20 April 2020 – Established relief fund for youth owned enterprises

Intervention Categories: Finance policy and financial aid; Stimulus packages and financial support
Level of Jurisdiction: National

Overview: The Government of South Africa has introduced a Youth Micro Enterprise relief fund aimed to support youth owned enterprises that might not qualify for other funds during the lockdown.

Funding will be capped at R10000 for qualifying businesss
Full details here: https://www.gov.za/speeches/national-youth-development-agency-opens-youth-micro-enterprises-relief-fund-ymerf-assist