Youth Challenge Fund (YCF) 2022 for South African (SA) Youths

Youth Challenge Fund (YCF) ;-  YCF 2022 for South African (SA) Youths | South Africa 2022 Youth Challenge Fund | YOUTH CHALLENGE FUND – igniting youth entrepreneurship.

Youth Challenge Fund (YCF) 2022 for South African (SA) Youths

During Global Entrepreneurship Week, Stella Ndabeni-Abrahams, the minister of small business development, is unveiling the Youth Challenge Fund (YCF) (GEW2022).

For 15,000 qualified entrepreneurs, the YCF is available. It is a youth start-up assistance program designed to encourage the creation and expansion of youth-owned firms, advance digital literacy, boost the economy, and support job growth.

Youth Challenge Fund (YCF) 202 for South African (SA) Youths Qualifying Criteria:

• 18 to 35 years of age
• registered with CIPC, ready to register with SARS, and 100% SA UIF owned
• Are sufficiently involved in running and managing the company on a day-to-day basis, with at least one or more of the members working there full-time, preferably the primary applicant.
• ready to take part in BDS and mentoring (pre and post)
• a practical, sustainable, and commercially viable business idea.

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Youth Challenge Fund (YCF) 2022 for South African (SA) Youths Application Requirements:

• Applications must be submitted in full to YCF@sefa.org.za.
• Questions about funding should be sent to the YCF Hotline at 0860 663 7867 or by email at info@dsbd.gov.za.
• Small businesses in need of non-financial assistance will be directed to Seda for further assistance.
• Director and founding member resumes and certified ID copies
• Proof of the director(s)’ residential address(es) is necessary. The applicant must have an established physical address or domicile.
• submit a form of application online
• Documents for legally registering a corporation CIPC
• official identification documents for business proprietors
• Account documentation for a firm that is not more than three months established, as certified by the bank

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