Programme: Umnotho
Fund - New Venture Finance
Organisation: The National Empowerment Fund
Type of Support
· Funding
Programme Description
The funds available in this programme can include a combination of debt, equity, and mezzanine finance, and generally not contribute more than 50% of total project costs.
Capital ranging from R5m to R25m is available.
Applicants seeking to participate in medium sized new (greenfields) projects with total funding requests of between R10 million to R200 million are also funded.
The NEF investment horizon is 5 to 10 years.
Target Market
Registered companies with a minimum BEE shareholding of 25.1%
Application Process
Active involvement of the BEE partners in these ventures
Security to include personal guarantees
Success Stories
<Success stories to be requested from the NEF>
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: 011 305 8001
Call Centre: 0861 843 633 / 0861 (THE NEF)
Provincial Offices
Eastern Cape
7b Derby Road, Berea, East London 5241
Telephone: (043) 783 4200 or 0861 NEF ECP (0861 633 327)
Fax: 0861 ECP NEF (0861 327 633)
Email: easterncape@nefcorp.co.za
Free State Province
34 Fountain Towers, Corner Zastron and Markgraaf Street, Westdene, Bloemfontein, 9300
Telephone: 0861 NEF FSP (0861 633 377)
Fax: 0861 FSP NEF (0861 377 633)
Email: freestate@nefcorp.co.za
KwaZulu-Natal
Smart X - Change Building, 5 Walnut Road, Durban, 4001
Tel: (031) 301 1960 or 0861 NEF KZN (0861 633 596)
Fax: 0861 KZN NEF (0861 596 633)
Email: kzn@nefcorp.co.za
Limpopo
Suite 8, Biccard Park, 43 Biccard Street, Polokwane 0699
Telephone: (015) 294 9200 or 0861 NEF LIM (0861 633 546)
Fax: 0861 LIM NEF (0861 546 633)
Email: limpopo@nefcorp.co.za
Mpumalanga
Trust Building, 16 Brander Street, Nelspruit, 1200
Telephone: (013) 754 9860 or 0861 NEF MPU (0861 633 678) or 013 754 9860
Fax: 0861 MPU NEF (0861 678 633)
Email: mpumalanga@nefcorp.co.za
North West
32B Heystek Street, Sunetco Office Park, Ground Floor, Rustenburg, 0299
Telephone: 0861 NEF NWP (0861 633 697)
Fax: 0861 NWP NEF (0861 697 633)
Email: northwest@nefcorp.co.za
Northern Cape
Telephone: 0861 NEF NCP (0861 633 627)
Fax: 0861 NCP NEF (0861 627 633)
Email: northerncape@nefcorp.co.za
Western Cape
Suite 2818, 28th Floor, ABSA Centre, 2 Riebeek Street, Cape Town 8001
Telephone: (021) 431 4760 or 0861 NEF WCP (0861 633 927)
Fax: 0861 WCP NEF (0861 927 633)
Email: westerncape@nefcorp.co.za
Organisation: The National Empowerment Fund
Type of Support
· Funding
Programme Description
The funds available in this programme can include a combination of debt, equity, and mezzanine finance, and generally not contribute more than 50% of total project costs.
Capital ranging from R5m to R25m is available.
Applicants seeking to participate in medium sized new (greenfields) projects with total funding requests of between R10 million to R200 million are also funded.
The NEF investment horizon is 5 to 10 years.
Target Market
Registered companies with a minimum BEE shareholding of 25.1%
Application Process
Active involvement of the BEE partners in these ventures
Security to include personal guarantees
Success Stories
<Success stories to be requested from the NEF>
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: 011 305 8001
Call Centre: 0861 843 633 / 0861 (THE NEF)
Provincial Offices
Eastern Cape
7b Derby Road, Berea, East London 5241
Telephone: (043) 783 4200 or 0861 NEF ECP (0861 633 327)
Fax: 0861 ECP NEF (0861 327 633)
Email: easterncape@nefcorp.co.za
Free State Province
34 Fountain Towers, Corner Zastron and Markgraaf Street, Westdene, Bloemfontein, 9300
Telephone: 0861 NEF FSP (0861 633 377)
Fax: 0861 FSP NEF (0861 377 633)
Email: freestate@nefcorp.co.za
KwaZulu-Natal
Smart X - Change Building, 5 Walnut Road, Durban, 4001
Tel: (031) 301 1960 or 0861 NEF KZN (0861 633 596)
Fax: 0861 KZN NEF (0861 596 633)
Email: kzn@nefcorp.co.za
Limpopo
Suite 8, Biccard Park, 43 Biccard Street, Polokwane 0699
Telephone: (015) 294 9200 or 0861 NEF LIM (0861 633 546)
Fax: 0861 LIM NEF (0861 546 633)
Email: limpopo@nefcorp.co.za
Mpumalanga
Trust Building, 16 Brander Street, Nelspruit, 1200
Telephone: (013) 754 9860 or 0861 NEF MPU (0861 633 678) or 013 754 9860
Fax: 0861 MPU NEF (0861 678 633)
Email: mpumalanga@nefcorp.co.za
North West
32B Heystek Street, Sunetco Office Park, Ground Floor, Rustenburg, 0299
Telephone: 0861 NEF NWP (0861 633 697)
Fax: 0861 NWP NEF (0861 697 633)
Email: northwest@nefcorp.co.za
Northern Cape
Telephone: 0861 NEF NCP (0861 633 627)
Fax: 0861 NCP NEF (0861 627 633)
Email: northerncape@nefcorp.co.za
Western Cape
Suite 2818, 28th Floor, ABSA Centre, 2 Riebeek Street, Cape Town 8001
Telephone: (021) 431 4760 or 0861 NEF WCP (0861 633 927)
Fax: 0861 WCP NEF (0861 927 633)
Email: westerncape@nefcorp.co.za
|
Register to get updates and get long-term access to all programme information. We hope to keep you up to date with regards to new programmes as well as new thought leadership articles.
Our aim is to partner with you in maximising your success through the programmes available to support your business. |