Name of the fund
Township and Rural Economy Fund
Fund administered by
Type of relief/support
Total size of the fund
R1b (R250m a year for the next 4 years)
Who does the fund target?
Businesses based in townships
Information Technology (IT) and Digitalisation, Manufacturing, Agriculture and Agri-Processing, Retail, Infrastructure and Tourism Sectors.
Minimum amount you can apply for
Maximum amount you can apply for
R1 500 000
FUNDING CRITERIA FOR TOWNSHIP AND RURAL ECONOMY FUND:
The fund will invest mainly in those enterprises based in the information technology (IT) and digitalisation, manufacturing, agriculture and agri-processing, retail, infrastructure, and tourism sectors.
ADDITIONAL INFORMATION FOR TOWNSHIP AND RURAL ECONOMY FUND:
For queries regarding this funding please go to https://www.ubank.co.za/ or call 086 000 8322.