LoanDevelopment finance institution

NEF Women Empowerment Fund

National Empowerment Fund (NEF)

A ring-fenced pool of NEF funding for businesses majority-owned by black women, across all NEF products from start-up to expansion.

Amount

R250 000 – R75 000 000

Deadline

Rolling: apply any time

Where

National

Who it is for

Women-owned, Black-owned, Small businesses

Sectors

All sectors

The Women Empowerment Fund was created because black women received a small share of NEF approvals. It ring-fences capital for businesses that are majority-owned and managed by black women, and applies across the NEF's iMbewu, uMnotho and Rural and Community Development products, from R250 000 to R75 million.

Applications follow the normal NEF process but are prioritised and supported by the NEF's pre- and post-investment units, which help with business plans and mentorship.

Who qualifies

At least 50.1% owned and managed by black South African women; registered; viable business or transaction.

How to apply

Apply on nefcorp.co.za and indicate the Women Empowerment Fund.

Apply on the funder's site

Insly is not the funder and charges nothing. Amounts and rules are as published by National Empowerment Fund (NEF) and were last checked 15 Sept 2026; confirm on their site before applying. No legitimate funder charges an application fee.

NEF Women Empowerment Fund | National Empowerment Fund (NEF) | Insly Funding