Nedbank Enterprise Development Fund
Nedbank Enterprise Development Fund is a loan + grant blend from Nedbank offering between R 50 000 and R 5 000 000 for startup, growth, established businesses across South Africa. Applications are accepted on a rolling basis.
Overview
Special funding for black-owned businesses: mix of grants and low-interest loans. Easier approval process.
Programme details last updated on 12 December 2025.
Full Description
Preferential funding for qualifying black-owned SMEs. Blended finance with grants and concessionary loans.
Eligibility Criteria
Frequently Asked Questions
How much funding does Nedbank Enterprise Development Fund offer?
Nedbank Enterprise Development Fund offers between R 50 000 and R 5 000 000 per applicant.
Who qualifies for Nedbank Enterprise Development Fund?
Nedbank Enterprise Development Fund targets startup, growth, established businesses across South Africa. Applicants need a minimum annual turnover of R 250 000, B-BBEE level 4 or better.
When is the deadline for Nedbank Enterprise Development Fund?
Applications are accepted on a rolling basis.
How do I apply for Nedbank Enterprise Development 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 Nedbank'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