National Empowerment Fund Revenue
Financial Services • 
Johannesburg, Gauteng, South Africa • 201-500 Employees
National Empowerment Fund revenue & valuation
| Annual revenue | $10,000,000 |
| Revenue per employee | $40,000 |
| Estimated valuation?This valuation is estimated based on industry average for the Financial Services industry and current estimated revenues | $32,000,000 |
| Total funding | No funding |
Key Contact at National Empowerment Fund
Company overview
| Headquarters | 187 Rivonia Road, Johannesburg, Gauteng 2196, ZA |
| Phone number | +27861843633 |
| Website | |
| NAICS | 52 |
| SIC | 628 |
| Keywords | Expansion Capital, Rural, Fund Management, Asset Management, Capital Markets, Franchise Finance, Enterprise And Supplier Development, Acquisition Finance, Entrepreneurship Finance, Procurement Finance, A Leader In Venture Capital Finance, An Academy Of Excellence, Arts And Culture Venture Capital, Black Business Manufacturing Fund, Codes Of Good Practice, Financial And Non-Financial Solutions, Funding Instruments, Growing Black Economic Participation, Liquidity & Warehousing, Nef Covid-19 Economic Distress Fund, New Venture Capital, Post-Investment Business Support Unit (Poiu), Pre-Investment Unit (Piu), Strategic Projects Fund, Tourism Transformation Fund, Township And Community Development Fund, Women Empowerment Fund (Wef), Imbewu Fund, Umnotho Fund |
| Founded | 1998 |
| Employees | 201-500 |
| Socials |
National Empowerment Fund Email Formats
National Empowerment Fund uses 4 email formats. The most common is {last name}{first initial} (e.g., doej@nefcorp.co.za), used 48.1% of the time.
| Format | Example | Percentage |
|---|---|---|
{last name}{first initial} | doej@nefcorp.co.za | 48.1% |
{last name}{last name} | doedoe@nefcorp.co.za | 48.1% |
{first name} | john@nefcorp.co.za | 1.9% |
{last name} | doe@nefcorp.co.za | 1.9% |
About National Empowerment Fund
NEF Mandate: Established by the National Empowerment Fund Act No 105 of 1998 (NEF Act), the National Empowerment Fund (the NEF) is a driver and thought-leader in promoting and facilitating black economic participation by providing financial and non-financial support to black-owned and managed businesses, and by promoting a culture of savings and investment among black people. NEF business funding is from R250 000 to R75 million and where the funding requirement is greater, this is normally financed through third-party support. As at November 2021 the NEF had approved in excess of R11.2 billion across various sectors country-wide, with a total project value of R20.37 billion, supporting over 105 949 jobs. Investment Funds: NEF funding is obtainable from the following specialist Funds: 1. The Women Empowerment Fund (WEF) facilitates the provision of funding to businesses owned and managed by black women across a range of sectors for start-up, expansion and equity acquisition purposes. 2. iMbewu Fund supports black SMEs for franchise, procurement and entrepreneurship finance in support of new and existing black-owned businesses seeking to expand through debt, quasi-equity and equity finance products. 3. uMnotho Fund is designed to improve access to BEE capital through Acquisition Finance, Project Finance, Expansion Finance, Capital Markets Fund, and Liquidity and Warehousing. These products provide capital to black-owned and managed enterprises that are buying equity shares in established enterprises, new ventures and expansions. 4. The Rural, Township and Community Development Fund (RTCDF) provides funding to aspiring rural entrepreneurs and facilitates skills transfer to and operational involvement by community groups. 5. The Strategic Projects Fund (SPF) is mandated to increase the participation of potential black industrialists in early-stage projects in order to maximise South Africa's industrial productive capacity across key economic sectors.
Employees by Management Level
Total employees: 201-500
Seniority
Employees
Employees by Department
National Empowerment Fund has 160 employees across 10 departments.
Departments
Number of employees
Funding Data
National Empowerment Fund has never raised funding before.
National Empowerment Fund Tech Stack
Discover the technologies and tools that power National Empowerment Fund's digital infrastructure, from frameworks to analytics platforms.
Form builders
Caching
JavaScript libraries
JavaScript libraries
JavaScript libraries
UI frameworks
JavaScript libraries
Web servers
Advertising
Video players
JavaScript libraries
Programming languages
United States
United Kingdom
France
Frequently asked questions
4.8
40,000 users
