NYDA

What are requirements for NYDA?

The application process for the NYDA grant includes:

• You must apply before the age of 35.
• Submit all required documents.
• Proof that you have attended a business management course.
• A 10-minutes business pitch can be conducted telephonically or in person.
• A due diligence report will be conducted by an NYDA official.

How much is NYDA funding?

Funding Amounts

Funding for individuals or enterprises ranges from R2,000 to R200 000 (for agriculture and technology related projects the maximum funding value is R250,000.00).

How do I register on NYDA?

How do I register/apply on the ERP system? Step 1: Click on the Register menu item. Step 2: Click on the Youth enquiry/Registration button. Step 3: Complete the form and click on the submit.

Do you have to pay back NYDA grant?

It is a once off grant. This means you do not have to pay it back. HOW DO I QUALIFY? The youth owned enterprise must have been existing and operating for a period of six (6) months prior to the lockdown.

nyda