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GONews February 2008, No. 24-001
Umsobomvu Youth Fund Umsobomvu


Umsobomvu is a Government initiative aimed at creating opportunities for South African Youth in entrepreneurship and job creation. The Voucher Program is NOT a LOAN PROGRAM. The Voucher Program provides support services to both new and existing youth owned businesses.

Who Qualifies?
  • Males between 18 – 35 years of age
  • Females 18-65 years of age
  • Unemployed Graduates
  • Young woman
  • Rural and urban youth
  • Youth in conflict with Law
  • Previously disadvantaged individuals (PDI’s) – 90%
  • South African citizens ONLY
  • Non Previous disadvantaged individuals – 10%
Your Business should be in one of the following sectors:
  • Tourism
  • Information Communication Technology (ICT)
  • Manufacturing
  • Construction
  • Agro-processing
  • Service
  • Franchise
Voucher Program Support Services includes:
  • Accounting
  • Bookkeeping – once off clean-up
  • Business plan development
  • Business and financial administration
  • Feasibility
  • Due Diligence
  • Legal services
  • Marketing Planning
  • Tendering support
  • Web Based Marketing
  • Branding & Design of Business Forms
  • CC & PTY Registrations
If you would like to know more about the Program and are interested in the above mentioned services that are available through this Program, please feel free to come into our offices on a Wednesday morning @ 10:15am and attend the UYF Information Session and there after you will receive an application form that will allow you to apply for these support services. If you have any queries in this regards, you may contact me @ our offices with the details reflected below.


Source: News February 2008 TopPage Top

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