South African Government Opens Applications for R500 Million Spaza Shop Support Fund
The South African government has officially launched applications for the R500 million Spaza Shop Support Fund (SSSF), targeting eligible small business owners in townships and rural areas. This initiative aims to strengthen local entrepreneurs and boost participation in the retail sector.
Key Objectives of the Spaza Shop Support Fund
The comprehensive support program offers:
- Financial assistance up to R300,000 per shop through grants and low-interest loans
- Business training and skills development programs
- Technical support to improve competitiveness against larger retailers
- Guidance on meeting hygiene and regulatory standards
- Digital transformation support including payment systems and inventory tools
- Access to bulk purchasing advantages through wholesale aggregation
Eligibility Requirements
To qualify for the SSSF, applicants must meet these criteria:
- South African citizenship or naturalization before 1994
- Business operation in township or rural areas
- Valid municipal registration and business license
- SARS registration (with 6-month grace period)
- Compliance with all relevant health and safety standards
- Active management by the owner
Priority consideration will be given to youth entrepreneurs (18-35 years), women-owned businesses, and enterprises operated by persons with disabilities.
Funding Packages Available
Support up to R100,000:
- R40,000 maximum stock grant
- R50,000 for infrastructure upgrades
- R100,000 for training programs
Support from R100,000 to R300,000:
- R40,000 maximum stock grant
- R250,000 funding split (50% grant, 50% interest-free loan)
- R100,000 for training programs
How to Apply
Applications are processed through:
- Spaza Shop Support Fund: www.spazashopfund.co.za
- National Empowerment Fund (NEF): www.nefcorp.co.za
- Small Enterprise Development Finance Agency (SEFDA): https://systems.sefa.org.za/SMMEPortal/
Contact Information
SSSF Call Centre: 011 305 8080 | Spazafund@nefcorp.co.za
NEF Call Centre: 0861 843633
SEFDA Call Centre: 012 748 9600 | helpline@sefa.org.za
Operating hours: Monday-Friday 9am-10pm, Saturday 9am-3pm, Sunday closed
Source: AllAfrica