The newly launched National Youth Fund is set to be a national compact designed to amplify youth entrepreneurship and integrate young people into key sectors including agriculture, energy, digital and manufacturing.
At the same time, the NYDA has announced a funding pool of R2.5 billion to support youth-led enterprise efforts.
Following the debut of the NYDA Youth Investment Indaba and a keynote address by deputy president Paul Mashatile, young business owners say they now seek more than inspiration, they want specifics.
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“Equipping the youth with entrepreneurial skills is essential for societal success,” Mashatile said.
Yet several emerging entrepreneurs assert that without visible mechanisms and transparent selection criteria the monetary commitment may not reach township and rural business owners who need it most.
“For us in the township the talk of big funds always sounds good, but we still don’t know how to plug into them,” said Fumi Dlamini, founder of a mobile repair startup in Alexandra. “We need timelines, we need clear criteria, and someone to show us how to apply.”
Similarly, Madoda Khumalo of a youth-run agro-processing enterprise in Tembisa said the Indaba made an important statement, but the gap between promise and delivery remained wide.
“The keynote speech gave hope, but by the end we were still asking: where’s the money? When will it land? Who will get it?” Khumalo asked.
According to NYDA deputy board chair Bonga Makhanya the process is in motion.
“We will from Friday begin rolling out loans from the R2.5-billion Youth Fund to support small enterprises,” he said.
The agency also confirmed that among its efforts are youth-enterprise support, training, market linkages and partnerships with development finance institutions, though full operational details remain to be published.
While youth-led startups display optimism, analysts say the real test will come with implementation. Youth entrepreneurs often face obstacles such as lack of collateral, weak business planning, and limited access to markets, factors that make navigating funding programmes difficult. The National Youth Fund will need to address these structural barriers in order to truly make a difference.
Official documentation from the NYDA reiterates that its vision is an inclusive economy in which young people are active participants, not just recipients. The agency’s recent media statement underscored that youth development, enterprise support, and inclusive access to finance form the core of its strategic plan for the coming years.
lazola@vutivibusiness.co.za
