Women Economic Empowerment Financial Assistance (Incentives)
Isivande Women’s Fund (Isivande Women’s Fund)
Isivande Women’s Fund is an exclusive fund that aims to accelerate women’s economic empowerment by providing more affordable, usable and responsive finance than is currently available. The IWF targets formally registered, 60% women-owned and/or managed enterprises that have been in existence and operating for two or more years with a loan range of R30 000 to R2 million.
The Fund is managed by the Industrial Development Corporation (IDC) on behalf of the dti through a development fund manager. The IWF assists with support services to enhance the success of businesses. It pursues deals involving start-up funding, business expansion, business rehabilitation, franchising and bridging finance.