Loan + Grant BlendB-BBEE Required

Tourism Transformation Fund (TTF)

Department of Tourism (Government Agency)

Tourism Transformation Fund (TTF) is a loan + grant blend from Department of Tourism offering between R 1 000 000 and R 20 000 000 for startup, growth, established businesses across South Africa. Applications are accepted on a rolling basis.

Overview

Funding for black-owned tourism businesses. Get grants up to R5 million plus loans to grow your tourism enterprise.

Funding AmountR 1 000 000 - R 20 000 000
CoverageNational
Business StageStartup, Growth, Established

Programme details last updated on 2 December 2025.

Full Description

Provides grants (up to R5 million, max 50% of funding), debt, and equity for black entrepreneurs in tourism. Implemented through NEF.

Eligibility Criteria

Min. Annual TurnoverR 1 000 000
Max. Annual TurnoverR 50 000 000
Min. Years Trading1 years
Min. B-BBEE LevelLevel 4
Min. Black Ownership51%
Target SectorsTourism, Hospitality

Frequently Asked Questions

How much funding does Tourism Transformation Fund (TTF) offer?

Tourism Transformation Fund (TTF) offers between R 1 000 000 and R 20 000 000 per applicant.

Who qualifies for Tourism Transformation Fund (TTF)?

Tourism Transformation Fund (TTF) targets startup, growth, established businesses across South Africa. Applicants need a minimum annual turnover of R 1 000 000, 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 Tourism Transformation Fund (TTF)?

Applications are accepted on a rolling basis.

How do I apply for Tourism Transformation Fund (TTF)?

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.