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Growing the rail, ports and engineering sector. Creating sustainable enterprises. How do I apply for Godisa funding and assistance? All applications should take the form of an investment proposal, which must be accompanied by a formal business plan. The required documents may be submied via email or hand delivered. Once the proposal has been screened and evaluated by the Godisa fund manager, the entrepreneur will be asked to present their business case to a commiee consisting of the Godisa fund manager and representatives from the various contributors. If the business case is accepted, a due diligence process will be undertaken to ensure that the company is legally and financially compliant. Should the business case be declined, Godisa will support that enterprise with identifying the shortfall(s) that might have led to the unsuccessful application. This will allow for the entrepreneur to address any short-coming in order to comply with the stipulated requirements. Which businesses do not qualify for funding? Godisa does not invest in businesses operating in: Contact Details The Small Enterprise Finance Agency (SOC) Ltd (sefa) Eco Fusion 5 • Block D • Eco Park 1004 Teak Close Witch-Hazel Avenue • Centurion • 0157 T 012 748 9600 E [email protected] www.sefa.org.za Fraud Hotline Number: 0800 000 663 (Tip-offs anonymous) sefa (SOC) Ltd • Reg. No.: 1995/011258/06 is a licensed credit provider. NCRCP 160 A partnership between the manufacturing and distribution of ammunition; the manufacturing and distribution of alcohol and tobacco; gambling and sex trade.

Godisa DL brochure2 Supplier... · About the Godisa Supplier Development Fund In order to increase the effectiveness of sustainable enterprise development, the creation of sustainable

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Page 1: Godisa DL brochure2 Supplier... · About the Godisa Supplier Development Fund In order to increase the effectiveness of sustainable enterprise development, the creation of sustainable

Growing the rail, portsand engineering sector.

Creating sustainable enterprises.

How do I apply for Godisa funding and assistance?All applications should take the form of an investment proposal, which must be accompanied by a formal business plan. The required documents may be submitted via email or hand delivered.

Once the proposal has been screened and evaluated by the Godisa fund manager, the entrepreneur will be asked to present their business case to a committee consisting of the Godisa fund manager and representatives from the various contributors.

If the business case is accepted, a due diligence process will be undertaken to ensure that the company is legally and financially compliant.

Should the business case be declined, Godisa will support that enterprise with identifying the shortfall(s) that might have led to the unsuccessful application.

This will allow for the entrepreneur to address any short-coming in order to comply with the stipulated requirements.

Which businesses do not qualify for funding?Godisa does not invest in businesses operating in:

Contact DetailsThe Small Enterprise Finance Agency (SOC) Ltd (sefa)

Eco Fusion 5 • Block D • Eco Park •1004 Teak Close Witch-Hazel Avenue • Centurion • 0157

T 012 748 9600E [email protected]

www.sefa.org.za

Fraud Hotline Number: 0800 000 663 (Tip-offs anonymous)

sefa (SOC) Ltd • Reg. No.: 1995/011258/06 is a licensed credit provider. NCRCP 160

A partnership between

• the manufacturing and distribution of ammunition;

• the manufacturing and distribution of alcohol and tobacco;

• gambling and sex trade.

Page 2: Godisa DL brochure2 Supplier... · About the Godisa Supplier Development Fund In order to increase the effectiveness of sustainable enterprise development, the creation of sustainable

About the Godisa Supplier Development Fund In order to increase the effectiveness of sustainable enterprise development, the creation of sustainable businesses and jobs through partnerships is of the utmost importance.

The Godisa Supplier Development Fund is an enterprise development fund created in partnership with Transnet and the Small Enterprise Finance Agency (sefa).

The Fund focuses on promoting sustainable enterprise development; business growth and job creation amongst black-owned Transnet suppliers in rail manufacturing , freight logistics and related services, with a specific focus on developing women, the youth and people with disabilities.

The formation of this Fund at the total investment of R110 million, is in line with government’s call for not only the creation of new jobs, but the understanding that the development of entrepreneurship and the advancement of small micro and medium enterprises (SMMEs) and co-operatives is the best way to achieve sustainable economic growth in South Africa.

The Fund is managed by sefa who has an established base and track record in the enterprise development industry.

Godisa is a Setswana word that means ‘to nurture or to grow’. The Fund aims to nurture black-owned SMMEs and Co-operatives that are Transnet’s current and potential suppliers.

Who should apply?• Black-owned businesses already included in Transnet’ssupply chain, including potential businesses who wish to supply Transnet• Black women who seek to start a new business focused

on supplying Transnet

• Black youth who want to grow within this niche market

• Black businesses that are owned and managed by people with disabilities

Does my business qualify?Enterprises applying for investment financing through Godisa must:

1. Be permanently owned and managed by an entrepreneur or entrepreneurs who are South Africancitizens and who actively contribute to the business;

2. Be at least 51% black-owned or 30% black womenowned;

3. Be an existing or potential Transnet supplier in rail manufacturing, freight logistics and related servicessector;

4. Have a Broad-Based Black Economic Empowerment (B-BBEE) status of Level 1 - 4, regardless of turnover;

5. Preserve existing jobs and aim to create new jobs;

6. A maximum funding of R10 million will be awarded to an individual business;

7. Have sufficient cash flow or potential cash flow toservice the financing granted by Godisa;

8. Maintain accurate accounting records;

9 Have the scope to grow in order to supply clients other than Transnet's.

What financial and business support will be offered? • Funding in a form of: - Business loans - Guarantees• Business development support based on the needs

of the company