Question

Four functions of funding agencies for entrepreneurship and doing business in south Africa

Answer 1

Sponsoring agencies in South Africa finance and allow for entrepreneurship and trading in South Africa that can create distinction to the country's financial wealth.

Four consequence or function of the financing agencies are given below:-

• The National Empowerment Fund provides fund to previously disadvantaged individuals and communities to fund their startups.

• The National Youth Development Agency provides enterprise funds for young entrepreneurs aged between 18 and 35 years old.

• The Isivande Women's Fund provides fund exclusively to women to empower them with existing business.

• The Department of Trade and Industry provides fund to qualifying businesses from various sectors.

Answer 2

Financing organizations in South Africa give assets and gifts to enterprise and working together in South Africa that can have any kind of effect to the nation's economy.

Four elements of the subsidizing offices are the National Empowerment Fund gives store to recently burdened people and networks to finance their new companies.

The National Youth Development Agency gives venture assets to youthful business visionaries matured somewhere in the range of 18 and 35 years of age.