- Funding Connection Newsletter
- Posts
- π The Tourism Transformation Fund from the National Empowerment Fundπ
π The Tourism Transformation Fund from the National Empowerment Fundπ
ask us for support
ππ½ Dear Successful Entrepreneur,
π The Tourism Transformation Fund (TTF) focuses on tourism-related ventures. It offers grants π°, debt π¦, and equity πΌ. The grant funding will be capped at 50% β to a maximum of R 5 million πΈ. This funding is available for start-up π and expansion π and can be used to buy an existing business π’.
Criteria βοΈ:
π€ 51% black owned
π΄οΈ Controlled by black management
π A legal entity registered in South Africa
π₯ Enterprises that provide services to tourists directly
ποΈ π Business plan and financial forecast
π΅ Own contribution is required
π The grant is available to start-ups and expansions
π The grant is also available for acquisition (only for working capital), costs of upgrading and expanding the business πΌ
If you require support with the business plan and the application process, please get in touch with us and reply to this email. Anne will be able to guide you π€.
We can assist you with the whole process, drafting a business plan and funding application. Feel free to contact Anne and reply to this email!
To Your Success
Your Funding Connection Team
Landline: +27 (0)31 761 8677 or Cellphone +27 (0)61 542 4037
Headquarters: 2 Old Main Road, Hillcrest Office Park, Hillcrest, KZN 3610
Satellite Offices:
Johannesburg: Infinity Venue, 30 4th Avenue, Northmead, Benoni - only by appointment
Cape Town: Suite 2B, Canal Edge Four, Tyger Waterfront, Carl Cronje Drive - only by appointment
Pretoria: Park Lane West Building 180 Amarand Avenue, Ground floor, Waterkloof Glen Ext, - only by appointment