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Support for youth-owned enterprises from NYDA

Coronavirus (COVID-19) - Support for SMMEs update

We have been working with various stakeholders across government and our professional bodies to determine the level of support available for SMMEs during the Covid-19 lockdown.

Do you need assistance with the Temporary Employer-Employee Relief Scheme (TERS) application?

For assistance with the TERS, please click here or email us at

The National Youth Development Agency (NYDA) has launched the Youth Micro Enterprises Relief Fund (YMERF) aimed at assisting youth-owned enterprises, which might not qualify for other funds.

“Funding will be capped at R10 000 for every qualifying business. More details about the NYDA Youth Micro Enterprise Relief Fund are available on and on all NYDA social media platforms,” the agency said on Monday.

Requirements and application forms can be found on


Boraine Consulting assists SMMEs with a full suite of accounting, tax and consulting services. Our focus is on improving the sustainability of SMMEs through financial literacy and empowering SMMEs with tools and information to make sound financial decisions about their businesses.

If you’d like a consultation, contact us at

Additionally, click here for a free health check of your business.

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