Loan + Grant BlendB-BBEE Required

Old Mutual Masisizane Fund

Old Mutual Enterprise Development (Corporate ESD)

Old Mutual Masisizane Fund is a loan + grant blend from Old Mutual Enterprise Development offering between R 100 000 and R 10 000 000 for growth, established businesses across South Africa. Applications are accepted on a rolling basis.

Overview

Get funding from R100,000 to R10 million with lower rates. Must create jobs to qualify.

Funding AmountR 100 000 - R 10 000 000
CoverageNational
Business StageGrowth, Established

Programme details last updated on 12 December 2025.

Full Description

Blended finance for SMEs with job creation focus. Mix of grants and concessionary loans.

Eligibility Criteria

Min. Annual TurnoverR 1 000 000
Max. Annual TurnoverR 200 000 000
Min. Years Trading2 years
Min. B-BBEE LevelLevel 4
Min. Black Ownership50%

Frequently Asked Questions

How much funding does Old Mutual Masisizane Fund offer?

Old Mutual Masisizane Fund offers between R 100 000 and R 10 000 000 per applicant.

Who qualifies for Old Mutual Masisizane Fund?

Old Mutual Masisizane Fund targets growth, established businesses across South Africa. Applicants need a minimum annual turnover of R 1 000 000, annual turnover below R 200 000 000, at least 2 years of trading history, B-BBEE level 4 or better, at least 50% black ownership.

When is the deadline for Old Mutual Masisizane Fund?

Applications are accepted on a rolling basis.

How do I apply for Old Mutual Masisizane 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.