ESD GrantB-BBEE Required

Discovery Fund Enterprise Development

Discovery Enterprise Development (Corporate ESD)

Discovery Fund Enterprise Development is a esd grant from Discovery Enterprise Development offering between R 100 000 and R 3 000 000 for startup, growth businesses across South Africa. Applications are accepted on a rolling basis.

Overview

Funding for health and wellness businesses. Must align with Discovery's healthy living focus.

Funding AmountR 100 000 - R 3 000 000
CoverageNational
Business StageStartup, Growth

Programme details last updated on 12 December 2025.

Full Description

Support for health, wellness, and technology SMEs aligned with Discovery's purpose.

Eligibility Criteria

Min. Annual TurnoverR 500 000
Max. Annual TurnoverR 50 000 000
Min. Years Trading1 years
Min. B-BBEE LevelLevel 4
Min. Black Ownership51%
Target SectorsHealthcare, Wellness, Technology, Health tech

Frequently Asked Questions

How much funding does Discovery Fund Enterprise Development offer?

Discovery Fund Enterprise Development offers between R 100 000 and R 3 000 000 per applicant.

Who qualifies for Discovery Fund Enterprise Development?

Discovery Fund Enterprise Development targets startup, growth businesses across South Africa. Applicants need a minimum annual turnover of R 500 000, annual turnover below R 50 000 000, at least 1 year of trading history, B-BBEE level 4 or better, at least 51% black ownership.

When is the deadline for Discovery Fund Enterprise Development?

Applications are accepted on a rolling basis.

How do I apply for Discovery Fund Enterprise Development?

Check your eligibility with the free readiness check on Okhantu, prepare the required documents, then apply on the provider's website.

Prepare Your Application

Increase your chances of success with these preparation resources.

Pro tip:Run the Readiness Checker before applying. It identifies gaps in your documentation and helps you prepare a stronger application.