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Youth to receive funding for start-ups

JOBURG - The Youth Entrepreneurship Fund (YEF), a brainchild of Ezra Ndwandwe, founder and creator of TV entrepreneurial reality show, The Big Break Legacy, was launched at Constitutional Hill.

March 20, 2014
Gazette Reporter 1 minute read
Developing ideas: Communications manager at the National Youth Development Agency, Linda Dlova with Ezra Ndwandwe, founder and creator the Youth Entrepreneurship Fund.

JOBURG – The Youth Entrepreneurship Fund (YEF), a brainchild of Ezra Ndwandwe, founder and creator of TV entrepreneurial reality show The Big Break Legacy, was launched at Constitutional Hill.

The fund, an initiative of The Big Break Legacy, has been established to assist young people who wish to access significant grant funding as capital to start a business.

Explaining how the fund operates, Ndwandwe said young people who join the fund would receive both formal and informal training that would assist them in preparing their business models and plans in order to be both market and investor ready.

Young people will be required to choose the amount of capital they desire to start their business and then contribute to the fund over a 12-month period. There are three options available to them:

• Platinum: A total contribution of R5000 a year to access a grant of R1 million

• Gold: A total contribution of R3000 a year to access a grant of R500 000

• Silver: A total contribution of R2000 a year to access a grant of R100 000

“This model will afford young people an opportunity to try out entrepreneurship and test whether or not they have an appetite for it or if their business concept is indeed ready for the market or even has investment appeal,” said Ndwandwe

The fund is aimed at young people between the ages of 18 and 35, but it is not exclusive to them. “An older person can benefit from the fund by contributing as per the requirements of the chosen package and will benefit only on condition that his or her business will hire at least two young people,” he said.

People can apply through appointed agents who will be operating at universities, FET colleges, churches and communities, who will assist with a simple registration form.

Details: www.SAYEF.co.za

March 20, 2014
Gazette Reporter 1 minute read

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88 Comments

  1. the rural area does not funded because every government service start in Urban area and end to urban area.

  2. The idea is very brilliant especially for us the youth of SA who are unemployed

  3. This is one good initiative just hope we’ll find capable consultants when we go for registration. I duly thank God for enabling you guy’s to be in our lifetime.

  5. This is a wonderful initiative indeed. However as an adult above 35 having incomplete bakery equipment with 3 young unemployed promising entrepreneurs, we hope we are going to benefit from this life-saving initiative. So how one could accesses the registration form?

  6. its interesting oppotunity to survive as south african youth,how can u download application form

  7. Another breathtaking initiative,thanks a lot for this opportunity.I’m very much interested to join as a member and I can be reached at the above E-mail adress or 0738517875

  8. I’ve got an existing business,its meter taxis.I’ve got 4 vehicles,operating in the CBD in Port Elizabeth.I need funding to grow the business.Thank you

  9. I’ve got an existing business,its meter taxis.I’ve got 4 vehicles,operating in the CBD in Port Elizabeth.I need funding to grow the business.Thank you

  10. I am interest in this business oppertunity and it is good so that we can help to eliminate poverty in our areas is it possible to get more information or to download application form

  11. I have a transport services company that I registered in 2008 am still trying step by step to get it of the ground so far I got the temporal licence for distribution of oil,etc got a permit as a supplier at petroSA got a intern with unitrans but once I get my original licence and that’s why I can’t get it because I have tried to get funds at nyda but that 1 person got me ducking and diving up untill I gave up nyda doesn’t wanna fund people at all my number 076 88 48 227

  13. I have engineering company we are doing playground equipment and Trailer so we wish to get someone who can supply us with the job and market job for us currently we are Five (5) in the company we wish to get more job to employee more employees my contact number is 0610834391

  14. i am interested in taking part in business opportunity – cell no 0791027856

  15. Hi,
    i am a 27 year old female and very keen on participating on the above mentioned.

    I’d also like to know how will we be able to recognize the Agents? which churches,Varsities, communities will they be visiting? around which areas of south Africa
    ?

    this is a great opportunity for the youth.

  16. I will love to start a security company,with my experince in the industry I will like to combat crime and create work oppotunity. Jus need the catalist. (Boost) in the right direction

  17. good day I need a gold loan to start my business in aluminum to great job opportunities in our country.thanks

  18. Hi my name its fana khumalo i have six registered companies that requires to apply to the above mentioned funding for youth our mandate its to assist youth to be involved in project to empower themselves to able to own businesses and assist others in communities i would to meet with a SAYEF consultant to take the initiative futher so that we can grow successful communities our passion is to see our youth being millionairs. I can be contacted from the following number 0736269736 African Cooperative Desk Director.

  19. hi i think this is the wonderful oppotunity the south african communities needs.

    i am also one of the peoples that i need you
    help, i have just finished my first book and i want it published that i going to do by my self. i have to of the my book to publish one
    is a dictionery explaining sesotho words in sesotho, and one is history book. i have everything done isbn registration and just have to pay for printing company for my order.

    may i plaese get help from your because i am think am ready for the business.

    regards
    Thatelo phohlele

  20. I’m 37 turning 38 next month and i want to have my own close coporate company!will the fund be able to help me with funds?if yes how do i apply for the funds and what documents do i need to have?lastly i truly believe this will Change the life of many youth and young adults lifes.thank you!gladman

  21. I’m so interested in programe I stay @ KZN Richards bay north coast of Durban.knowledge and resources to equip one self with edge of entrepreneurship. is the programe national?

  22. I’M interested in programe to equip myself with knowledge and resources,the drive the edge of entrepreneurship,I stay @ KZN Region in Richards bay north coast of Durban. is programe national?

  23. I’m interested in program to get more gist n drive edge of entrepreneurship, is the program national? I stay @ kzn north coast of Durban RICHARDS BAY

  24. Iam interested in your program with an existing bussenes,I need money to maintain and push my bussenes to be the one iam always dreaming of.I don’t know how can I get helped

  25. I am interested in the program with more entrepreneurship spirit in me.I need more knowledge and funding to grow my business and my ides.I stay @ vereeniging(Vaal region)

  26. I am no more a youth do i qualify in the program Cell-Number 0765335803

  27. I’m so delighted to hear such programs. Currently I’m in the process of obtaining experiential training and for now I’m busy with Beef production, and I will procede to Poultry production in next six months from July to December. I’m looking forward to join this program as I want to be an employer not an employee in this world of insufficient job opportunities.

  28. Fantastic, I will really want to be part of such an amazing and empowering organization.

  29. hiy today I make the deposit my reference was my ID number and the sum 12+7=? and you can contact me on this number 0736344051

  30. Hi im really interested in joining this pogramme,i have a business idea that will create alot of employment.i used to work for insurance componies but i decided to quit and start my own,i have experience.now i need relevant trainings and capital to start

  31. Wow i would love to join the program as i’ve just registered my bussiness so what do i do to join?

  32. I would like to join the program, please advise how do I register.

  33. I would like to be part in this business upliftment… Just want to know when you will be coming around Witbank so that I don’t miss out on such an apportunity. 0723456568 are my contact details. Thank you

  34. GUD AFTERNOON IM VERY INTERESTED IN JOINING THE BUSINESS PROGRAMME KINDLY CALL ME OR EMAIL FO FUTHER INFO THT I MAY NEED TO FOLLOW THE CORRECT PROCEDURES.ASHLEY FROM PRETORIA.0722231132

  36. I would like to join the program but my company is not yet registered.

  37. solly maseko i am older than 35 and have registart for my company but not yet started and like to create jobs for youth..how can i get help.. regards solly

  38. We are interested on joining the program and don’t know where to start’please provide with more clarity

  39. I am really intrested,but i’m afraid. They is too much scams in this country. Any help or assist that’s includes money no! no! no!.kudala sindliwa. Remember j arthur brown, fidentia scheme baba. Hayi.thanks if mahala ja! R50 registration, ja.

  41. I would like to be part of the programm but I need more clarity on how it works

  42. I’m realy intrested in the programme because I am the director of MOOLA VERSION PTY LTD,I’d like to know when is the programme starts.Please provide me with the full information and registering form in my email thanx

  43. Hi, i am the above mentioned person interested in your programe and already operating as a drirector of the company for 6 years now need the full info and your help my cell numbers @079 7676 897/083 8754 392.

  46. Hello,i would realy like 2 join,,i cnt miss this massive opportunity wat i need is registration forms can forward them to my email,pleasure

  47. Good day poeple,i really like this initiative of yours especially the training learning part of it.How do i get the registration forms please youth people like us really need this kind of opportunities please help with registration forms.

  48. hi my name is thandeka and i am 35 years stay in Durban and i am intrested on this course f 12 months and i would like t take Platinum

  50. Hi,,i realy like to join this massive opportunity,,can snd registration forms via my mail i will appreciate it

  51. This is the greatest opportunity you are giving to us. i would like to know which Universities can we visit? I would like to have the platinum,as I am in Orange Farm where can I get the forms.

  52. i would love to join this big team how can i get forms to register for platnum. please reply on my email, i would apreaciate that

  53. Im greatful for this opportunity because it makes me able to secure my future and others future since i’m gona be able to make them realise their true potential. For that im keen on making a huge difference in the branding market. One thing i need is your banking details, please if possible foward me the neccessary infor

  56. I’m highly interested in the entrepreneurship fund, as I want to obtain my future and bring change in my community to youth. I did register but I cant log in it doesn’t accept me please reply to my email address Thanks.

  57. I’ve got great business idea in order to help most of Alexandra youth. Where and when will be your agent/s visiting my area? I’ve already started my business.

  58. Hi my name is Noscelo,and i have always wanted to start my own property business,so i would like to know where can i get the application forms in Mpumalanga,Secunda? Your help wil be much appreciated,thank u.

  64. Hi I woulld really like to know how to get an application form cos I already have a registered company, I just need some funds so I can be able to employ some youth.

  65. How can i get the application form to register with the organisation.

  66. Hi I fill in the form about three weeks ago and haven’t got a reply. Have a great idea, bissness mind which will help South Africans to regain their confidence and it will work for everyone. Hope to get a reply soon. Needs funds to keep going.0715741401

  68. My mission to reduce crime nd create more jobs for those uneducated.Through your help Nyda we can make better living for poorpeople.

  69. Hi my name is Sydney i have a registered tooling company that can create employment for 11 or more youth and also client tell of major companies outside the borders of SA and in south Africa that are willing to give me business.The only thing standing on my way is funding because of business plan.if it is possible please email me your office address so that i can come personally to make inquiries thank you, your attention to this matter will be highly appreciated.

  70. Hi,i am a young ambitious,creative young male who is up for daily challenges.Designing was always my passion since i was young or rather say in my early ages,so early this year i came across my senses of having my own clothing brand.so my call is about seeking help about funds,in order for my brand to come alive.your help will be much appreciated.073 637 6332

  71. i dont hav a coment but a question,how does one meet wth requirement to funding..?and were to get that info ..?

  72. I am interested and motivated but i dnt have a comment just what to know what are the requirements for one to get funding and where do i go the contacts of people

  73. Hi,im around pretoria im about to start a bakery shop where can i get application forms or get to the nearest branch.you can send application form via my email.thanks

  74. Hi I’m around cape town I’m aboutto start a business where or how can I get help?

  75. hi,my name is kgotso and i live in Randfontein.ive recently opened a company that focuses on managing community parks voluntary.have great ideas.please respond on my email.

  76. I would like to get an application form to apply for funds for my business

  77. As youth of 7 partners age of 20 to 32 we like to open a bakery alredy registered bt we have a site only how can we assits us

  78. Ladies and Gentleman,I am a 30 year old man from Port Elizabeth who owns Get Active Construction the business was registered in 2010 and it is CIDB registered with grades 1Gb&1Ce and it is an EME level 3 BBB EE,the company has worked in Mpumalanga and in Port Elizabeth as a Sub-Contractor.The major challange is getting funds,i would like to get all the help i could get from you guys,please feel free to contact me @073 1225 920 at all times

  79. I think your bussiness is doing a great job we also.have an organisation which includes all art activities(we have dance.drama.music.poers.soccer.netball teams but no funding if anyone can assist or would like to hear our proposal pleas email me

  80. Im a young man from Katlehong who would like to start his own soccer academy but tht problem is a CAPITAL as we will need an accomodation for our players,so I would like 2 get help in order to achieve my goals and dreams together with young player’s dreams out there

  81. This is a great initiative, I believe it will take young entrepreneurs in SA to the World “a good name-integrity is more desirable than great riches” with the likes of DJ Sbu, They have been around for quite sometime. Wish you guys everything of the best…!

  82. My name is Ephraim am from Soweto, my grandfather gave me a land at Kimberly and a valid permit/certificate to make a business of mining open pit/cast digging diamonds on a very productive land, i need funding to start business buying machinery, tools etc

  83. My name is Refiloe Mokoena and I’m happy to know that there are companies that have the youths interest in mind and is willing to help us to start our own businesses. Thank you very much.

  84. We are staying in Aberdeen,Province of The Eastern-Cape,a small town on the Graaff-Reinet to Beaufort-West on R53 Road.This town has no formal industries and HIV/AIDS,poverty,crime,unemployment and rural activities is ‘killing’ our society.Our church-The United Assemblies in Christ is playing a vital role to ‘try’ to uplift our community,but without the funding needed,it is very hard and tough to reach our goal.We can establish a music-band to attrack the youth back to see that you can enjoy you at christian-level.A Soup-kitchen to uplift our town and so much can be done.Please,see yourself to respond to this.God Bless!!!Pst.A.Kekana Comm.of Oaths- BD 34564.WE THANK YOU.

  87. i need a money to start a business of cosmetics beauty therapist pls help me to start a business i doin’t have a money for start up i’ m not working i’m suffering no one can give me a money to start business pls i will be happy if can help with money to start business

  88. hy people we are a new co-operative that will like to do the franchising and property we have all the documents that are needed therefore how can we get alist bisness start up funds.i will be glad if you guys can help us

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