
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Nature's Valley
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Wittedrift
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The Crags
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New Horizons
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Harkerville
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Thu
Thu
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Important numbers

Emergency Hotline 0800 029 999
WhatsApp Support Line 060 012 3456
Provincial Hotline 021 928 4102
Bitou Municipality (Customer Care) 044 501 3174/5
Fire / Rescue 044 533 5000
Ambulance (Private) 072 054 9110
Law Enforcement 044 501 3240
Ambulance 10177
29 April 2020

Youth Micro Enterprise Relief Fund

Trustliink Community members

The outbreak of COVID-19 has impacted a lot of enterprises globally and locally. Youth-owned enterprises have not been spared from this. A number of interventions have been announced by government and the private sector to help SMME mitigate the impact of COVID-19. It is therefore appropriate that NYDA should also provide a response for youth-owned enterprises. The NYDA is going to provide a Relief Fund to youth-owned enterprises for a period of three months. This fund is targeted at youth-owned businesses that meet the following criteria:

  • The youth owned enterprise must have been existing and operating for a period of six (6) months prior to the lockdown. Proof of this must be submitted in a form of management accounts (i.e. invoices, orders, etc.)
  • The youth owned enterprises must be able to provide financial statement for three (3) months before the lockdown and statements during the lockdown.
  •  The youth owned enterprise must submit CIPC registration documents except for informal businesses
  • The youth owned enterprise must provide proof of banking details that is not older than six (6) months  
  • Demonstrate how the enterprise has been impacted by COVID-19
  • The relief fund will cover operational costs only
  • The relief fund will be capped at a maximum of R10,000.00 per youth owned enterprise and this will be a once-off amount
  • The application period is from 20 April up to 30 May 2020

      The applicant must provide evidence of the following:

  • The enterprise is owned by youth between the age of 18 to 35 years
  • The owners are South African citizens
  • They are residing in South Africa
  • The business operates within the borders of South Africa
  • Download Application Form

Please see the link to access this information in more detail

Youth Micro Enterprise Relief Fund

Trustlink will help you apply correctly and make sure you meet the compliance criteria stated above.

Do share to all business and make sure they register to get funding and Tender updates

https://app.trustlink.africa/home

Last published 29 April 2020