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)
- Book an appointment at the nearest NYDA branch
- Attend mandatory entrepreneurship training
- Submit business plan & supporting documents
- Pitch to a review panel
- 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