• Government agency

The Department of Economic Development and Tourism

The SMME Booster Fund

The SMME Booster Fund 2021 (the Fund) seeks to enhance and/or expand existing projects and programmes aimed at the development and growth of Small, Medium and Micro Enterprises (SMMEs) based in the Western Cape. The Fund will support existing (with a proven track record of at least three years) projects implemented by organisations and/or municipalities that supports SMMEs based in the Western Cape. The SMME Booster Fund 2021 will distribute up to R20 million to organisations and municipalities for programmes that focus on supporting small businesses to grow and improve their sustainability so they can create more jobs in the Western Cape. Run by the Department of Economic Development and Tourism, the SMME Booster Fund 2021 is calling for any existing SMME business development projects based in the Western Cape, especially those that support rural, township-based, youth and women-owned businesses to apply.

  • Stages of Support

    • Idea
    • Start-up
    • Early
    • Growth
    • Mature

  • Investment Instruments

    • Grant

  • Sectors of Focus

    • Sector agnostic

  • Services

    • Invest or provide direct financial support to SGBs or entrepreneurs
    • Provide financial support to entrepreneur-support intermediaries

  • Focus Population

    • Rural entrepreneurs
    • Youth entrepreneurs
    • Women entrepreneurs
    • Minority or previously excluded racial
    • ethnic
    • or other population
Close