Call for Proposals for Enterprise Relief Fund in South Africa closing date 30 May 2021

Southern Africa Youth Project has published the Call for Proposals for Enterprise Relief Fund in South Africa closing date 30 May 2021

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  • Eligible Country: South Africa 
  • Closing Date: 30 May 2021
  • Categories of Organisations: All organisations 
  • Opportunity Type: Call for proposal
  • Submit Application: Online
  • Inviting Company/Donor: NYDA
  • Website for Application and information:  Click Here 

Description

The NYDA in an effort to mitigate the impact of COVID-19 will provide a Relief Fund to youth-owned enterprises for a period of three months. This fund is targeted at youth-owned businesses that meet the following criteria:

  • The youth owned enterprise must have been existing and operating for a period of six (6) months prior to the lockdown. Proof of this must be submitted in a form of management accounts (i.e. invoices, orders, etc.)
  • The youth owned enterprises must be able to provide financial statement for three (3) months before the lockdown and statements during the lockdown.
  • The youth owned enterprise must submit CIPC registration documents except for informal businesses
  • The youth owned enterprise must provide proof of banking details that is not older than six (6) months
  • Demonstrate how the enterprise has been impacted by COVID-19
  • The relief fund will cover operational costs only
  • The relief fund will be capped at a maximum of R10,000.00 per youth owned enterprise and this will be a once-off amount
  • The application period is from 20 April up to 30 May 2020

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