Question

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

Answer 1

The functions of funding agencies for doing business in South Africa are as follows:-

• The department of trade and  industry- It provides funds for the businessman those who qualifies.

• The National Empowerment fund-This organization helps to support all  the individuals those who have been previously disadvantaged .This organization also helps for start up funds.

Answer 2

The functions of funding agencies for entrepreneurship and doing business in South Africa are as follows:-

1) Department of Trade and Industry ( DTI ) : The DTI funds relevant businesses from various sectors.

2) National Empowerment Fund ( NEF ) : This organization provides funding to start up businesses and those of formerly disadvantaged individuals and communities.

3) Isivande Women's Fund : This fund is particularly to support women with existing businesses.