NYDA Second Chance Programme
NYDA Second Chance Programme is a grant from National Youth Development Agency offering between R 5 000 and R 50 000 for startup businesses across South Africa. Applications are accepted on a rolling basis.
Overview
A second chance for young entrepreneurs whose businesses failed. Get training, mentorship, and funding to try again.
Programme details last updated on 22 January 2026.
Full Description
Support programme for young people who have previously failed in business. Provides mentorship, training, and seed funding for a fresh start.
Eligibility Criteria
Frequently Asked Questions
How much funding does NYDA Second Chance Programme offer?
NYDA Second Chance Programme offers between R 5 000 and R 50 000 per applicant.
Who qualifies for NYDA Second Chance Programme?
NYDA Second Chance Programme targets startup businesses across South Africa.
When is the deadline for NYDA Second Chance Programme?
Applications are accepted on a rolling basis.
How do I apply for NYDA Second Chance Programme?
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.
Provider Guide
Learn about National Youth Development Agency's application process
Document Checklist
Requirements and deadlines
Download Templates
Business plan, cash flow, projections
Legal Framework
Relevant legislation and compliance
Compliance Check
Verify your CIPC, SARS, B-BBEE status
Get Expert Help
Find a funding specialist