20 April 2020 – Established relief fund for youth owned enterprises

This item is sourced from COVID-19 Policy Watch co-ordinated by Policy. We are in the process of gathering further information and aligning taxonomies for these items.

Type of Intervention: Business support
Sectors Involved:
Level of Jurisdiction: National
Lead People/Agency:

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