Programme: NEF
Strategic Projects Fund
Organisation: National Empowerment Fund
Type of Support
· Funding.
Programme Description
Venture Capital Finance to assist BBBEE candidates to participate in strategic projects at early stages of the projects.
NEF will warehouse equity for BBBEE in projects at valuations and then distribute this to BBBEE companies at lower valuations once the project is operational
The amounts vary from R1million to R5 million
Target Market
BBBEE Companies that are involved in any of the following areas;
· renewable energy;
· business process outsourcing;
· tourism;
· manufacturing;
· mining and mineral beneficiation;
· agriculture;
· textiles;
· automobiles;
· plastics;
· pharmaceuticals and chemicals;
· forestry;
· pulp and paper and
· infrastructure- (telecommunications, healthcare, roads, rail, air ports dams and water).
Application Process
Applicants must download the application form that is available online and submit it to the email that is given.
Success Stories
i. The BEE partner of DMS Powders received funding of R30 million. It is the largest global supplier of atomised and milled ferrosilicon, producing 42 000 tons per annum.
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: 011 305 8000
Fax: 011 305 8001
Call Centre: 0861 843 633 / 0861 (THE NEF)
Organisation: National Empowerment Fund
Type of Support
· Funding.
Programme Description
Venture Capital Finance to assist BBBEE candidates to participate in strategic projects at early stages of the projects.
NEF will warehouse equity for BBBEE in projects at valuations and then distribute this to BBBEE companies at lower valuations once the project is operational
The amounts vary from R1million to R5 million
Target Market
BBBEE Companies that are involved in any of the following areas;
· renewable energy;
· business process outsourcing;
· tourism;
· manufacturing;
· mining and mineral beneficiation;
· agriculture;
· textiles;
· automobiles;
· plastics;
· pharmaceuticals and chemicals;
· forestry;
· pulp and paper and
· infrastructure- (telecommunications, healthcare, roads, rail, air ports dams and water).
Application Process
Applicants must download the application form that is available online and submit it to the email that is given.
Success Stories
i. The BEE partner of DMS Powders received funding of R30 million. It is the largest global supplier of atomised and milled ferrosilicon, producing 42 000 tons per annum.
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: 011 305 8000
Fax: 011 305 8001
Call Centre: 0861 843 633 / 0861 (THE NEF)
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