Gauteng GEP Youth Fund 2023/2024 Application Link

November 4, 2023 Spark Gist Scholarship 0

Gauteng GEP Youth Fund 2023/2024 Application Link – Applications are invited from all interested candidates. Here are all you need to know; the requirements, application closing date, and how to apply.The National Youth Development Agency (NYDA) and Gauteng Enterprise Propeller (GEP) are offering a blended finance instrument with 50% grant and 50% loan to youth-owned businesses.

The maximum grant is R250 OOO from the NYDA and maximum part grant, and loan is R750 OOO from GEP.

Is GEP a government agency?

Gauteng Enterprise Propeller (GEP) is a provincial government agency established under the auspices of the Department of Economic Development to provide support to small, medium and micro-sized enterprises (SMMEs) and co-operatives in Gauteng.

What is the maximum funding for GEP?

All sectors in the economy will be considered for assistance. Priority will be given to businesses owned by women, youth, and people with disabilities. The maximum quantum for SMME funding to be considered will be R10mil .
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How to Apply:

Interested applicants should apply via https://geponline.co.za/new/application/youth

Please ensure you have enough data, or good WiFi coverage to complete the application before you start.

There are 4 steps in the application application that you need to complete. You will receive an email notifying you that your application have been received upon submission.