Business Viability Programme

Business Viability Programme


The Business Viability programme intends to promote SMME competitiveness, sustainability, viability and growth; to promote job creation, curb job losses and closure of businesses and to provide sufficient financial and non-financial support to enable SMMEs to operate efficiently.

The programme will cover

  • Acquisition of new Equipment/Machinery/Vehicles and other related business assets for business related purposes only
  • Working Capital (suppliers, employees, stock, raw material, and other operational costs)
  • Non-financial support (Business Development Services).


The programme is open to all eligible enterprises that meet the qualifying criteria. However, the following enterprises will be prioritized:

  1. SMMEs that are already funded by the Small Business Development portfolio through grants and various other interventions, sefa funded SMMEs and Seda supported entities
  2. SMMEs that applied for SMME Debt Relief Facility but were not approved due to budget constraints
  3. Preference will be given to SMMEs owned by Youth, Women and People with disabilities including SMMEs operating in Townships and Rural areas.

Financial package

The funding quantum per SMME will depend on the SMME diagnostic assessment results and will be tailor made for each SMME (limited to a maximum of R15m).


  • Blended Finance which is a combination of a grant and a loan
  • The grant will be up to a maximum of 30% of the total funding requirement dependent on the development impact calculated through the scorecard
  • Interest rate on the loan component is limited to fixed 5%
  • Initial payment moratorium of up to maximum of 12 months depending on the business cashflows
  • Repayment period of a maximum of 120 months depending on the business cashflows
  • Maximum funding accessible per entity is R15 million.


  1. Asset finance
  2. Term loan
  3. Working capital facility
  4. Revolving credit facilities

Business development support

Business development support linked to the Scheme is coordinated through Seda, including but not limited to the following:

  1. Performing company diagnosis using the effective and relevant diagnostic tools
  2. Enterprise Coaching Programme in partnership with industry experts using Webinar platforms
  3. Financial literacy which includes:
    • How to access external financing sources
    • What it takes to be bankable (bookkeeping, credit history etc)
    • Usage of financial ratios to constantly assess financial health
    • Financing growth through retained earnings
    • Maintaining going concern status

Institutionalise the use of mediation or alternative dispute resolution tools to facilitate negotiations between the SMMEs and creditorsProductivity improvement techniquesSupport on product development, testing and conformityTraining on product costing and pricingInnovation and technology support programmes including sector-specific incubation to SMMEsIdentify and recommend alternative and efficient technology to be used by SMMEs with a view to ramping up production to meet the demandEstablish a team that will identify alternative markets for SMMEs as well as product relevancyEstablish e-marketing platform for SMMEsFacilitate Business to Business (B2B) and Business to Consumer (B2C) linkages for SMMEsLink SMMEs to government procurement opportunitiesCreate Export Finance Programme to enable SMMEs whose local market is saturated to participate in global value chainsFacilitate market access opportunities through public and private sector partnershipsFacilitate business linkages between big businesses and small businesses so that small businesses can access contracts.

Conditions for Participating in the Scheme:

  1. The business must employ or have potential to employ a minimum of 5 workers
  2. The applicant must comply or be willing to receive assistance to comply with the relevant industry/sector standards.

Qualifying Criteria:

The applicant must:

  • Be registered legal entity in South Africa (Registered with CIPC and UIF)
  • Be a 100% owned by South African citizens
  • Employees must be 70% South Africans
  • Have been in operation for at least 12 months
  • Be registered and compliant with the South African Revenue Service.

Funding requirements

  1. Business expansion plan or turnaround plan
  2. FICA documents (e.g Municipal accounts, Letter from Traditional Authority)
  3. Certified ID copies of Directors/Members
  4. 12 months bank Statements
  5. Latest Annual Financial Statements
  6. Management Accounts not older than three months from date of application
  7. 5 year Cash Flow Projections (with clear assumptions)
  8. Proof of product market (Contract or Purchase Order)
  9. Copy of Lease Agreement or Proof of Ownership
  10. Relevant industry certification – where applicable
  11. Facility Statements of Other Funders - where applicable
  12. Quotations for applied funding
  13. Detailed break-down on application of funds including salaries, rent etc.

How to Apply?

Visit and follow the steps.

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