SA SME Fund
SA SME Fund is a equity investment from SA SME Fund offering between R 5 000 000 and R 100 000 000 for growth, established businesses across South Africa. Applications are accepted on a rolling basis.
Overview
Investment funding for growing SMEs through venture capital. Focus on black fund managers and impact investing.
Programme details last updated on 2 December 2025.
Full Description
Fund of funds supporting SME growth through investments in VC and PE funds. Targets 51% black fund managers. R300m High-Impact Seed Fund launched 2024.
Eligibility Criteria
Frequently Asked Questions
How much funding does SA SME Fund offer?
SA SME Fund offers between R 5 000 000 and R 100 000 000 per applicant.
Who qualifies for SA SME Fund?
SA SME Fund targets growth, established businesses across South Africa. Applicants need a minimum annual turnover of R 5 000 000, at least 1 year of trading history, B-BBEE level 4 or better.
When is the deadline for SA SME Fund?
Applications are accepted on a rolling basis.
How do I apply for SA SME 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.
Provider Guide
Learn about SA SME Fund'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