🌐 The Tourism Transformation Fund from the National Empowerment Fund🚀

👋🏽 Dear Successful Entrepreneur,

🌐 The Tourism Transformation Fund (TTF) focuses on tourism-related ventures. It offers grants 💰, debt 🏦, and equity 💼. The grant funding will be capped at 50% ✅ to a maximum of R 5 million 💸. This funding is available for start-up 🚀 and expansion 📈 and can be used to buy an existing business 🏢.

Criteria ✔️:

• 👤 51% black owned

• 🕴️ Controlled by black management

• 📝 A legal entity registered in South Africa

• 👥 Enterprises that provide services to tourists directly

• 🛎️ 📑 Business plan and financial forecast

•  💵 Own contribution is required

• 🆕 The grant is available to start-ups and expansions

• 📈 The grant is also available for acquisition (only for working capital), costs of upgrading and expanding the business 💼

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