Sector fund
Construction Fund
The Construction Fund is a joint initiative that improves access to finance for small and medium construction enterprises, helping them grow, deliver projects and jobs.
Overview
A joint SEDFA-CIDB initiative
The Construction Fund is a R300 million initiative jointly funded by SEDFA and the Construction Industry Development Board (CIDB), with both institutions contributing equally toward the establishment and implementation of the Fund. SEDFA provides financial products and services to support SME growth. The CIDB ensures regulatory compliance and supports sector development.
To roll out the Fund, SEDFA and CIDB will jointly issue a Request for Information (RFI) inviting proposals from qualified non-banking financial institutions (intermediaries).
Application status
The 2026 application window has closed
Applications opened on 13 May 2026 and closed on 24 June 2026. The programme information remains available for reference.
- Launch: 12 May 2026
- Applications open: 13 May 2026
- Applications close: 24 June 2026
Sectors
Sectors supported
- Roads and civil construction
- Built environment (residential, industrial, and commercial)
- Production and supply of construction materials
- Electrical installations, energy infrastructure, and related services
Eligibility
Eligibility criteria (intermediaries)
- The applicant must be a juristic person legally constituted with a fixed physical address, as defined in the Companies Act
- Preference will be given to entities with ≥51% black ownership
- Financed operations must be conducted within the borders of South Africa
- The applicant must be a non-banking financial institution (intermediary) able to provide credit lending instruments to MSMEs
- The applicant must be registered as a credit provider by the NCR
- Proof of 20% match funding for the value applied for, or an existing lending book
Application status
Applications for 2026 are closed
The 2026 Construction Fund application window is closed.