Asset Assist Programme

The Department of Small Business Development (DSBD) is relaunching the Asset Assist Programme, which was previously implemented by the Small Enterprise Development and Finance Agency (Sedfa).

Micro, Small, and Medium Enterprises (MSMEs) are hereby invited to submit applications for assistance with machinery, equipment, working capital, and the acquisition of raw materials, up to a maximum grant of R250 000. Only up to 20% of the total grant applied for may be used for raw materials and stock. All qualifying MSMEs, including those who applied in the previous Call for Applications but did not get the financial support, are invited to reapply.

Eligibility Criteria 

•  South African-owned MSMEs registered with the CIPC and tax compliant.
• Sole proprieters with vaild documentation and tax compliant.

The programme excludes:

• Co-operatives
• MSMEs with a turnover of more than R1 million
• MSMEs who were previously funded through the Asset Assist Programme

Click here to register an account and apply.