Absa Youth Entrepreneurship Fund 2026

About

A grant-funded initiative designed to support young South African entrepreneurs by providing phased funding, tailored mentorship, and strategic business support to help them turn their ideas into sustainable businesses that create jobs and drive economic growth.

Benefits

• 💰Grant Funding
  Conditional grant funding linked to business milestones with no repayment required.
• 🎓Tailored Mentorship
  Access to personalized mentorship and strategic support throughout the program.
• 📊Financial Guidance
  Support in financial management and governance to ensure sustainable business practices.
• 🌐Market Access
  Opportunities for customer development and access to broader markets.
• 🤝Community Impact
  Participants are encouraged to mentor future entrepreneurs, creating a cycle of support.

Eligibility Criteria

• Open to young entrepreneurs in South Africa
• Must have a business idea or an existing business
• Participants should be willing to engage in mentorship and support future entrepreneurs
• No repayment or equity taken from the funding
• Must be committed to creating jobs and contributing to local economies

Participation Commitments

• Must attend program events and workshops throughout the 12-month duration
• Engagement in mentorship activities to support future participants
• Regular reporting on business milestones to receive phased funding
• Commitment to creating job opportunities within the local community.

Target Region

South Africa

Target Sector

Youth Entrepreneurship and Economic Development