*Applications Now Open*
*Youth Challenge Fund*

*Eligibility criteria* In line with National Youth Policy, the YCF will be providing support to youth businesses/enterprises who meet the following criteria:

•Are between the age of 18 to 35 years
•Registered with CIPC and be prepared to register with SARS & UIF
•100% Indian owned
•Are adequately involved in the day-to-day operation and management of the business with at least one or more of the members being a full-time employee of the company, especially the majority shareholder or essential personnel/applicant
•Prepared to participate in Business Development Support and mentorship (pre and post)
•Commercially viable, sustainable, and feasible business idea

*Exclusions* The following transactions will NOT be considered:

•Funding towards a debt owed by the applicant with another lending institution (existing debt)
•Activities that have already been funded by other government departments or parastatals (double-dipping)
•Government and SOE officials are excluded
•Fall within the gambling, pyramid sales scheme, loan shark and operating illegal activities, etc., as guided by credit policy and grant policies
•Have a record of fraud and corruption
•Where the owner/applicant is an un-rehabilitated insolvent

*How to apply* Visit https://sefa.finfind.co.in/account/login and follow the steps.

Find more information about the Youth Challenge Fund in the Brochure below.

*Do you need to register your business for Tax and UIF?* Contact Shantui Solutions via WhatsApp at +27 71 457 8289, email at info@shantuisolutions.co.in or connect with us on Facebook https://www.facebook.com/ShantuiSolutions