Share

Funding for land development

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.


 
We live in a world where facts and fiction get blurred
Who we choose to trust can have a profound impact on our lives. Join thousands of devoted South Africans who look to News24 to bring them news they can trust every day. As we celebrate 25 years, become a News24 subscriber as we strive to keep you informed, inspired and empowered.
Join News24 today
heading
description
username
Show Comments ()
Rand - Dollar
18.97
-0.3%
Rand - Pound
23.97
-0.3%
Rand - Euro
20.48
-0.1%
Rand - Aus dollar
12.36
-0.1%
Rand - Yen
0.13
-0.4%
Platinum
907.94
+1.2%
Palladium
1,014.30
+1.3%
Gold
2,215.39
+0.9%
Silver
24.91
+1.1%
Brent Crude
86.09
-0.2%
Top 40
68,346
+1.0%
All Share
74,536
+0.9%
Resource 10
57,251
+2.9%
Industrial 25
103,936
+0.6%
Financial 15
16,502
-0.1%
All JSE data delayed by at least 15 minutes Iress logo
Company Snapshot
Editorial feedback and complaints

Contact the public editor with feedback for our journalists, complaints, queries or suggestions about articles on News24.

LEARN MORE
Government tenders

Find public sector tender opportunities in South Africa here.

Government tenders
This portal provides access to information on all tenders made by all public sector organisations in all spheres of government.
Browse tenders