Education Fund criteria

Size of the Fund R150 000 000
Geographical Spread National
Financing Period 5 – 10 years
Minimum and Maximum R500 000 – R25 000 000
Entrepreneur   –     Relevant experience Preferably
Own contribution Commensurate with the risk and financial model
Pricing Based on overall risk assessment
Application documents
  • Business plan
  • Annual financial statements
  • Up to date management accounts
  • Cash flow forecast
  • CV of entrepreneur/s
Businesses that qualify for the fund Any formal small or medium enterprise carrying on the business of the promotion of learning and/or other educational related services.
Exclusions Non-profit organisations
Purpose of the funding
  • Expansion
  • Working capital
  • Equipment
  • Takeovers
  • Start-up
  • Management buy-outs
  • Property finance for owner occupied businesses