how do you get a business plan from nyda

Global site navigation

• Celebrity biographies
• Quotes - messages - wishes
• Bizarre facts
• Celebrities
• Family and Relationships
• Women Empowerment
• South Africa
• Cars and Tech

NYDA funding 2022 guide: Application forms, dates, requirements, eligibility criteria

Did you know the NYDA funding programme has helped numerous South African youth become self-sufficient? The National Youth Development Agency (NYDA) was established to deal with challenges experienced by young people in the country. It promotes their economic development, employment, and social cohesion.

PAY ATTENTION: Follow Briefly News on Twitter and never miss the hottest topics! Find us at @brieflyza !

NYDA funding is one of the programmes run by the National Youth Development Agency, established by an Act of Parliament , i.e. Act 54 of 2008. The agency primarily deals with issues affecting South African youth, including lack of capital to start business ventures.

NYDA funding 2022 guide

Do you wish to learn how to apply for NYDA funding in 2022? The agency provides financial and non-financial support to young entrepreneurs to grow their businesses.

Non-financial support includes mentorship, business consultancy services, market linkages, and business development training. Read on to learn how you can access the funding.

List of reputable publishers in South Africa in 2022: contacts details, location

PAY ATTENTION: Never miss breaking news – join Briefly News' Telegram channel!

How to get funding from NYDA: Step-by-step guide

To access NYDA business funding, you must meet specific criteria and submit an application. You can submit your application by visiting your nearest NYDA Branch. Alternatively, you can apply online using the steps below.

• On an internet-enabled device, visit the official portal .
• Click Youth Enquiry/ Registration . A registration form will appear on your screen. Fill it out, ensuring you enter the correct information. Click Submit to create your account.
• Once you create the account, submit all necessary documentation.
• Provide proof of attending a Business Management Training course.
• Once the officials go through your application and ascertain you meet the requirements, you will be required to present a business pitch presentation of 10 minutes. You can do this in person or via the telephone.
• A due diligence assessment of the business will be conducted by officials from the agency. Once approved, you will receive the funding. There are different levels of funding, as shown below.

A-Z list of bursaries for private colleges in South Africa in 2024

NB: A sum of R250,000 is given to youth running or planning to run agriculture and technology projects. NYDA funding application forms for 2022 are not available on the porta yet.

Who qualifies for NYDA funding?

If you require the support of NYDA to start a business, you must meet specific criteria. The grant can be given to individuals, members of cooperatives, or community development facilitation projects. The NYDA funding requirements are listed below.

Qualifications for individual business owners and entrepreneurs

• Be aged between 18 and 35 years.
• Be a South African citizen or resident.
• You must not be an un-rehabilitated insolvent.
• Your business must be operating in South Africa.
• You must have completed schooling (not in high school or college).
• You must have the skills needed to run the business or intend to run or at least demonstrate a potential skill that can be nurtured.
• You must have no criminal or corruption record.
• You must be involved in managing the daily activities of the venture.
• You must be of sane mind.
• You must have completed business management and life skills training up to a specific standard set by recommendation from clients.
• You must have a viable business idea and a business plan.
• Your idea should be profit-driven.
• If you are employed, you should resign when your application is approved.
• You must have a bank account.

NSFAS application 2024/2025: Deadline, requirements, qualifications

Qualifications for cooperatives

• All members should be aged between 18 and 35 years.
• All members should be South African citizens or residents.
• The primary applicant or one of the members should be actively engaged in the daily operations of the business.
• The applicant should be of sound mind.
• The venture proposed or started by the cooperative should be viable.
• The cooperative must operate within the country's borders.
• The cooperative should have at least five members.
• If the highest shareholder is employed, they should resign when the application is approved.

NB: Funding for individuals should be a minimum of R1,000 and a maximum of R250,000. On the other hand, funding for cooperatives should be a minimum of R1,000 but not exceed R250,000.

Individuals/ cooperatives not allowed to apply

Individuals or cooperatives who meet one or more of the things below should not apply for funding.

• Ventures with an annual turnover above R750,000 and cooperatives with a yearly turnover above R1,000,000.
• Businesses in the sex and adult industry.
• Applicants who have received over R500,000 from other financial institutions.
• Pyramid schemes.
• Businesses that need capital of less than R1,000 or more than R200,000.
• Businesses that generate their primary income from alcohol or tobacco sales.
• Those with a withstanding small enterprise loan or any other loan from the agency, or those that had their loan written off by the agency.
• Applicants who want finance to replace their current financier.
• Funding to purchase exclusive business or distribution rights/ patent registration/ venture capitals/ private equity funds/ investment trusts.

Telkom says Netflix deal will not be renewed for its smart TV device

How do I contact NYDA? If you need more details about how to access NYDA funding, use the contact details below to speak to officials at the headquarters.

• Switchboard: 087 158 6345/ 5738
• Customer service telephone: 087 158 4742
• E-mail addresses: [email protected]

What does NYDA help with?

It helps with capital to start and run viable business ventures. It also offers non-financial services like market linkages and business development training.

How do I apply for NYDA?

You can apply for financial aid on the NYDA portal. Alternatively, you can visit an NYDA branch to submit your application .

What are the 3 NYDA programmes?

Besides the business funding programme, there are more than three programmes. These include the National Youth Service Programme, voucher programme, mentorship programme, business management training programme, and the market linkages programme.

Who qualifies for NYDA?

The qualification criteria include being a South African citizen or resident between 18 and 35 years and with the skills or qualifications appropriate for a particular enterprise.

Almost R45b worth of pension funds in SA’s retirement industry lie unclaimed

How does NYDA funding work?

The funding works by giving qualified youth money to start businesses. It also provides non-financial business support services to make these ventures successful.

How much can I receive from the NYDA?

The agency provides funding ranging from R1,000 to R200,000. Up to R250,000 may be given for technology and agriculture-related ventures.

How can the grant money be used?

It can be used to buy assets, bridge finance, renovate a shop, or pay working capital to a grantee.

Can I use the grant to purchase a car?

You cannot use the grant to purchase a vehicle. In addition, the money should not be used to pay loans, re-finance existing loans, or settle overdue/ outstanding revenue service liabilities.

How long does it take to process the grant?

The agency will check your credit and process the application within 30 working days. Once approved, the grant is processed at the Head Office within 30 working days.

SASSA payments 2022: All your important questions answered

Can I appeal if my application is rejected?

You cannot appeal if your application is rejected. However, you can re-apply for the grant.

Through the NYDA funding programmes, numerous South African youth have started successful businesses. The agency has, without a doubt, improved the lives of youth and inspired them to pursue their dreams.

DISCLAIMER: This article is intended for general informational purposes only and does not address individual circumstances. It is not a substitute for professional advice or help and should not be relied on to make decisions of any kind. Any action you take upon the information presented in this article is strictly at your own risk and responsibility!

READ ALSO: List of reputable publishers in South Africa in 2022: contacts details, location, websites

Briefly.co.za recently published a list of the reputable publishers in South Africa in 2022. A publisher promotes writers and enables them to bring their creative skills to the forefront. Publishing houses in South Africa play a vital role in the spread and preservation of knowledge and experiences.

FNB Pay and Clear cost 2024: All you need to know about your updated charges

There are many book publishing companies in South Africa, and the country has produced some of the finest authors. Some of the top publishers are Africa Publishing Company, AV Publishing, APC Publishers, and Quickfox Publishing.

Source: Briefly News

Lynn Kandie Lynn Kandie is a reporter with 5 years of experience in writing. Before joining the team in 2018, Lynn wrote for Kenyan media platforms and several other websites. She graduated from the University of Nairobi in 2019 with honours after pursuing a BSc. in Meteorology. She is currently studying for a Master's degree in the same field. Lynn specialises in writing celebrity biographies, listicles and teasers for popular TV shows. Contacts; +254707596322, [email protected]

Cyprine Apindi (Lifestyle writer) Cyprine Apindi is a content creator and educator with over six years of experience. She holds a Diploma in Mass Communication and a Bachelor’s degree in Nutrition and Dietetics from Kenyatta University. Cyprine joined Briefly.co.za in mid-2021, covering multiple topics, including finance, entertainment, sports, and lifestyle. In 2023, she finished the AFP course on Digital Investigation Techniques. She received the 2023 Writer of the Year Award. In 2024, she completed the Google News Initiative course. Email: [email protected]

NYDA funding

Requirements

Information services

How do you qualify for NYDA funding?

The application process for the NYDA grant includes:

• You must apply before the age of 35.
• Submit all required documents.
• Proof that you have attended a business management course.
• A 10-minutes business pitch can be conducted telephonically or in person.
• A due diligence report will be conducted by an NYDA official.

How much can NYDA fund me?

Require finance to substitute an existing financier; An individual or business shall not receive a cumulative grant amount above  R200 000  from NYDA during their lifetime except for cooperatives (for agriculture and technology related projects the maximum cumulative value is R250,000.00).

How do I submit my CV to NYDA ?

Visit any of the NYDA branches to register your CV or contact the call centre at 087 158 4742. -This article was originally published in the GCIS Vuk’uzenzele.

What is the voucher program in NYDA?

A voucher is  used to purchase business support services from approved service providers . Services on offer include, but not limited to: Business Feasibility. Bookkeeping and Financial Administration.

nyda funding

Leave a reply cancel reply.

Your email address will not be published. Required fields are marked *

Save my name, email, and website in this browser for the next time I comment.

Guide to NYDA Funding

Updated on Jul 5, 2024

Table of Contents

The National Youth Development Agency’s (NYDA) funding and support interventions work to improve the lives of South Africa’s massive youth population. Youth currently make up about 34,7% or 20,66 million of the 59,62 million South African population – this number is projected to reach about 62 million by 2023 and grow to 66 million by 2025. The NYDA is tasked with encouraging this fast-growing segment to actively participate in the economy through the creation of jobs, skills development and entrepreneurial opportunities.

The role of the NYDA has come into greater focus as more young people look to start businesses as a way out of unemployment and poverty. Of particular interest is the NYDA’s various funding interventions that help to address high youth unemployment and low levels of youth entrepreneurship .

Youth Unemployment and Entrepreneurship

The youth statistics paint a somewhat dire picture. Youth continues to bear the brunt of unemployment with young people between the ages of 15 and 24 accounting for 66,5% of the country’s unemployment. This is higher than any other segment of the population.

While youth entrepreneurship is touted as the solution to the country’s high youth unemployment rate, business ownership among young people is, however, worryingly low. Additionally, South Africa’s youth entrepreneurship propensity, which measures the likelihood of starting businesses, is the lowest in Africa, according to the 2014-2015 Global Entrepreneurship Monitor (GEM) report.

Some of the barriers to entrepreneurship that have been identified by the report range from limited access to youth business funding opportunities, to a lack of specific business skills. Moreover, young people often have less experience in leadership and management, all of which contribute to the high startup failure.

The NYDA works to remove the barriers that young people face through its various programmes.

We list all the NYDA’s unique interventions designed to increase the sustainability of youth-owned businesses.

What Does The National Youth Development Agency Do?

The NYDA was established primarily to address challenges faced by the nation’s youth and to unlock the full economic participation of youth.

The agency’s full mandate, as outlined by the NYDA Act, is as follows:

• Develop an integrated youth development plan and strategy for South Africa;
• Develop guidelines for the implementation of an integrated national youth development policy and make recommendations to the President;
• Initiate, design, coordinate, evaluate and monitor all programmes to integrate the youth into the economy and society in general.

The agency supports three broad categories of young people that include:

• Unskilled and unemployed. These are largely young people who may have matric or dropped out of school but with no vocational skills;
• Skilled and unemployed; employed but unskilled; and those in skills programmes;
• Skilled and employed and those in self-employment.

These categories of young people are supported by the NYDA through the implementation of the following programmes:

• National Youth Service Programme
• Education and skills
• NYDA Grant Programme
• NYDA Voucher Programme
• Business Management Training

Market Linkages

• Sponsorships and Thusano Fund
• Solomon Kalushi Mahlangu Scholarship Fund

See also: Business Funding Opportunities for Youth in  South Africa  

The Nyda Grant Programme

The NYDA Grant Programme is the agency’s best-known intervention. It has over its existence provided over a thousand youth-owned enterprises in the township and rural economy with support, training, mentorship, funding and education.

Grant Eligibility Requirements

The three categories of people who may apply for NYDA funding and support – individual entrepreneurs, individual business owners and members of cooperatives.

Other requirements include:

• Must be under the age of 35 at the time of application.
• Have the necessary skills and experience or a potential skill appropriate for the enterprise that they conduct or intend to conduct.
• Be involved in the day-to-day operation and management of the business.
• At least one or more of the members must be full-time employees of the business, especially the main applicant.

The following exceptions exist to access NYDA funding: your businesses may not have an annual turnover exceeding R 750 000 (except for cooperatives whose annual turnover must not exceed R 1 million).

Furthermore, an individual or business shall not receive a cumulative grant amount above R 200 000 from NYDA during their lifetime except for cooperatives (for agriculture and technology-related projects the maximum cumulative value is R 250 000).

Priority Sectors

The NYDA supports enterprises across all sectors, from agro-processing to retail. Some of the most common types of businesses supported by the NYDA are street vendors, small-scale recycling, cleaning services , hair salons, car washes, repair services, plumbers and motor mechanics.

What The Nyda Funds

The NYDA grant can be used to cover startup costs, and also any of the following activities:

• Purchase movable and immovable assets;
• Bridging finance;
• Shop renovations;
• Working capital paid directly to the grantee;
• Co-funding with legal entities only.

The NYDA does not fund businesses that require any of the following:

• Funding for prototyping except for cell phone application development;
• Seed capital for research and development;
• Funding for patent registration;
• Funding to purchase exclusive business/distribution rights.

Funding Amounts

Funding for individuals or enterprises ranges from R 2 000 to R 200 000 (for agriculture and technology-related projects the maximum funding value is R 250 000).

Below are the Different Levels of Grants

Threshold 1 Idea generation and Survivalist Grant: R 1 000 – R 10 000

Threshold 2 Start-ups, Pty and cooperatives Grant: R 10 001 – R 50 000

Threshold 3 Growth stage Pty and cooperatives Grant: R50,001 – R100,000

Threshold 4 Expansion stage Pty and cooperatives Grant: R 100 001 – R 200 000

Non-financial Business Support

Young people whose business ideas qualify for the Grant Programme, depending on their individual needs, will also receive some of the NYDA’s non-financial support services that include:

• Market linkages
• Voucher programmes
• Business management training programmes
• Entrepreneurship and youth cooperative development programmes
• Other necessary business support systems

The NYDA’s Volunteer Enterprise Mentorship Programme facilitates the transfer of business skills and knowledge among South African young entrepreneurs with the goal of increasing the sustainability and growth chances of youth businesses.

Young entrepreneurs are matched with mentors who support them to increase the growth of their startup or existing businesses.

How to apply for Mentorship

The mentee application is accessible on the NYDA Portal.

Business Management Training Programmes

The Business Management Training courses are designed to support young entrepreneurs in all stages of the businesses: pre-start, survivalist, start-up, early development and growth and expansion. Through the programmes, young entrepreneurs gain to access relevant entrepreneurship skills and knowledge for their businesses.

These training courses are offered as a 3-6 day training course depending on the specific needs of the young person and the level of the business. They are :

• GYBI – Generate Your Business Idea (enables potential entrepreneurs to develop a concrete business idea)
• SYB – Start Your Business ( enables potential entrepreneurs to develop a bankable business plan and enhance their skills and knowledge)
• IYB – Improve Your Business

Who is eligible for Business Management Training?

• South African citizens, between the ages of 18 and 35;
• A valid South African Identity document;
• The business must be 100% youth owned;
• Young entrepreneurs wanting to access a grant or voucher and do not meet the requirements of the programme;

Voucher Programme

The Voucher Programme is a business support programme that helps young entrepreneurs to access quality business development services through NYDA-approved business consultancy service providers thereby enhancing their participation in the mainstream economy.

Participants receive one-on-one business development support, between the values of R 6 600 and R 19 800, from an NYDA-accredited service provider.

The vouchers can be used to purchase business support services from approved service providers, including, but not limited to:

• Business plan development;
• Business feasibility;
• Bookkeeping and financial administration;
• Business re-engineering;
• Website development and hosting;
• Business operations manuals;
• Marketing strategy and plan.

Who is Eligible for a Voucher?

Applicants must be between the ages of 18 and 35, be a South African citizen or a permanent resident and must be willing to attend entrepreneurship development training if they do not have an entrepreneurial or business management background and or qualification.

All members of the business entity must be between the ages of 18 to 35 and the business must be 100 percent youth-owned and operate within the borders of South Africa.

How to apply for a voucher

• The applicant must obtain an application form from www.nyda.gov.za or from any NYDA full-service office.
• They must then visit the nearest NYDA branch and submit the completed application form, along with certified copies of the IDs of members and business registration documents (if registered).
• An assessment is conducted to assess the application and determine if the business matches the services being applied for.
• If approved, the applicant needs to select an accredited service provider from the service provider directory (not supplier directory).
• On receipt of the voucher, the selected service provider provides the service and the applicant endorses the voucher on completion of the project.
• The service provider then submits the final product to the NYDA for payment.

The programme works together with the NYDA’s other interventions, including the grant, voucher and volunteer enterprise mentorship programmes.

Any young person between the ages of 18 and 35, who has a registered business and is a beneficiary of the NYDA, automatically qualifies for this opportunity. The programme links startups with businesses in their market to increase business opportunities and improve access to the market for youth-owned businesses.

More support resources for youth-owned enterprises:

– The Best Time to Start a Business is Now – 10 PLUS Business Ideas for Youth – 13 Youth Initiatives and Support Networks to Join This Youth Month

Nyda Support For Youth-owned Cooperatives

Similar to youth-owned businesses, cooperatives are looked to as a solution to youth unemployment. In addition to creating jobs cooperatives benefit young people in the following ways :

“They bridge the economic divide, promote an inclusive local economy, and remain viable means of alleviating poverty by creating employment opportunities.

“Resulting in local resilience, spending, democratic accountability, and much needed active participation of community members towards sustainable livelihoods.”

Because of the important role cooperatives play, the NYDA also offers support to youth-owned cooperatives with compliance regulations, in-depth training and market access, as well as funding.

In addition to registration of co-operatives, the NYDA assists aspiring and established co-operatives with the following business support programmes and services:

• Co-operatives pre-incorporation training
• Gap analysis and needs assessment
• Technical and entrepreneurship development training
• Co-operative governance training
• Business development support services such as bookkeeping, marketing, tendering support, website development and more
• Facilitate regulatory compliance
• Facilitate access to markets and other business referrals
• Access to business loans , the NYDA offers a low business loan interest rate which currently stands at 6%
• Mentorship and post-investment support

Requirements for youth-owned cooperatives:

• The main applicant or at least one of the members should be involved in the day-to-day running of the business operations and management.
• The applicant should have the skill to run the business or at least show the potential skill that can be nurtured.
• The applicant must be of sound mind.
• The venture pursued by the cooperative should be viable.
• The cooperative should be operating within the South African borders.
• There should be at least 5 members.
• If the highest shareholder, who is involved in the day-to-day operation and management of the business, is employed when the grant is approved, they should resign. After that, they should provide proof of resignation to an NYDA grant officer.
• The sought-out grant funding must be more than R 1 000 but not exceed R 250 000.

See also: Guide to Cooperatives in South Africa  

How To Apply For Nyda Funding

If you meet the eligibility requirements the application process for the NYDA funding grant includes:

• Proof that you have attended a business management course.
• A 10-minutes business pitch can be conducted telephonically or in person.
• A due diligence report will be conducted by an NYDA official.
• The business is in good standing as the NYDA will conduct credit checks for all grant applications for funding.
• You can contact the NYDA call centre on (+27)800-52-52-52, visit your local branch or download an application form on their website here.

• [email protected]
• www.smesouthafrica.co.za
• Advertise with Us
• Apply For Funding

Copyright ©2024 | SME South Africa | Designed and Developed by Adclickafrica

TERMS & CONDITIONS | PRIVACY POLICY

Find Expert Answers

Add sme south africa to your homescreen.

Everything You Need to Know About NYDA Grants

NYDA grants are funds, support or facilitation offered by the National Youth Development Agency (NYDA) to individuals, businesses or cooperatives who qualify. In this article, you will learn all you need to know about the National Youth Development Agency (NYDA) Grant to put you in a position to get one.

Who is the NYDA Grant is for?

The grant is part of the youth development initiative by the National Youth Development Agency (NYDA) meant to alleviate the challenges that the youth of South Africa face. Youths are aged between 14 and 35 years. But for this grant, any applicant has to be between 18 and 34 years 9 months old (three months before turning 35). This is part of the qualifications that the applicants or groups of applicants must meet before they get the grant.

There are three categories of people who may apply for this grant:

• Individual entrepreneurs
• Individual business owners
• Members of cooperatives

The agency insists that you must have promising business ideas that are at new stages of enterprise development before you apply. You should also be intentional about your business if you want to get a grant from this programme. The official National Youth Development Agency website states the following qualifications as a must for applicants to get NYDA grants:

Qualifications for Individual Entrepreneurs and Business Owners

• You must be between 18 and 35 years of age.
• The applicant must be a South African citizen.
• Your business must be operating within the South African borders.
• The applicant should have the skill for the business you run or intend to run or at least show the potential skill that can be nurtured.
• You must be involved in managing the day to day operations of the business.
• The applicant must be of sound mind.
• You must have no record of fraud or corruption unless you are under rehabilitation from being in conflict with the law.
• The applicant must not be an un-rehabilitated insolvent.
• You must not be attending high school, only tertiary institutions.
• The applicant should have a mentor approved by NYDA. If you don’t, the agency will assign you one of their own.
• You must have completed business management and life skills training up to a standard set by recommendation from clients.
• The applicant should have qualifications relevant to the business or at least have some experience in entrepreneurship.
• You must have a feasible business plan or viable business idea.
• The applicant’s business or business idea must be sustainable.
• Your business must have a profit motive.
• The applicant’s business must be a microenterprise, for instance, selling at stalls or being a vendor. Either run formally or informally.
• You must have a bank account.
• If you are employed when your grant is approved, you are supposed to resign. After which, you must show the evidence of your resignation to a grant officer from the agency.
• The funding you seek from the NYDA grant must be above R1,000 but should not be more than R200,000

Qualifications for Cooperatives

• All members should be youths between 18 and 35 years of age.
• Every cooperative member should be a South African citizen.
• The main applicant or at least one of the members should be involved in the day to day running of the business operations and management.
• The applicant should have the skill to run the business or at least show the potential skill that can be nurtured.
• The venture pursued by the cooperative should be viable.
• The cooperative should be operating within the South African borders.
• Members should be at least five.
• If the highest shareholder, who is involved in the day to day operation and management of the business, is employed when the grant is approved, they should resign. After that, they should provide proof of resignation to an NYDA grant officer.
• The sought out grant funding must be more than R1000 but not exceed R250,000.

Services Offered by the NYDA Grant

The NYDA grant has both financial and non-financial support services on offer to youths who qualify.

Financial NYDA Support

The nyda funding is granted to:.

• Funding request starting from R1,000 but not exceeding R200,000
• Funding requests starting from R1,000 but not exceeding R250,000 for technological and agricultural projects.
• Applicants who previously accessed and fully paid up a National Youth Development Agency (NYDA) MicroLoan of R50,000 and below
• Bridge financing
• Entrants who need co-funding partners for a legal entity
• Applicants who need working capital paid directly to them.
• Entrants who need to renovate their shops
• Applicants who need to purchase movable and immovable assets
• A member who resigned from a business or cooperative funded by the NYDA. The member should have resigned two years before they apply.

The NYDA Funding is not Granted to:

• Businesses with an annual turnover above R750,000
• Cooperatives with an annual turnover above R1,000,000
• Applicants who got financial help above R500,000 from other financial institutions
• Businesses that require funding of less than R1,000 or more than R200,000 (which is above R250,000 for projects in agriculture or technology)
• Cooperative members, Businesses, or business owners that have a withstanding Small enterprise loan from NYDA
• Businesses, business owners or Cooperative members that have any other withstanding loan with NYDA
• Businesses, business owners or cooperative members that had their loan written off by NYDA
• Partially or fully funding a loan by another loaner apart from the National Youth Development Agency.
• Applicants who want finance to replace their existing financier
• Funding venture capitals, private equity funds or investment trusts
• Provide seed capital in research and development
• Funding patent registration
• Funding to purchase exclusive business or distribution rights
• Applicants who want to fund prototypes, with the exception of cell phone applications.
• Businesses that generate their primary income from tobacco sales
• Businesses that generate their primary income from alcohol sales
• Pyramid schemes
• Ideas that are a gamble
• Loan sharking business
• Businesses in the sex and adult industry
• Businesses that operate illegal activities
• Applications by a member of the staff, Board Committee or Accounting Authority at NYDA

What the National Youth Development Agency does not Allow NYDA Grant Funding to be Used for

The funding you receive from the NYDA Grant must not be used for:

• Any purpose that you did not outline in the application for the grant, or is not defined in the due diligence stage or is not detailed in the approved terms and conditions.
• Using funds for material purchases that does not meet the reasons explained above. However, you can request written approval from the NYDA agency. Without this approval, you cannot use the funds for this purpose.
• Settling outstanding South African Revenue Authority Liabilities.
• Purchasing second-hand equipment except industrial equipment with a minimum lifespan of five years
• Purchasing vehicles

How NYDA Grant Funding Amount is Determined

The amount of money you get in grant funding ranges depending on the legal formation of your business. The National Youth Development Agency uses 4 thresholds to categorise these ranges:

Threshold 1

This first category is for individuals with ideas and start-ups or survivalist businesses. These get grants from between R1,000 to R10,000.

Threshold 2

This second category is for start-ups, proprietary limited companies and cooperatives. This threshold gets between R10,001 and R50,000.

Threshold 3

This category is for businesses in the growth stage as well as proprietary limited companies and cooperatives. They get between R50,001 and R100,000

Threshold 4

The last category gets between R100,001 and 200,000 (or R250,000 for agricultural and technological businesses). It is for businesses in the expansion stage as well as proprietary limited companies and cooperatives.

Non-Financial NYDA Grant Support

Depending on your needs as a business owner and manager or the needs of the business, NYDA can also give non-financial support. This support includes:

• Assignment of a mentor by the agency
• Enrolment to National Youth Development Agency’s Business Management Training Programme
• Access to Business consultancy services
• Access to the Youth Co-operative Development Programme
• Linkage to markets

What to Expect Upon Application for NYDA Grant Funding

After you submit your NYDA Grant Application form, the agency will check your credit and process the application within 30 working days. This is done by the Branch Grant Approval and Review Committee (BGARC). BGARC then approves or denies your request. The committee’s decision is final and cannot be appealed.

If your application is approved, the Head Office will disburse the grant funding within 30 working days.

How to Apply for NYDA Grants

To apply, you call the National Youth Development Agency call centre on the number 0800 52 52 52 or visit the NYDA branch near you. The application form is found here .

• All required documents must be submitted using the right channels.
• A 10-minute business presentation pitch is required on-call or in-person.
• Proof that you attended a business management training course is also required.
• NYDA officials will assess your business as part of due diligence.

About the National Youth Development Agency (NYDA)

Nyda history.

National Youth Development Agency was founded in 2008 by an Act of Parliament, Act 54 of 2008. However, it was officially launched only a year later by the former President, His Excellency Jacob Zuma, in a State of the Nation Address.

Legal Framework

The NYDA derives its mandate from the legislative frameworks, including:

• The National Youth Development Agency Act, 2008 (Act 54 of 2008) (NYDA Act)
• The National Youth Policy (NYP) (2009 – 2014) and
• The Integrated Youth Development Strategy (IYDS).

Composition, Organisation and Partnerships

The agency came together through a merger between Umsobomvu Youth Fund (UYF) and National Youth Commission (NYC). As a consequence of this merger, both the formulated plans and personnel within the organisational hierarchy were inherited from the previous government bodies.

NYDA uses partnerships to:

• Improve its funding capabilities
• Source jobs for youths
• Get market linkages

Its partners include Absa, Industrial Development Corporation (IDC), Eskom Enterprises, Sasol, and Transnet.

NYDA Objectives

According to Statistics South Africa (2016), 36.2% of the population is made up of youths. NYDA recognises that the country’s challenges should also be mitigated through youth development. A necessary involvement of the youth in socio-economic progress. And so, it aims to mitigate challenges faced by the whole republic by mitigating challenges faced by the biggest portion of its population.

NYDA Achievements

According to a statement by National Youth Development Agency’s CEO, 33-year-old Waseem Carrim, in the Annual Report for 2019/2020, the agency was able to:

• Achieve 22 out of 23 planned targets for the financial year. This translates to a 96% performance.
• NYDA provided over 1 100 youth-owned enterprises in the township and rural economy with grant funding to start their businesses through the NYDA Grant Program.
• These youth-owned enterprises have gone on to create and sustain more than 5 000 jobs.
• More than 14 000 young people have been placed in jobs through the NYDA Jobs program.
• 15 new service delivery channels were established in mainly rural areas.
• 106 partnerships with civil society for the implementation of National Youth Service programs.
• R115 million in additional donor funding was raised from the public and private sectors.

The National Youth Development Agency (NYDA), through its NYDA Grant programme, provides support, training, mentorship, funding and education to business owners.

The agency was founded to mitigate challenges faced by the youth and to promote youth development. It does this through initiatives like the NYDA Grant. These initiatives mainstream youth participation in the growth of the economy. Therefore, this fund is exclusive to the youth; all the applicants must be between 18 and 35 years old.

To access NYDA Grant, you must have an intentional business or business idea that is viable. In case you don’t have the skills or training to manage and operate the business, you will be trained before being given the grant. If this happens, you must prove that you can learn the skill.

The NYDA Grant funding starts from R1,000 and goes to a maximum of R200,000. But it can go as high as R250,000 for Agriculture and technology-related applications.

READ ALSO :

• Complete Tax Guide for Small Business Owners in South Africa
• Ackermans Account Guide
• Understanding Insurance for Small Businesses in South Africa

Job Githuri

Job is a seasoned writer with a good understanding of the emerging markets, Africa to be specific.

• ABSA Online Banking - How to Open - Features and Benefits
• Credit Cards for Low Credit Scores in South Africa
• Capitec Internet Banking - How to Open? - Features, Benefits and More
• Easiest Credit Cards to Get Approved For in 2023

Related Articles

Cremation Costs in South Africa

Flight Attendant Salary in South Africa

South African National Defence Force (SANDF) Salaries

How to Submit You Smart ID Application Online

• Business Plans
• Business Ideas
• Business News
• Business Tips
• Testimonials
• Terms And Conditions
• REFUND POLICY
• DELIVERY POLICY
• PRIVACY POLICY
• WHATSAPP SUBSCRIPTION

Select Page

NYDA Small Business Funding

Posted by BizBolts | All Articles , Funding

The National Youth Development Agency (NYDA) has been set up to provide small businesses with funding and non-financial support so that they can establish and grow their businesses. The fund mainly focuses on young entrepreneurs who have sustainable business ideas/models, or those that have promising businesses that are already up and running. The financial and non-financial support offered by NYDA includes;

• Leadership training and mentorship
• Consultancy services
• Networking and market linkages
• Business management training and development
• Youth development and training
• Funding of individuals and businesses with a maximum value of two hundred and fifty thousand for various industries including agriculture, technology and manufacturing
• Partial funding, cofounding or funding required to make a deposit for a loan

The Grant Programme

The grant programme is one of NYDA small business funding. There are 3 major grant types which are

• Grants for individuals
• Grants for Co-operatives
• Grants for development Facilitation

The grant is used for the following purposes

• To buy movable and immovable property/assets
• As bridge financing
• For office or shop renovations
• For co-funding
• As working capital

To qualify for the NYDA Grant

• You should be between 18 to 35 years of age, or must apply 3 months before turning thirty five
• Must be a South Africa citizen
• Should possess the skills and experience relevant to your business venture. Or should possess the potential skills appropriate for the business you intend on running or are currently running.

Other Qualifying criteria is as follows;

• Submission of all required documents
• The business owners or members of the company should all be South African Citizens
• The owners should be involved in the day to day running of the business with at least one member working full time in the business venture
• The business should operate within South Africa
• The applicants must complete the life skills training and development program or related program
• The applicants must have a business mentor or coach that is approved by the NYDA if not must be allocated one by the NYDA.
• The business of project should be viable
• Must have a profit motive and the business idea should be commercially viable
• The business must have a bank account
• The applicants must operate formally or informally as a street vendor, or as an emerging enterprise.

The NYDA Small business grants amounts are outlined as follows;

The Sponsorship and Thusano Fund

The sponsorship and thusano fund is also one of the NYDA small business fund. The thusano fund, that translates to helping hand, is for assisting small scale immediate needs. It functions over and above the organisation’s sponsorships.

The qualifying criteria for the fund is listed below;

• People or individuals that need to settle overdue tertiary fees or school fees
• People that need financial assistance to pursue short courses
• Non profit organisations requiring a once off financial support
• Non profit organisations in need of equipment
• Funding for social development or awareness

Only funding requests of up to R50 000 per person or organisation are considered

The Business and Development training program

In addition to funding for small businesses, the NYDA provides training programs for young entrepreneurs. One of the goals for the NYDA is to create an environment where young entrepreneurs can succeed.  An environment where apart from funding, young entrepreneurs can access entrepreneurship skills, knowledge, and the right values for their business.

Some of the services offered by this include among others;

• Pre start up idea generation
• Survivalist
• Early development
• Growth and Expansion

NYDA Voucher program

In addition to small business funding and business development the NYDA provides consulting services to small businesses through the voucher program. This voucher program is another way of small business funding and also a small business support programme that is focused on helping young entrepreneurs. Entrepreneurs are provided with business development support through the NYDA business consultancy service providers. This way they can be assisted in participating and competing in South Africa’s business environment. The consultancy services are accessed by young entrepreneurs through these vouchers. The vouchers range from R6 600 to R19 800 and there is no contribution fee required for  participation. Each registered business is entitled to a maximum of two hours worth of vouchers per business development.

Some of the business services that can be accessed through this voucher are listed below’

• Business support services from an approved services provider
• Busines or project feasibility study
• Bookkeeping services and financial Administration
• Business Re-engineering
• Assistance with website Development and hosting
• Marketing plans and strategy
• Overall business plan development

How to Apply for Business Voucher;

• Complete an application form and submit
• Submit your company registration document if registered
• After submission the application is assessed
• If approved you can select an NYDA accredited service provider
• If declined you can be referred to another support service provider

Eligibility for the Voucher

• An applicant must be between the age of 18 to 35
• The applicant must be a South African Citizen or permanent resident
• If the applicant does not have any entrepreneurial background s/he should attend the entrepreneurship development program
• All the members of the business must be 18 to 35 years old
• The entity must be owned by young people
• The business should operate within the borders of South Africa

There are a lot of small business funds in the country that have helped young people with their businesses. Most of these funds target previously disadvantaged people in South Africa such as black people and women. The NYDA small business fund has also assisted a lot of entrepreneurs with funding and non financial support in order to grow their businesses. Also, this fund has helped to create employment for many. Currently twenty four thousand youths have been assisted by the NYDA and about twenty thousand jobs have been created.

About The Author

BizBolts (Pty) Ltd is a business research company based in Johannesburg, South Africa. We sell prewritten business plans for various industries including livestock production, crop farming and retail businesses. BizBolts also publishes articles on business ideas, business news, business tips, personal finance, and entrepreneur profiles.

Related Posts

Starting A Vegetable Farming Business In South Africa

February 24, 2021

Starting a Hardware Store Business in South Africa – Business Plan (PDF, Word & Excel)

December 25, 2022

Starting Beef Cattle Fattening Farming Business in South Africa – Business Plan (PDF, Word & Excel)

December 14, 2022

Starting A Bakery Business in South Africa – Business Plan (PDF, Word & Excel)

December 9, 2022

Follow Us On Facebook

Subscribe To Our Newsletter

Join our mailing list to receive the latest news and updates from our team.

You have Successfully Subscribed!

NYDA Business Funding for SMEs in SA

Connect my business finance.

If you’re a young entrepreneur in need of funding, then the National Youth Development Agency (NYDA) could offer the ideal opportunity. 

NYDA business funding helps thousands of small businesses across South Africa. If you match the relevant criteria, you can access business grants, as well as valuable business skills training and development support. This guide will break down what you need to know about NYDA business funding for South African SMEs.

What is the NYDA Programme?

The NYDA grant programme offers business funding to young entrepreneurs who are at an early stage of business development and show potential. The NYDA programme offers business support in two main areas – financial and non-financial. In both areas, entrepreneurs need to make a two-year commitment to the programme. 

NYDA Non-Financial Support

The NYDA offers a wide range of non-financial support services to help entrepreneurs develop important skills. This includes business support services like:

• Mentorship programmes
• Market linkages
• Business consultancy services
• Youth cooperative development programmes
• Business management training

NYDA Financial Support

The NYDA grant programme assists 500 South African youth-owned businesses with financing. Grants start at R1000 and go up to R100,000. Businesses can use these grants for financing business assets, working capital, or purchasing stock. 

NYDA grants cover three different levels. These are:

• Formal and informal business grants: These grants are issued to young entrepreneurs who are in the early development or startup stage of their businesses.
• Co-operatives: Grants are provided to individuals who come together and form co-operatives with a minimum of five people. These co-operatives need to meet specific economic and social needs. 
• Community development: The grants programme is focused on facilitating a community development process with NYDA grants.

Who Can Qualify For NYDA Business Funding?

NYDA business funding is focused on youth entrepreneurs who show potential in their industry. Applicable entrepreneurs must be involved in the active operation and management of the business. Their business must also be active for at least one year. All applicants need to display the relevant skills and knowledge for their business and industry. 

You can apply for NYDA business funding if you can show the potential of your business, but are still in need of funding for developing and growing the business. 

Survivalist businesses can access grants of R1000 to R10,000, Startups can receive R10,000 to R50,000, and growing businesses can receive grants of R50,000 to R100,000. Applicants will need to be under the age of 35, and be able to produce all relevant documents to the NYDA.

Young entrepreneurs looking for business funding should certainly consider NYDA grants, as these can be incredibly useful for launching and growing your business. It’s also a good idea to look towards other private youth business funding solutions. For example, various large organizations (like MTN ) offer their own business development and funding opportunities.  This could help all kinds of businesses access the capital they need to grow and develop sustainably.

Read Also: SA Government Funding Initiatives for SMEs   

• Write for Us
• Paid Content Solutions

• Company Posts
• ExpertHub Today

Global Capability Centres Boom As They Move Up The Value Chain

Global Tech Companies Are Turning To South Africa For Media And Marketing Expertise

Innovation Summit 2021 Showcases SA’s Top Tech Entrepreneurs

Three customer experience strategies you’re missing, embracing a digital-first world, smbs can have the confidence to thrive, applications for sab foundation are now open, trending tags.

• Paid Content Services

National Youth Development Agency (NYDA) Funding

The national youth development agency is offering youth businesses the opportunity to apply for and receive grant funding. this funding will help to grow youth business and increase job creation within south africa..

Related Topics

How to become a business that funders will back, crowdfunding secrets: 5 tips of success from the most victorious campaigns, a comprehensive list of angel investors that fund south african start-ups.

Through the National Youth Development Agency (NYDA) Grant Programme, young entrepreneurs have the opportunity to start and grow sustainable businesses.

In 2013, the NYDA changed its youth enterprise funding model from a fixed interest loan structure to a micro-finances grant provision system. This means that you will not have to pay back the funding the agency provides you with.

Content in this guide

• How Does the Fund Work?
• Who Qualifies For NYDA Funding?
• NYDA Funding Exclusions
• What Is The Grant Approval Process And How Long Is The Lead Time?
• What Documentation Do I Need To Apply For NYDA Funding?
• Contact Details for NYDA Funding

NYDA partnered with Industrial Development Corporation (IDC) and the Small Enterprise Finance Agency to assist youth-owned businesses with funding and support over a period of five years.

This R25 million grant programme offers both financial and non-financial support to qualifying young entrepreneurs between the ages of 18 and 35.

Only around 500 small to medium enterprises can expect to benefit from the financial portion of the NYDA Grant Programme per year.

These businesses will consist of individual ventures and cooperatives. Additionally, many more can benefit from non-financial business support services including branding, marketing and website development.

Here you’ll find information on how to get funding from NYDA. However, do you have what it takes to run your own small to medium size enterprise?

If you’re an individual or a group of young people who want to start or grow an existing business, then NYDA Grant Programme is the right funding for you.

ExpertHub Staff

ExpertHub’s team of Staff Writers deliver unique, insightful and curated content from successful business leaders, authors and subject matter experts. This highly-experienced team understands the information that business readers are looking for, what’s unique and impactful, and how to distil key ideas into actionable insights.

Boost Your Income: Five Proven Strategies for Mid-Career Professionals

You’re 40 something, mid-career, and you feel stuck. You need to make more money, but you don’t know how.

How to Make Money by Writing on Fiverr

Are you ready to unlock your writing potential and turn your creativity into cash? Learn how to make money by...

Step-by-Step Guide: How to Start Your Own Hair Salon Business

Are you ready to turn your passion for hair into a thriving business? Follow our step-by-step guide to start your...

Unlock Your Freedom by Joining Laptop Lifestyle

Are you ready to unlock your freedom and join the laptop lifestyle? It's time to find work that ignites your...

• Terms & Conditions
• Data Privacy Policy
• Privacy Policy

Copyright © 2022 ExpertHub.info Revenue Growth Experts

Welcome Back!

Login to your account below

Remember Me

Retrieve your password

Please enter your username or email address to reset your password.

How To Build a Yoga Studio Business Plan in 7 Steps

Ready to elevate your yoga studio? Learn how to craft a winning yoga studio business plan in seven actionable steps to help your business thrive.

No credit card required.

When it comes to opening a yoga studio, dreaming big is only the first step. You need to make a plan. 

Just think about the journey you’re going on. With a map, you save time and headaches – and reach the finish line faster. The right blueprint sets you up for success and transforms your vision into a thriving reality. 

Here’s everything you need to know to create a yoga studio business plan and seven steps to get your clients rolling out their mats.

What Is a Yoga Business Plan?

A business plan for a yoga studio is a document outlining how your dream studio will come to life. It includes everything from your vision and ideas to your business goals and how you'll achieve them, including marketing strategies , service offerings, and staffing plans.

Here’s an example. If your goal is to offer specialized yoga classes for beginners, your business plan would include (but isn’t limited to):

• Your target audience and marketing strategies that speak to that demographic
• What classes you plan to offer now and later
• The hiring process for teachers and administrators
• Financial details and projections
• Potential roadblocks and solutions

A formal business plan is essential because it helps you anticipate challenges and make informed decisions, both at the starting line and throughout your journey. Plus, having a sharable document makes it easier to communicate your vision to potential business partners, investors, or employees.

[CTA_MODULE]

Opening a Yoga Studio: Business Plan Steps 

Here are seven steps to write a yoga studio business plan that takes your dream from concept to reality: 

1. Craft a Compelling Executive Summary

An executive summary is a statement that provides an overview of your business, target market, and plan. It’s usually just a paragraph or two, so you have to infuse as much impact as possible into those words. 

Include your studio's name, location, and unique selling proposition (USP) , which is what makes your company different from all the others. This might be an eco-friendly environment or a unique style of yoga – whatever sets you apart. 

Then, add your mission. Explain why you're creating your studio, its intended impact on its clients, and where you see your business going (aka your vision). For example, you may want to make yoga accessible to all body types and skill levels, with the aim of scaling to multiple locations within five years.

2. Familiarize Yourself With the Yoga Market 

To say the yoga market is huge would be an understatement. It was worth about $15.8 billion in 2023, and that number’s only growing. But don’t let the size of the industry overwhelm you – market research, which is the process of finding information about your target market and audience, is easier than you think. 

Identify your target market, which could be anyone from beginners to busy professionals or even a combination of the two. Knowing who you’re marketing to lets you tailor your approach accordingly later.

Gather insights about prospective customers' needs through casual conversations, online surveys, and interviews. Create a post on your studio's Instagram or TikTok page asking for feedback to reach people directly, or host an online survey (SurveyMonkey and Google Forms are both great options) to collect as many opinions as possible. 

Another great place to figure out what works is to visit similar studios in your area for a competitive analysis. What do they do well? What sets them apart? And where is there room for improvement? Identify gaps your studio could fill, such as a need for more vinyasa or power yoga classes. This helps you carve out a niche in a crowded market. 

3. Create a Marketing Strategy

A marketing strategy focuses on big-picture goals and the message you want to convey about your yoga studio. It typically contains your brand's USP, target customers, overall messaging (the studio's vibe and values), and what you want to achieve. For a brand-new business, your main goal will most likely be to draw new clients.

But first, define your brand's voice and aesthetic – calm and serene, colorful and energetic, and inspiring and empowering are a few popular options. Use these adjectives to help you choose colors, fonts, logo, and messaging that match your voice, including on your website and social media accounts. This tells potential clients who you are at a glance. 

Then, map out your marketing plan. The steps you’ll take vary depending on who your audience is and how best to reach them, but starting with social media platforms like Instagram and TikTok is a great option. Share yoga tips, class schedules, and other engaging posts and short videos. Email and text message marketing is also an excellent way to update current and prospective members with special offers and new classes.

Offline, partner with local businesses to cross-promote services or host community events. These tactics raise awareness of your studio. For example, offer a free Ashtanga class in a local park or collaborate with a nearby coffee shop to offer discounts to people who visit both businesses. 

All of these steps sound like a lot – we get it. That’s why GlossGenius’ yoga studio software includes powerful Marketing features to streamline these efforts and make things easier for you. You’ll have more time and energy to do what you do best: inspire clients.

Sign up for a 14-day free trial with GlossGenius!

4. Define the Operational Aspects

Business plans for yoga studios also cover how you'll run the business day-to-day. While your schedule and admin methods change as you evolve and improve, having a general plan gives you something to follow and tells potential stakeholders what to expect.

Outline your class schedule, including which types of yoga and how many classes you'll offer daily and weekly. Consider which class timing your target market prefers, like early morning, afternoon, or evening, and whether to add one-on-one sessions as an option. 

At this stage, think about how you’ll manage client relationships as well. Emails and Google Docs can be hard to manage with lots of clients. GlossGenius' Schedule and Calendar , Online Booking , and Client Management tools can automate many of these tasks so you barely have to lift a finger. 

5. Develop Realistic Financial Projections

Estimate your yoga studio's revenue and expenses to draft a financial plan. This will show you whether your business is feasible with the capital you have and the income you plan on receiving.

Start by forecasting your revenue. Set your prices and estimate how many guests you think will attend your classes, including other revenue streams like special events, drop-ins, and memberships. This gives you a clear picture of your potential earnings for the month, quarter, and year. If you plan to offer 20 drop-in classes per week at a rate of $15 per class, your weekly revenue from drop-ins would be $3,000.

Also figure out what your expenses are. These should include:

• Equipment like yoga mats and mat cleaners
• Yoga instructor salaries

Be thorough and include even minor expenses. Necessities like utilities and toilet paper can really add up, even if they seem like blips in your financial plan. 

Then, conduct a break-even analysis. This tells you how much revenue you need to cover your expenses and earn a profit. For example, if your monthly expenses are $4,000 and you make $10 profit per student after expenses, you'll need 400 students each month to break even (400 x 10 = $4,000). With this information, you can plan a class schedule that lets you reach your goals. Consider a few different scenarios so you can have different paths to break even (ie. higher class prices, more students).

When it comes to the math and accounting side of running a business, things get complicated fast. Keep track of it all with GlossGenius. Check out GlossGenius' Financial Tools for managing your studio's cash flow effectively, including a Business Loans Workbook to get you the capital you need to thrive.

6. Choose the Perfect Location

Location isn’t everything, but it can have a huge effect on your business strategies and success. A studio on a busy, accessible street corner has different marketing and revenue needs than one in the quiet suburbs. The latter needs to put in a little more elbow grease to reach and entice potential customers. 

If you’re still figuring out where to set up shop, consider where your target audience lives, works, and socializes. Pick a spot that's convenient and accessible for these people. For example, if you're trying to attract office workers who might attend yoga classes during their lunch breaks, situate your studio within walking distance of office buildings. A location in a quieter residential area might be ideal if you want to reach families or retirees. 

The physical space is also important. Is it big enough to host your classes? Do you want to have multiple rooms? Are there any zoning laws or regulations that might affect your business, like a lack of parking for clients? Finding a location that suits your needs sets the tone for your brand and helps attract customers. 

7. Plan for Future Growth

Think about where you want your yoga studio to be in the next one, five, or even 10 years. Setting goals now gives you a clearer path to success later.

In the short term, you might want to add specialized classes or workshops like prenatal yoga or meditation. In the long term, maybe you dream about opening a second location or moving to a more expensive area.

Knowing what you want helps you set clear, measurable goals for these milestones. For example, suppose you want to offer meditation workshops starting in the next 12 months. In that case, your goals might include interviewing workshop leaders six months before you launch the program and starting advertising and opening sign-ups three months out. You’ll also want to think about any expenses associated. Focusing on the now is essential for getting your studio up and running, but remember to plan for tomorrow. 

Boost Your Yoga Studio Business Model With GlossGenius 

A well-crafted business plan lays the foundation for your yoga studio's success. It keeps you focused, organized, and ready to tackle whatever comes your way – and do so gracefully.  

If you want to take planning and managing your yoga studio to the next level, try GlossGenius' yoga software . We have everything you need to manage a business and put yourself on the path to success. 

Create a stunning online presence with our Custom Website Builder and process payments quickly and securely with our Point of Sale (POS) systems . We also offer Genius Loans , which provide access to fast, flexible financing so you can manage your cash flow and invest in your success. 

Let GlossGenius be your partner in building a thriving yoga studio. Sign up for a 14-day free trial today. 

Try GlossGenius free for 14 days!

Join Our Genius Newsletter

Get the latest articles, inspiring how-to’s, and educational workbooks delivered to your inbox.

Download Now

Related posts.

9 Yoga Marketing Ideas To Grow Your Business

How Much Do Yoga Instructors Make?

5 Yoga Studio Design and Set Up Ideas

Best Yoga Studio Software for Instructors

© 2024 GlossGenius. All Rights Reserved.