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Funding for land development

Jan 06 2013 11:12

SA farm ( Shutterstock)

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A small business owner is looking for financing to de-bush and fence his 4 hectares of land. He writes:

I have a plot with 4 hectares. At present half of it has been de-bushed and it is not fenced. How can I be assisted financially in order to complete the de-bushing and fencing?

Business development consultant Anton Ressel responds:

If you want to prepare a strong case for funding from the Small Enterprise Finance Agency (Sefa) or a similar body, you would need to indicate what the benefits would be of clearing and fencing this land.

Will you then grow vegetables? Will you perhaps farm cows and sheep on the cleared land? And will this in turn lead to job creation or other positive outcomes?

It is highly unlikely you will receive funding simply to clear and improve your private land, if you don't point out how this will be a broader benefit.

Your job is to describe this benefit in the form of a brief business proposal or plan.

*Share your experience of setting up your own business, or simply ask a question. Our business panel can put you on the right path.


 

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