Blended (part grant, part loan)Development finance institution

Youth Challenge Fund (18 to 35)

SEDFA

Blended finance for youth-owned businesses: a fifth of the package is a grant, the rest a loan, from start-up through growth stage.

Amount

R2 million (start-ups) to R15 million (growth); 20% grant, 80% loan

Deadline

Rolling: apply any time

Where

National

Who it is for

Youth (18–35), Start-ups, Small businesses

Sectors

All sectors

The Youth Challenge Fund backs businesses owned by South Africans aged 18 to 35. Packages run from about R2 million for start-ups to R15 million for growth-stage companies, structured as roughly 20% grant and 80% loan so the grant absorbs early risk while the loan keeps the business disciplined.

It suits youth-owned businesses with a real growth plan: manufacturing, agri-processing, tech, services with contracts in hand. A micro side hustle is better served by the NYDA Grant Programme (listed separately).

Who qualifies

Majority youth-owned (18–35) and youth-managed South African business; registered; tax compliant; viable plan with the ability to repay the loan portion.

How to apply

Apply on the SEDFA SMME portal. A SEDFA business advisor can help package the application.

Apply on the funder's site

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

Youth Challenge Fund (18 to 35) | SEDFA | Insly Funding