The KZN Growth Fund provides finance through innovatively structured debt and equity instruments to medium to large private sector enterprises. The core of the mandate is to unlock economic growth opportunities in KwaZulu-Natal, promote Broad-Based Black Economic Empowerment (B-BBEE) and create employment opportunities. The Fund's principal objective is to steer sustainable economic development by financing commercially viable projects with a high developmental impact within the KZN province. The strategic objective is to stimulate economic activity, increase investments into the province and broaden the participation of historically disadvantaged individuals in the economy.