Programme: Western Cape Department of Economic Development and Tourism Enterprise Development Fund
 
Organisation: An initiative between The Western Cape Department of Economic Development and Tourism and The National Empowerment Fund.
 

Type of Support

• Funding.

 

Programme Description

Low cost loans that range from R250 000 to R75 000 000 are available in this programme.
 

Target Market

Companies operating in the Western Cape area as follows:

• SMMEs with a minimum black ownership of 51%. The annual turnover of the business must be between R500 000 and R5 000 000 per annum.
• Cooperatives

  

Application Process

Applicants are to submit their business plans / proposals to the Department.
The applications must include three months bank statements as well as their latest financial statements. 
 

Success Stories

<Success stories to be requested from the Western Cape Department of Economic and Tourism>
 

Contact Details
Physical address:
9 Wale Street,
Cape Town
 
Name of contact person: Mr Peter-Jon Thebus,
Telephone: 021 483 9026
E-mail Peter-Jon.Thebus@westerncape.gov.za