ATTENTION SALDANHA BAY MSMEs!

by | Dec 12, 2025 | News

The DSBD Asset Assist Programme Is BACK — Bigger, Better, and Ready to Boost Your Business!**

The Department of Small Business Development (DSBD) has officially re-launched the Asset Assist Programme, giving Micro, Small, and Medium Enterprises a renewed opportunity to access funding of up to R250 000 to grow, upgrade, and strengthen their operations.

Whether you need machinery, equipment, working capital, or raw materials — this is your chance to take your business to the next level.
(Note: Only up to 20% of your grant request may be used for raw materials or stock.)

>>>And great news:
If you applied previously and were not funded, you are encouraged to apply again.

~Who Can Apply?

South African-owned MSMEs in Saldanha Bay Municipality who are:

✔ Registered with CIPC
✔ Fully tax compliant
✔ Sole proprietors with valid documentation (also tax compliant)

~Not Eligible:

❌ Co-operatives
❌ Businesses with turnover above R1 million
❌ Previous beneficiaries of the Asset Assist Programme

~What You Need to Prepare!

Make sure you have the following documents ready:

-CIPC Registration Documents
-Company Profile
-Certified ID + Proof of Residence (Directors/Owners)
-Tax Compliance Pin (SARS)
-Business Proof of Address
-12-month financial projections
-12-month financial statements/management accounts (for existing businesses)
-Business Bank Account Confirmation + 1 Month Recent Statement (existing businesses)
-Bank Account Confirmation Letter (start-ups)
-Valid work permits or residency documents for foreign employees
-Quotations for required machinery/equipment/services

    ~How to Apply?

    Apply online:
    🔗https://www.dsbd.gov.za/asset-assist-progamme

    ~Deadline
    📅 09 January 2026
    ⏰ 23h59 (No late or incomplete applications will be accepted)

    Applications will be processed on a first-come, first-served basis, and the DSBD may close applications early due to budget limits — so don’t delay!

    ~Saldanha Bay MSMEs — This Is Your Moment!

    If you have been waiting for an opportunity to expand, modernize, or strengthen your business, the Asset Assist Programme is exactly what you need.

    Let’s grow local businesses. Let’s build a stronger Saldanha Bay economy, one MSME at a time!

    Apply now. Act fast. Level up your business.