The National Empowerment Fund (NEF) promotes and facilitates black economic participation by providing financial and non-financial support to black empowered businesses, and by promoting a culture of savings and investment among black people.
What is the National Empowerment Fund?
The NEF provides funds to black entrepreneurs and groups with the aim to facilitate access to finance in support of Broad-Based BEE in terms of government legislation.
The investment activities of the NEF are guided by an investment policy that wants to ensure that investments create real economic empowerment for black people based on sound economic principles.
The improved operational business pillars of the NEF are:
What is the Philosophy of the NEF?
The NEF's funding is currently obtainable from 7 funds.
To access products under GES, a funding application process is initiated by the completion of a screening application form that tests for the eligibility criteria and commercial viability. For more information on these criteria and assistance on their products and services, please refer to the NEF website.
Western Cape Office:
Suite 2818, 28th Floor, ABSA Centre, 2 Riebeek Street, Cape Town 8001
Tel: 021 431 4760 | 0861 633 927
P O Box 31, Melrose Arch, Melrose North, 2076
The dti call centre: 0861 843 384
A comprehensive step-by-step guide on the funding process is available on the NEF website.