The NYDA Youth Business Grant helps young entrepreneurs aged 18–35 start or grow a business in South Africa. The funding includes non-repayable grants, mentorship, business registration support and market linkages.

Important: MyInfoHub is not affiliated with NYDA. Always submit applications on the official NYDA website or at a branch.

💰 How Much Funding Can You Get?

  • R1,000 – R10,000 for “voucher” services (business plans, CIPC registration, marketing)
  • Up to R50,000 for startup funding
  • Up to R250,000 for existing businesses with proof of traction

Funding depends on your business stage and needs.

✅ Who Can Apply?

  • South African citizens aged 18–35
  • Majority youth-owned business (at least 51%)
  • Proof of entrepreneurial commitment (training, experience, idea viability)
  • No blacklisted fraud record

📝 What You Need to Apply

  • Certified ID copy
  • Proof of address
  • Business plan or NYDA template form
  • 3 months bank statements (existing businesses)
  • Tax / CIPC documents (if registered)

Tip: Unregistered businesses can still start the process and get help registering.

📍 How to Apply (Step-by-Step)

  1. Book an appointment at the nearest NYDA branch
  2. Attend mandatory entrepreneurship training
  3. Submit business plan & supporting documents
  4. Pitch to a review panel
  5. Outcome & funding approval (if successful)

Visit Official NYDA Website →

🎯 What Can the Grant Be Used For?

  • Equipment & tools
  • Product materials & supplies
  • Branding & marketing
  • Business services (e.g., bookkeeping)

Alcohol, tobacco, gambling and pyramid scheme businesses are not allowed.

⏱ How Long Does Approval Take?

3–12 weeks, depending on branch workload and document readiness.

⚠️ Avoid Scams

Do not pay any person claiming they can “guarantee approval”. Applications are free through official NYDA channels.

Scam Awareness & Safety Tips →

❓ Frequently Asked Questions

Do I need money to apply?
No, the process is free.

Can students apply?
Yes — as long as you meet the age and business ownership rules.

Can I apply with just a business idea?
Yes — training and planning support are provided.

Last updated: November 2025