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Organization : Gauteng Provincial Government
Facility Name : Apply For Financial Support
Website : https://www.gauteng.gov.za/Services/GetServices?serviceId=CPM-001495
Gauteng Apply For Financial Support
The Gauteng Enterprise Propeller provides (GEP) is a one-stop-shop for SMMEs and offers personalised service. We offer financial and non-financial support.
Who Can Apply?
The Gauteng Enterprise Propeller (GEP) offers financial and non-financial support to qualifying ?Small, Medium and Micro Enterprises ?(SMMEs) and Co-operatives.
How To Apply?
Step 1 : Visit the official website through provided above.
Step 2 : Read the instructions carefully before applying.
Step 3 : Click on the “Financial Application Form” link at the end of the page.
Apply Online :https://www.gep.co.za/gep-online/
Step 4 : Fill the Application Form with the required details.
Step 5 : Finally click on the “Submit” button to complete your registration.
You will receive an email notifying you that we have received your submission. Should you not be satisfied or experience any technical glitches, kindly escalate to: mpillay [AT] gep.co.za.
To be considered for financial support, businesses need to submit
** All the standard mandatory documents such as the Companies and Intellectual Property Commission (CIPC) registration; tax clearance; Financial Intelligence Centre Act (FICA) requirements; company profiles and management profiles,
** A business plan (GEP will assist in the development where applicable within GEP’s qualification processes) where funding is for start-up, expansion and franchise purposes.
For a contract finance, a business plan is not required. The viability assessment of contract financing is based on the actual contract or purchase order. Business plans are not required for micro-finance applications below R50 000.
All products under financial support will be assessed and funded based on assessment report.
Our financial support offerings include
** Start-up Finance — the programme is dedicated to helping SMMEs and co-operatives to secure the finances they need to jump start your business,
** Contract Finance — a type of loan that caters for entrepreneurs and SMMEs who secure contracts from government departments, public entities and private sector companies,
** Growth Finance — a programme that assists viable existing businesses looking to expand their operations by securing additional capital,
** Franchise Finance — which assists with funding for the acquisition of a new or existing franchise, as well as the much needed working capital,
** Micro-finance — the loan programme offers co-operatives and small businesses, access to much needed finance.
The programme is specifically geared towards start-ups and existing businesses who demonstrate growth potential and contribute to the broader economic objective of job creation and poverty eradication.
About GEP :
** Promote entrepreneurship, mobilise resources and facilitate an integrated approach to entrepreneurial development and support within the Province;
** Provide financial and business development support for the growth and sustainability of small enterprises;
** Facilitate investment in high-impact business enterprises that transform the structure and competitiveness of industrial sectors in the Province.