Manufacturing Fund criteria

Size of the Fund R 300 million
Geographical Spread South Africa (Nationally), Namibia, Kenya, Rwanda
Financing Period 5 years
Minimum and Maximum R500 000 – R25 000 000 million per investment
Own contribution requirements The gearing and other factors that affect the viability of a transaction will be taken into consideration
Entrepreneur   –     Relevant experience 2 years’ experience in the relevant industry
Own contribution No minimum, but sound gearing is important
Pricing Quasi-equity and debt InstrumentsSelf-liquidating, partially secured instruments with target rates of return based on the perceived risk.
Viability Assessment of financial, business and environmental risk
Application documents Business plan, including financial forecasts
Businesses that qualify for the fund Commercially viable projects that are sustainable and profitable within the manufacturing arena
Exclusions All projects that are not profitable, viable and sustainable
Purpose of the funding
  • Facilitate economic growth
  • Create jobs
  • Facilitate the growth and expansion of entrepreneurs
  • Create wealth for entrepreneurs