Gauteng Apply For Financial Support : geponline.co.za
Organization : Gauteng Provincial Government
Facility Name : Apply For Financial Support
Website : https://www.gauteng.gov.za/Services/GetServices?serviceId=CPM-001495
Gauteng Apply For Financial Support
The Gauteng Enterprise Propeller provides (GEP) is a one-stop-shop for SMMEs and offers personalised service. We offer financial and non-financial support.
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Who Can Apply?
The Gauteng Enterprise Propeller (GEP) offers financial and non-financial support to qualifying ?Small, Medium and Micro Enterprises ?(SMMEs) and Co-operatives.
How To Apply?
Steps :
Step 1 : Visit the official website through provided above.
Step 2 : Read the instructions carefully before applying.
Step 3 : Click on the “Financial Application Form” link at the end of the page.
Apply Online :https://www.gep.co.za/gep-online/
Step 4 : Fill the Application Form with the required details.
Step 5 : Finally click on the “Submit” button to complete your registration.
Note :
You will receive an email notifying you that we have received your submission. Should you not be satisfied or experience any technical glitches, kindly escalate to: mpillay [AT] gep.co.za.
Requirements
To be considered for financial support, businesses need to submit
** All the standard mandatory documents such as the Companies and Intellectual Property Commission (CIPC) registration; tax clearance; Financial Intelligence Centre Act (FICA) requirements; company profiles and management profiles,
** A business plan (GEP will assist in the development where applicable within GEP’s qualification processes) where funding is for start-up, expansion and franchise purposes.
For a contract finance, a business plan is not required. The viability assessment of contract financing is based on the actual contract or purchase order. Business plans are not required for micro-finance applications below R50 000.
All products under financial support will be assessed and funded based on assessment report.
Benefits
Our financial support offerings include
** Start-up Finance — the programme is dedicated to helping SMMEs and co-operatives to secure the finances they need to jump start your business,
** Contract Finance — a type of loan that caters for entrepreneurs and SMMEs who secure contracts from government departments, public entities and private sector companies,
** Growth Finance — a programme that assists viable existing businesses looking to expand their operations by securing additional capital,
** Franchise Finance — which assists with funding for the acquisition of a new or existing franchise, as well as the much needed working capital,
** Micro-finance — the loan programme offers co-operatives and small businesses, access to much needed finance.
The programme is specifically geared towards start-ups and existing businesses who demonstrate growth potential and contribute to the broader economic objective of job creation and poverty eradication.
About GEP :
** Promote entrepreneurship, mobilise resources and facilitate an integrated approach to entrepreneurial development and support within the Province;
** Provide financial and business development support for the growth and sustainability of small enterprises;
** Facilitate investment in high-impact business enterprises that transform the structure and competitiveness of industrial sectors in the Province.