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Find Business Funding Opportunities in South Africa

Explore verified grants, loans, and equity programs from Government DFIs (IDC, SEFA, NEF, Land Bank) and Corporate ESD programs (FNB, Anglo, Sasol, MTN, and more), all in one place. Includes non-repayable small business grants, government funding for small business, and women-led funds across South Africa.

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Frequently Asked Questions

Everything you need to know about SME funding

What funding options are available for small businesses in South Africa?
Grants, loans, equity, and hybrid programs from DFIs such as IDC, SEFA, and NEF. Programs range from R50,000 for startups to R50 million+ for established enterprises. This includes non-repayable small business grants you don't pay back, plus government funding for small business and corporate ESD programs.
Are there non-repayable small business grants in South Africa?
Yes. Non-repayable grants are funding you don't have to pay back, usually tied to job creation, B-BBEE, youth, or women ownership, or a specific sector like manufacturing or agriculture. Programs include the SAB Foundation, the National Empowerment Fund, the dtic incentive grants, and corporate enterprise and supplier development (ESD) funds. We list the ones open to SMMEs and link straight to how to apply.
What funding is available for women-led businesses in South Africa?
Several women-led funds and women-owned business funding programs operate in South Africa, including the SAB Foundation Women in Business programme, the Isivande Women's Fund, and women-focused windows within IDC, NEF, and corporate ESD funds. Filter the funding directory by eligibility to find programs that prioritise women ownership.
Where do I find SEFA funding application forms?
SEFA (Small Enterprise Finance Agency) applications start on the official sefa.org.za portal. Each SEFA program on ProTenders links to the right application route and lists the documents you'll need - financial statements, a business plan, CSD registration, and proof of company registration.
Who qualifies for SME funding?
Registered South African entities that meet the eligibility criteria for each program. Most programs target businesses with 51% black ownership, annual turnover below R100 million, and viable business plans.
How do I apply for funding?
Each funding program lists its requirements and provides a link to apply or contact the provider directly. Most applications require financial statements, business plans, and proof of registration.
How long does it take to get approved?
Application processing varies by institution. SEFA typically takes 4-6 weeks, IDC 6-8 weeks for loans under R10 million, and NEF 8-12 weeks depending on the program and due diligence requirements.

How SMME funding actually works in South Africa

Where the money comes from, and what each type expects back

South African SMME funding splits into three things that get talked about as if they were one. Grants are money you do not repay. Loans are money you repay with interest. Equity is money you take in exchange for a share of the business. Most people searching for “non-repayable grants” are looking for the first, and it is worth being honest that it is the smallest and most competitive pool of the three, usually targeted at specific groups, sectors or development outcomes rather than available to any business that asks.

Grants and non-repayable funding

Grant funding in South Africa is nearly always tied to a development mandate: youth-owned businesses, women-owned businesses, township and rural enterprises, manufacturing, agro-processing, or job creation. The National Youth Development Agency runs grant and blended programmes for young entrepreneurs. The Department of Small Business Development and its agencies run sector and township programmes. The Department of Trade, Industry and Competition runs incentive schemes aimed at manufacturing and export capacity. Because they are non-repayable, they are heavily oversubscribed and heavily documented, so treat the application like a tender bid rather than a form.

Development finance loans

This is where most of the actual money sits. The Small Enterprise Finance Agency (sefa) lends to small and micro enterprises, directly and through intermediaries, at the smaller end of the market. The Industrial Development Corporation funds larger industrial and manufacturing projects. The National Empowerment Fund funds black-owned and black-empowered businesses. The Land Bank funds agriculture. These are still loans, so they want to see that the business can service the debt, but development finance institutions take on risk and terms that commercial banks typically will not.

Contract-backed finance

If you have already won a tender or a purchase order, a different door opens. Purchase order funding, tender finance and invoice discounting are underwritten by the contract rather than by your balance sheet, which is why they are often the most realistic option for a young business holding a signed award it cannot afford to deliver. This is the single most common funding gap we see: the contract is won, the deposit on materials is due, and the money only arrives after delivery.

What every funder will ask you for

The paperwork is more consistent than the marketing suggests. Expect to need company registration documents from CIPC, a tax compliance status from SARS, a B-BBEE certificate or a sworn affidavit if you are an Exempted Micro Enterprise, six to twelve months of bank statements, management accounts or annual financial statements, identity documents for all directors, and a business plan with financial projections that reconcile to those statements. Applications fail more often on inconsistency between these documents than on the strength of the business itself, so get them agreeing with each other before you submit anywhere.

Funding and tenders are the same journey

Worth saying plainly, because it decides which door you should walk through first: a funder assessing a young business wants evidence of revenue you can actually win, and a signed government contract is about the strongest evidence of that there is. Winning a tender makes you fundable, and contract-backed finance then makes the tender deliverable. If you are at the start of this, registering on the Central Supplier Database and setting a free alert for the work you can do costs nothing and starts building exactly the track record funders ask to see.

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