Employment Creation Fund (ECF)
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Objective
The ECF supports projects and programmes that have a positive impact on employment creation, skills development and capacity building, developing the ‘green economy,’ developing the agriculture and agro-processing value-chain, technology diffusion and commercialisation, public employment creation, rural development and the business environment
Beneficiaries
Private sector enterprises, non-governmental organisations (NGOs,) non-profit organisations, community-based organisations, industry associations, co-operatives, national, provincial and local government departments and agencies
Benefits
Funding is available for innovative and relatively higher risk projects that are not likely to be funded through government’s normal budget processes and or where the commercial financial sector is unable or unwilling to provide financial services
Implementing agency
The Department of Trade and Industry