GEP Financial Support
To qualify the SMME, CO-OPERATIVE OR START UP:
- must operate in Gauteng and have its head office in Gauteng
- be 100% South African owned
- be trading for over a year
- be registered with CIPC and
- be compliant with SARS
- have a valid South African identity document
- and be 100% SA owned
Informal traders must meet the following requirements:
- Have a valid South African identity document.
- Operate in Gauteng.
- 100% ownership by a South African citizen.
- Provide bank statements to prove operations.
- Provide an original and valid trading permit (only permits or licenses issued by the municipality will be accepted, councillor letters are not valid); and
- be registered and compliant with Companies and Intellectual Property Commission and the South African Revenue Service (assistance available if not registered or compliant yet).
To apply, SMMEs must submit the following:
- Certified identity document copies of directors/members.
- Business Profile.
- 3 Months Bank Statements and management accounts.
- FICA documents (e.g., Municipal accounts, letter from traditional authority).
- 6 Months Cashflow Projections – where applicable.
- Management Accounts after investment if applicable (assistance available).
- Other type of documents may be required depending on the nature of the application.
- Informal traders must provide an original and valid trading permit (only permits or licenses issued by the municipality will be accepted, councillor letters are not valid); and be registered and compliant with Companies and Intellectual Property Commission and the South African Revenue Service (assistance available if not registered or compliant yet).