A new multi-million rand fund is now open for South Africa’s young innovators. The Orange Corners Innovation Fund (OCIF) GROW Programme 2026 aims to fuel high-potential businesses. The application deadline is December 31, 2025.
This initiative targets entrepreneurs aged 18 to 35 with proven, scalable business models. It is an extension of the established Orange Corners incubation programmes. The goal is to create jobs and address local social challenges.
Substantial Financial Support and Strategic Growth Focus
Selected businesses will receive funding between R200,000 and R1,000,000. This capital is designed to support scaling operations and workforce expansion. The fund specifically backs innovative products, processes, and marketing strategies.
Eligibility requires a business to be in its first seven years of operation. Applicants must have a minimum of six months of trading history. Annual turnover should fall between ZAR 250,000 and ZAR 10 million.
Aligning Business Growth with Sustainable Development
A core requirement for funding is alignment with the Sustainable Development Goals (SDGs). Businesses must demonstrate how they address a local challenge. Proven market traction for their innovative solution is essential.
According to programme guidelines, applicants must show how the funding will create impact. This includes clear plans for job creation and sales growth. The programme strongly encourages applications from female-owned businesses.
The OCIF GROW Programme represents a significant injection of capital for South Africa’s youth-led economy. This targeted funding aims to transform innovative ideas into sustainable, job-creating enterprises. It is a pivotal opportunity for young founders ready to scale.
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Who is eligible for the OCIF GROW Programme?
The programme is for South African citizens or permanent residents aged 18-35. Applicants must own and manage a business that is within its first seven years of operation and has at least six months of trading history.
What kind of funding is provided?
Successful applicants receive funding ranging from R200,000 to R1,000,000. This financial support is intended to help scale the business, grow sales, and create new jobs in the local economy.
What makes a business a strong candidate?
Strong candidates have a clear, innovative solution to a local challenge with proven market traction. The business must also align with Sustainable Development Goals and demonstrate a clear plan for growth and job creation.
Is this funding a grant or a loan?
The funding structure includes a loan component. Applicants must be able to demonstrate how they will repay the loan portion of the support provided by the fund.
Why is there a focus on the SDGs?
The programme aims to support businesses that drive positive change. Aligning with the Sustainable Development Goals ensures funded companies contribute to solving social and environmental challenges in South Africa.
জুমবাংলা নিউজ সবার আগে পেতে Follow করুন জুমবাংলা গুগল নিউজ, জুমবাংলা টুইটার , জুমবাংলা ফেসবুক, জুমবাংলা টেলিগ্রাম এবং সাবস্ক্রাইব করুন জুমবাংলা ইউটিউব চ্যানেলে।
