🌐 The Tourism Transformation Fund from the National Empowerment FundπŸš€

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πŸ‘‹πŸ½ Dear Successful Entrepreneur,

🌐 The Tourism Transformation Fund (TTF) focuses on tourism-related ventures. It offers grants πŸ’°, debt 🏦, and equity πŸ’Ό. The grant funding will be capped at 50% βœ… to a maximum of R 5 million πŸ’Έ. This funding is available for start-up πŸš€ and expansion πŸ“ˆ and can be used to buy an existing business 🏒.

Criteria βœ”οΈ:

  • πŸ‘€ 51% black owned

  • πŸ•΄οΈ Controlled by black management

  • πŸ“ A legal entity registered in South Africa

  • πŸ‘₯ Enterprises that provide services to tourists directly

  • πŸ›ŽοΈ πŸ“‘ Business plan and financial forecast

  •  πŸ’΅ Own contribution is required

  • πŸ†• The grant is available to start-ups and expansions

  • πŸ“ˆ The grant is also available for acquisition (only for working capital), costs of upgrading and expanding the business πŸ’Ό

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 🀝.

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)64 550 7052

Headquarters: 2 Old Main Road, Hillcrest Office Park, Hillcrest, KZN 3610

Satellite Offices: Johannesburg, Benoni, Rosebank, Soweto, Empangeni, Cape Town, Somerset West, Port Elizabeth and more to come