Eskom Development Foundation Business Investment Competition
Eskom Development Foundation Business Investment Competition is a grant from Eskom Development Foundation for businesses at any stage across South Africa.
Overview
If your business is black-owned, registered, and has been operating for at least two years in one of the four sectors, you can enter this annual Eskom competition for cash prizes rather than a loan. Entry is via an online application on the Eskom BIC page; entry windows vary by year (historically opening around May). Check the official Eskom competition page for the current round before relying on dates.
Programme details last verified on 12 June 2026.
Full Description
Annual cash-prize competition run by the Eskom Development Foundation since 2008 for registered black-owned SMEs trading for at least 24 months in manufacturing, agriculture and agri-processing, construction and engineering, or trade and services. In recent rounds the total prize pool was about R1.3 million (overall winner R300,000; category winners R131,250), plus a Business Connect workshop for entrants.
Eligibility Criteria
Frequently Asked Questions
Who qualifies for Eskom Development Foundation Business Investment Competition?
Eskom Development Foundation Business Investment Competition targets businesses at any stage across South Africa. Applicants need at least 2 years of trading history.
How do I apply for Eskom Development Foundation Business Investment Competition?
Check your eligibility with the free readiness check on Okhantu, prepare the required documents, then apply on the provider's website.
Prepare Your Application
Increase your chances of success with these preparation resources.
Provider Guide
Learn about Eskom Development Foundation's application process
Document Checklist
Requirements and deadlines
Download Templates
Business plan, cash flow, projections
Legal Framework
Relevant legislation and compliance
Compliance Check
Verify your CIPC, SARS, B-BBEE status
Get Expert Help
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