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Productivity · 1 mentions
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Check if you qualify: NYDA You must be 18–35 years old Business must be youth-owned Make sure your business idea fits NYDA funding (small biz, spaza shop, online store, hair, fashion, agriculture etc.) Register on the NYDA Portal Visit the official NYDA website and create your account Use the same email & phone for everything This portal is where you’ll track your grant application NYDA will ask you a few questions online Answer honestly this decides if you qualify for a grant or voucher Save a screenshot for your records Attend NYDA Business Training You need to complete a short business management course NYDA provides training sessions at branches or online Keep your certificate, it’s required to apply Prepare Your Documents Make sure you have: Certified copy of your ID Proof of residence (utility bill or affidavit) Business registration (CIPC certificate) or affidavit for informal trading Bank statement (last 3 months) One-page business plan & budget Quotes for stock, equipment, or marketing Training certificate from NYDA course Submit & Follow Up Submit your application online or at your nearest NYDA branch note your application reference number NYDA may contact you for additional information or schedule your pitch Assessment & Due Diligence NYDA will review your documents and pitch They may verify your business, bank statements, and trading history Be ready to provide any extra proof quickly If Approved Sign Agreement and Track Funds Keep all receipts and records of how the grant money is spent follow reporting requirements strictly Misuse can result in being blacklisted If Rejected don’t give up to quickly Ask NYDA why your application was rejected Fix issues (documents, plan, evidence of sales) Reapply persistence pays off