Jobs Fund Stories


Breathing New Life into the Inner City

The Trust for Urban Housing Finance (TUHF) is a specialist inner-city commercial property financier that provides funding to small businesses. Using the Jobs Fund’s grant of R200 million, the TUHF is implementing a R1 billion funding structure to help new and existing entrepreneurs buy and construct about 200 residential buildings.
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Celebrating World Food Day with VKB

The 16th of October marked World Food Day, which commemorates the founding of the United Nations’ Food and Agriculture Organisation (FAO). This year’s theme focused on addressing migration through investing in food security and rural development.
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SweepSouth CEO sweeps award

The World Economic Forum (WEF) on Africa, which took place in Durban the first week of May, has recognised six entrepreneurs who demonstrate the positive role women are playing in creating opportunities and preparing the region for the fourth industrial revolution
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Franchisee Businesses

Given the high failure rate of SMMEs, franchising is seen as a means of enhancing a business’ chance of success.
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Igniting Youth Interest in Agriculture

The agricultural sector is an important driver of growth, contributing about 6 percent of the country’s labour force and presenting significant export opportunities. It is also an important sector for small businesses.
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Hope and Jobs for the Youth of Soweto

The Mandela Legacy CareerBox Workforce Development Centre launched on 2 February 2017 at Thloreng Primary School at Vilakazi Street in Orlando West, Soweto. . The significance of this location cannot be overlooked. Vilakazi Street was home to two Nobel Prize winners
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What we do

The Jobs Fund was launched in June 2011, we are a National Treasury initiative with the goal to address the challenge of unemployment in South Africa. Our objective is to form partnerships, through grant funding, with public, private and civil society organisations on projects that will significantly contribute to job creation. What makes us different is that the Jobs Fund focuses on encouraging projects that catalyse innovative models that contribute directly to enhance employment creation.

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Latest Results
117 approved projects
R6.1 billion in grant funds allocated.
R8.6 billion in leveraged funding from the
projects
100 055 new permanent jobs
55 053 vacant posts have been filled
27 314 short term jobs
209 845 people completing training

How we work

The Jobs Fund only accepts applications during open funding rounds and projects have to meet pre-determined criteria in order to be eligible for consideration. The Jobs Fund does not appoint intermediaries to assist applicants with their submissions for grant funding. The Jobs Fund is a challenge fund, the assessment and selection process is fair, transparent and competitive. Assistance is offered by the Jobs Fund team for queries and guidance. The Jobs Fund has a two-stage application process; the Concept Application Stage and Full Application Stage. The application process begins when a call for proposals opens, and ends once a project has been approved by the Investment Committee.
Stage 1 – Concept Application Stage
Stage 2 – Application Stage

Why a two-stage process?

The rationale for a two-stage process is that it enables applicants to test the relevance of their proposed initiative in relation to the Fund’s criteria, without expending undue effort and cost in developing a detailed proposal and business plan. Without this opportunity, many worthy applicants may choose not to apply, given the costs and risks associated with the development of a detailed proposal.

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