Last Updated on November 18, 2022
The NYDA Grant Programme is designed to provide young entrepreneurs with an opportunity to access financial and non-financial business development support in order to enable them to establish or grow their businesses.
Given the youthful nature of the South African population, many of the socio-economic challenges faced by the nation, including poverty, inequality, and joblessness, poor health are largely encountered by the youth. The gravity of the challenges South Africa is faced with requires multi-pronged efforts that simultaneously promote the development of sustainable livelihoods, reduce poverty, and inequality and prioritize the development of policies that create an enabling environment for youth development.
The NYDA plays a leading role in ensuring that all major stakeholders such as the government, private sector, and civil society, prioritize youth development and contribute towards identifying and implementing long-lasting solutions that address youth development challenges.
Table of Contents
Utilization of the Grant Funding
The grant can be utilized for the following:
- To purchase movable and immovable assets.
- Bridging finance.
- Shop renovations.
- Working capital is paid directly to the grantee.
- Co-funding with legal entities only.
Grant types
Grants will be granted to the following:
- Individuals
- Co-operatives
- Community Development Facilitation Projects
Service Delivery Standards
- The grant applications will be processed at a branch within 30 working days
- Disbursement for approval will be processed at the Head Office within 30 working days
Credit Checks
- The NYDA shall conduct credit checks for all grant applications for funding.
- A grant applicant who is under debt administration shall not be considered for funding.
Branch Grant Approval and Review Committee (BGARC) Decision
- The decision of BGARC are final and binding on the applicant
- The applicant cannot appeal the decision of the BGARC, however, they can re-apply for grant funding
Grant Thresholds:
| Type of businesses | Grant amount ranges | |
| Threshold 1 | Idea generation and survivalist (start-ups) | R1,000 – R10,000 |
| Threshold 2 | Start-ups PTY and cooperatives | R10,001 – R50,000 |
| Threshold 3 | Growth stage PTY and cooperatives | R50,001 – R100,000 |
| Threshold 4 | Expansion stage PTY and cooperatives | R100,001 – R200,000* |
*for agriculture and technology-related projects the maximum threshold is R250,000.00
N.B: Threshold submissions requirements apply
NYDA Online Registration Details
Those who are eligible to apply:
- Are youth from 18-35 years of age
- Are youth with skills, experience, or; the potential skill, appropriate for the enterprise that they conduct or intend to conduct
- Are South African citizens
- Are South African residents
Application Process/Procedure
- You must apply 3 months before you turn 35 years,
- Submission of all required documentation,
- Proof of attending Business Management Training course,
- Business Pitch presentation of 10 minutes – in person or telephonically,
- Due Diligence assessment conducted by the NYDA official on the business.
How to access the NYDA Grant Programme
- Click here to register on the NYDA online application portal
- Contact our Call Centre on 087 158 4742
- Or visit your nearest NYDA Branch