Jobs Fund Stories


SweepSouth CEO sweeps award

The World Economic Forum (WEF) on Africa, which took place in Durban the first week of May, has recognised six entrepreneurs who demonstrate the positive role women are playing in creating opportunities and preparing the region for the fourth industrial revolution
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Franchisee Businesses

Given the high failure rate of SMMEs, franchising is seen as a means of enhancing a business’ chance of success.
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Igniting Youth Interest in Agriculture

The agricultural sector is an important driver of growth, contributing about 6 percent of the country’s labour force and presenting significant export opportunities. It is also an important sector for small businesses.
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Hope and Jobs for the Youth of Soweto

The Mandela Legacy CareerBox Workforce Development Centre launched on 2 February 2017 at Thloreng Primary School at Vilakazi Street in Orlando West, Soweto. . The significance of this location cannot be overlooked. Vilakazi Street was home to two Nobel Prize winners
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7th Call for Proposal

To significantly reduce unemployment, poverty and inequality in South Africa, we require innovative solutions for inclusive job creation which can be implemented at scale. The Jobs Fund is pleased to announce the opening of its new funding round: Industry Change for Scaling Inclusive Job Creation Models
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2016 Jobs Fund Learning Forum Awards

At its fourth annual Learning Forum the Jobs Fund recognised some of its partners who have made a noteworthy contribution to decreasing unemployment in South Africa through breakthrough ideas and partnerships that lead to sustainable jobs.
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What we do

The Jobs Fund was launched in June 2011, we are a National Treasury initiative with the goal to address the challenge of unemployment in South Africa. Our objective is to form partnerships, through grant funding, with public, private and civil society organisations on projects that will significantly contribute to job creation. What makes us different is that the Jobs Fund focuses on encouraging projects that catalyse innovative models that contribute directly to enhance employment creation.

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Latest Results
125 approved projects
R6.5 billion in grant funds allocated.
R9.1 billion in leveraged funding from the
projects
146 008 new permanent jobs
51 353 vacant posts have been filled
22 923 short term jobs
182 489 people completing training

How we work

The Jobs Fund only accepts applications during open funding rounds and projects have to meet pre-determined criteria in order to be eligible for consideration. The Jobs Fund does not appoint intermediaries to assist applicants with their submissions for grant funding. The Jobs Fund is a challenge fund, the assessment and selection process is fair, transparent and competitive. Assistance is offered by the Jobs Fund team for queries and guidance. The Jobs Fund has a two-stage application process; the Concept Application Stage and Full Application Stage. The application process begins when a call for proposals opens, and ends once a project has been approved by the Investment Committee.
Stage 1 – Concept Application Stage
Stage 2 – Application Stage

Why a two-stage process?

The rationale for a two-stage process is that it enables applicants to test the relevance of their proposed initiative in relation to the Fund’s criteria, without expending undue effort and cost in developing a detailed proposal and business plan. Without this opportunity, many worthy applicants may choose not to apply, given the costs and risks associated with the development of a detailed proposal.

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