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Over R760 million allocated to empower township and rural startups in South Africa

IOL Business · 2026-01-12

Summary. South Africa's Small Business Development Ministry has disbursed over R760 million since 2015 to support township and rural startups through digital skills training, innovation funding, and transformation programmes. The Small Enterprise Development and Finance Agency now deliberately directs funding to historically underserved provinces like Limpopo and Mpumalanga, addressing geographic funding imbalances that previously concentrated support in Gauteng and the Western Cape.

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Details

Countries
South Africa
Categories
entrepreneurship, broadband-and-digital, funding
Added
2026-04-29