Absa opens $723,000 grant fund for young Black-owned South African businesses

The Youth Entrepreneurship Fund is designed to provide grant capital to early-stage Black-owned businesses rather than requiring founders to give up equity. Applications are scheduled to close on October 31, 2026. The program expands institutional support for young Black entrepreneurs in South Africa and gives Absa a direct role in developing a pipeline of emerging businesses.

• absa
• south africa
• grants
• black-owned businesses