Programme: iMbewu Fund – Procurement Finance

Organisation: National Empowerment Fund


Type of Support

·         Funding;

·         Training; and

·         Mentorship.


Programme Description

Procurement Finance- for small businesses that have been awarded tenders / contracts by public or private entities

Funding instruments include term loans, bridging finance asset finance, revolving facilities and debt finance.

The funding is capped at R10 million. Mentorship is given where gaps are identified.


Target Market

Small businesses with at least 50.1% black ownership. There must be active participation by black individuals in the operations of the business


Application Process

Download the application form that is available online, complete and submit it.


Success Stories

i.            The Middledrift Community formed the Gwelindaba Trust, to work in partnership with The NEF and Amadlelo Agri (Pty) Ltd to establish Middledrift Dairy which is a commercial dairy farm. This has brought positive change to the lives of the people in the Middledrift community. With R9 920 000 funding  from the NEF as well as additional funding from Amadlelo Agri, The money was used as start-up capital, and all the milk produced is sold to Clover.


Contact Details

The Company website: http://www.nefcorp.co.za/ 

Applications for funding can be sent to  applications@nefcorp.co.za 

General enquiries can be made on: info@nefcorp.co.za


Head office

West Block, 187 Rivonia Road, Morningside 2057

Telephone:11 305 8000  

Fax: 11 305 8001

Call Centre: 0861 843 633 / 0861 (THE NEF)