Are you just starting out as a small business entrepreneur but lack the financial aid needed to start it up? Jump-starting and expanding a business can be challenging, but thankfully, small business funding in South Africa from government and private institutions exists to help entrepreneurs’ businesses flourish.
One of the biggest challenges facing many small business owners and young entrepreneurs is getting the financing needed to turn their vision into reality. After all, with no – or little – financial history, it may seem there’s little point in even applying for a traditional business loan.
But, if you’re just starting out, don’t lose heart; make the most of any startup advice from mentors and organisations. There are plenty of funding options available to young entrepreneurs. This article will provide you with different types of government funding for small businesses and startups.