SMMES - BUSINESS GROWTH/RESILIENCE FACILITY

BENEFITTING SMMES

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Businesses geared to take advantage of supply opportunities resulting from the Coronavirus pandemic or shortage of goods in the local market.

QUALIFYING CRITERIA

• The business must have been registered with CIPC by at least 28 February 2020;

• Company must be 100% owned by South African Citizens;

• Employees must be 70% South Africans;

• Priority will be given to businesses owned by Women, Youth and People with Disabilities;

• Be registered and compliant with SARS and UIF;

• For non-compliant Micro businesses, Seda will assist them to comply and request for
  assistance must be sent to: ;

• Registration on the National SMME Database:

• Complete the simplified online application form available from ;
  :

• CIPC Registration Documents;

• FICA documents (e.g. Municipal accounts, letter from traditional authority);

• ID Copies of Directors/members;

• 3 months Bank Statements;

• Latest Annual Financial Statements or Management Accounts not older than three months from date of application;

• Business Profile;

• 6 months Cash Flow Projections – where applicable;

• Relevant Industry Certification – where applicable;

• Estimations for funding requested.

APPLICATION PROCESS

• Register on

• Complete online Application Form (to be released on Thursday, 02 April 2020);

• Upload Required Supporting Documents

• Guidelines for Business Growth Resilience Facility Application