The Department of Small Business Development (DSBD) has established relief funds and facilities to assist Small, Micro and Medium Enterprises (SMMEs) during the COVID-19 pandemic.

The funds and facilities are aimed at providing relief on existing debts and payments, and to assist entities to acquire raw material, as well as to pay labour and operational costs. All these interventions will be structured to match the patterns of the SMME’s cash flows, as well as the extent of the impact experienced due to the COVID-19 pandemic.

The following relief funds are available to SMMEs:

WHO CAN APPLY? For Businesses which are negatively affected, directly or indirectly, due to the COVID-19 pandemic. This is available for any small business to assist with e.g. the procurement of stock and to pay staff, i.e. to help with the operational aspects of your business. For businesses geared to take advantage of supply opportunities resulting from the COVID-19 pandemic or shortage of goods in the local market. For example, for businesses in the health care sector to assist in the production and supply of health care products and services. A payment moratorium / holiday for six months (April to October 2020) to all SMME’s that have Small Enterprise Finance Agency (SEFA) loans and that are adversely affected by the COVID-19 pandemic.  
Common QUALIFYING CRITERIA   The business must have been registered with the Companies and Intellectual Property Commission (CIPC) by at least 28 February 2020;Company must be 100% owned by South African citizens;Employees must be 70% South Africans;Priority will be given to businesses owned by Women, Youth and People with Disabilities;Be registered and compliant with the South African Revenue Services (SARS) and the Unemployment Insurance Fund (UIF);Complete the simplified online application platform;Registration on the National SMME Database – ID Copies of Directors/members;3 Months Bank Statements;FICA documents (e.g. Municipal accounts, letter from traditional authority);Latest Annual Financial Statements or Latest Management Accounts not older than three months from date of application – where applicable;Business Profile; and 6 Months Cash Flow Projections – where applicable.
Additional QUALIFYING CRITERIA for each fund   The Small Enterprise Development Agency (SEDA) will assist micro-enterprises to comply. A request for assistance must be emailed to or small and medium enterprises must ensure their own compliance;Proof that the business is negatively affected by COVID-19 pandemic;Company Statutory Documents;Copy of Lease Agreement or Proof ownership if applying for rental relief;If applying for payroll relief, details of employees – as registered with UIF and including banking details – will be required as payroll payments will be made directly to employees;SMME employers who are not compliant with UIF must register before applying for relief;Facility Statements of Other Funders;Detailed breakdown on application of funds including salaries, rent etc. Applications must be sent to  and additional information can be found at;For non-compliant Micro businesses, Seda will assist them to comply.  Information can be found at and a request for assistance must be sent to:; CIPC Registration Documents;Relevant Industry Certification – where applicable;Estimations for funding requested.   Funded SMMEs must submit proof of the negative impact of COVID 19An analysis of SEFA funded SMMEs will be conducted to assess which clients require restructuring of the loan accountsThe debt repayments will be sculpted to match the pattern of the cash flowsThe additional funding will be offered at prime less 5 This will ensure that the already funded SMMEs are protected from high interest rates and are offered an opportunity to survive post the COVID 19 pandemic Normal SEFA delegation of authority will apply to the approval of debt restructures
How to apply. Register on the National SMME Database at the online Application Form at Required Supporting Documents


This support scheme is open to a spaza shop/ general dealer owner who is a South African and holds a valid trading permit (including temporary) or business license in the case of a general dealer, qualifies to apply.

Have a valid South African IDHave a valid and original municipal trading license/ permit to trade or business license in case of a general dealer (COPIES ARE NOT ACCEPTABLE). Only permits or licenses issued by the municipality, NOT a councillor are valid Be registered with CIPC, SARS and UIF (assistance available if not registered yet) Proof of Banking (owner/business) Registered on (assistance available if not registered yet) Commit to stock products from SMMESTo submit Management Accounts after investment (assistance available)   Spaza shop/general dealer to register on and upload details Apply for the Spaza Support Scheme at participating banks (banks will access spaza details as registered on to send application to Department of Small Business Development (DSBD) for validation and verification Upon approval Spaza collects purchasing card from BankSpaza to go to participating wholesaler to purchase  
Further information available at And

Additional links to direct funding application for businesses impacted by COVID-19

Youth Business Relief FundBlack Business Brochure National Empowerment Fund SMME Relief FundingBusiness Growth and Resilience Facility GuidelinesDebt Relief Finance Scheme SEFA Debt Restructuring FacilityIDC package SAFT FundDAFF FUND Spartan Relief IDC COVID-19 Essential Supplies Funding

Information supplied by Department of Small Business Development (DSBD)

Contact Department of Small Business Development for more information at:                  0860 663 7867 or 0860 ONE STOP or  mailto:

NB: Please note all loan agreements are subject to the National Credit Act [No. 34 of 2005] and ail the rights and responsibilities indicated therein, will apply.

All applicants are therefore urged to ensure they understand the terms and conditions of the loan facility they are applying for.

More information available at or call 0860 627 627.

Money Smart Week (MSWSA), an initiative of the FSCA along with other key stakeholders, was due to be held at the end of March but has been postponed until March 2021. Look out for more details about this national campaign and more financial literacy education at aimed at motivating and empowering South Africans to become more educated about their finances. Go to for more details.

Stay safe and abide by lockdown regulations

If you have any queries and for more information on consumer education messaging and activities, you can contact the FSCA at the following details:

Contact Centre:          0800 20 (FSCA) 3722



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