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

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

 

 

 

 

 

 

 

 

Read Also: UN YPP Young Professionals Programme 2022/2023

 

 

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