Assessment of Cooperatives in the Poultry Industry - 2013.pdf - Seda

Research Report: Addressing the Needs, Opportunities and Challenges of Cooperatives and Collectively Owned Enterprises in the Poultry
and Related Industries
Support Organisation Purpose and Function Main Services Target Groups
5) Y-Age (Youth and
Graduate
Entrepreneurship)
6) South African Micro-
Finance Apex Fund
(SAMAF)
7) Black Business
Supplier
Development
Programme (BBSDP)
Y-Age was established in 2011
and provides training, funding
and mentorship to youth
entrepreneurs. Currently
operating in Gauteng, Y-Age plans
to expand into a national
organisation in 2012.
SAMAF is a wholesale funding
institution that works through
Financial Service Cooperatives
(FSCs) and Micro-Finance
Institutions (MFIs) to deliver
financial and non-financial
services.
The BBSDP offers cost-sharing
grants to black-owned SMEs to
increase their competitiveness,
sustainability and job creation.
Funding: A combined grant/loan for
entrepreneurs with an existing business or
business idea
Training: Offer a series of courses on business
management, marketing, bookkeeping and
other skills
Mentorship: Ongoing mentorship for small
businesses
Micro-enterprise Loans: A combination of
grants and loans to finance the start-up,
growth and expansion of micro and small
businesses with a total income of not more
than R3,500 per month
SAMAF Fund: To enhance the institutional
capacity of FSCs and MFIs through partial
subsidization of their operation costs and the
development of reporting systems, policies
and procedures
SAMAF Savings Mobilization: Assists existing
unregistered cooperatives, savings groups and
clubs to formally register and improve their
overall capacity
SAMAF Technical Support: Assists FSCs and
MFIs with financial management
Provides grants of up to R1 million
• Up to R800,000 for tools, machinery and
equipment on a 50:50 cost-sharing basis
• Up to R200,000 for business
development and training to improve
Supports South
African youth aged
18-35
Supports survivalist
entrepreneurs and
the working poor
Black-owned small
businesses
Restrictions and
Fees
Available to Gauteng
youth
No fees for mentorship
and training
Must attend training
prior to receiving
finance
Preference given to
individuals from
previously
disadvantaged
backgrounds and the
organisations that
represent them
FSCs, MFIs and
cooperatives must be
registered with a
minimum number of
members to receive
funding
Companies must be
established, majority
black-owned and
managed and have
turnover of R250,000 to
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