National Empowerment Fund


Location : South Africa
Website: Visit Website

The National Empowerment Fund (NEF) provides funds to black entrepreneurs and groups with the aim of facilitating access to finance in support of Broad-Based BEE in terms of government legislation. The investment activities of the NEF are guided by an investment policy that seeks to ensure that investments create real economic empowerment for black people without deviating from sound economic principles.

 

Each application for funding is assessed in terms of the following criteria:

  • Commercial viability of the business case being presented
  • The business must comply with all relevant laws and regulations
  • There must be operational involvement at the managerial and board levels by black people
  • Minimum percentage of black ownership or interest of 50.1% is a requirement
  • The business must be able to repay NEF funding
  • The business must create a reasonable number of jobs
  • Geographic location of the business is also important with the focus on rural or economically depressed areas encouraged
  • Meaningful black women participation is viewed more favourably
  • Rural and Community Development Projects must have meaningful participation by communities
  • Possibility of co-funding with private or public sector institutions is encouraged in larger projects.

 

Once your application has been received and found to meet the above conditions, it will then go through different stages for a detailed commercial assessment.

 

The following Fundings are available: Click Here

 

 For Application Forms Click Here

 

Regional Officies Contact: Click Here

 

Contact us

For enquiries visit or contact your nearest office:


Gauteng Province (Head Office)
West Block, 187 Rivonia Road, Morningside 2057, PO Box 31, Melrose Arch, Melrose North 2076

Tel: +27 (11) 305 8000 

Fax: +27 (11) 305 8001

Call Centre: 0861 843 633 | 0861 (THE NEF)

Email (Applications): applications@nefcorp.co.za

Email (General Enquiries): info@nefcorp.co.za


Eastern Cape Province
7b Derby Road, Berea, East London 5241
Tel: (043) 783 4200 | 0861 NEF ECP (0861 633 327)

Fax: 0861 ECP NEF (0861 327 633)
Email: easterncape@nefcorp.co.za


Free State Province
34 Fountain Towers, Corner Zastron and Markgraaf Street, Westdene, Bloemfontein, 9300
Tel: (051) 407 6360 | 0861 NEF FSP (0861 633 377)

Fax: 0861 FSP NEF (0861 377 633)
Email: freestate@nefcorp.co.za


KwaZulu-Natal Province
Smart X - Change Building, 5 Walnut Road, Durban, 4001
Tel: (031) 301 1960 | 0861 NEF KZN (0861 633 596)

Fax: 0861 KZN NEF (0861 596 633)
Email: kzn@nefcorp.co.za


Limpopo Province
Suite 8, Biccard Park, 43 Biccard Street, Polokwane 0699
Tel: (015) 294 9200 | 0861 NEF LIM (0861 633 546)

Fax: 0861 LIM NEF (0861 546 633)
Email: limpopo@nefcorp.co.za


Mpumalanga Province
Trust Building, 16 Brander Street, Nelspruit, 1200
Tel: (013) 754 9860 | 0861 NEF MPU (0861 633 678) | 013 754 9860

Fax: 0861 MPU NEF (0861 678 633)
Email: mpumalanga@nefcorp.co.za


North West Province
32B Heystek Street, Sunetco Office Park, Ground Floor, Rustenburg, 0299
Tel: (014) 523 9220 | 0861 NEF NWP (0861 633 697)

Fax: 0861 NWP NEF (0861 697 633)
Email: northwest@nefcorp.co.za


Western Cape Province
Suite 2818, 28th Floor, ABSA Centre, 2 Riebeek Street, Cape Town 8001
Tel: (021) 431 4760 | 0861 NEF WCP (0861 633 927)
Fax: 0861 WCP NEF (0861 927 633) 

Email: westerncape@nefcorp.co.za


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