Equity InvestmentB-BBEE Required

NEF Strategic Projects Fund

National Empowerment Fund (Government Agency)

NEF Strategic Projects Fund is a equity investment from National Empowerment Fund offering between R 5 000 000 and R 100 000 000 for established businesses across South Africa. Applications are accepted on a rolling basis.

Overview

Large equity investments for major black-owned projects with significant job creation potential. R5 million to R100 million.

Funding AmountR 5 000 000 - R 100 000 000
CoverageNational
Business StageEstablished

Programme details last updated on 22 January 2026.

Full Description

Equity and quasi-equity investments in large-scale strategic projects that create significant jobs and have transformational impact. Investments from R5 million to R100 million.

Eligibility Criteria

Min. Annual TurnoverR 20 000 000
Min. Years Trading3 years
Min. B-BBEE LevelLevel 2
Min. Black Ownership50%
Target SectorsManufacturing, Mining, Infrastructure, Energy, Agriculture

Frequently Asked Questions

How much funding does NEF Strategic Projects Fund offer?

NEF Strategic Projects Fund offers between R 5 000 000 and R 100 000 000 per applicant.

Who qualifies for NEF Strategic Projects Fund?

NEF Strategic Projects Fund targets established businesses across South Africa. Applicants need a minimum annual turnover of R 20 000 000, at least 3 years of trading history, B-BBEE level 2 or better, at least 50% black ownership.

When is the deadline for NEF Strategic Projects Fund?

Applications are accepted on a rolling basis.

How do I apply for NEF Strategic Projects Fund?

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.