How can you prepare your company to be investment and due-diligence ready from the very beginning? To get the answer, join the launch of the Setup a Startup Investment Readiness Programme. A digital platform that connects entrepreneurs, mentors, and investors...
Hlayisani Growth Fund (HGF) has announced its first close at R350m to invest into high-growth, high-impact businesses...
The Tony Elumelu Foundation (TEF) is calling for applications for its 2021 TEF Entrepreneurship Programme. With the deadline fast approaching on 31 March 2021...
The National Empowerment Fund (NEF) in partnership with the Department of Trade, Industry and Competition (the dtic) has established an Economic Distress Fund to provide concessionary business loans to Black-owned and managed enterprises...
Small and medium enterprises (SME) owners across the country gave a unified sigh of relief, as certain lockdown restrictions were eased in South Africa earlier this month...
The AlphaCode Incubate programme provides funding, guidance from performance coaches and a panel of advisory experts, access to AlphaCode's co-working space, and opportunities to apply for further early-stage investment...
Almost 80% of SMEs (Small and Medium Enterprises) in South Africa fail within the first three years. This statistic presents a staggering blow to the South African economy, which is invested in the crucial role of SMEs in stimulating economic growth and providing relief from a shockingly high unemployment rate...
Wits Plus 27 Jan 2021
Despite prolonged global market uncertainty, Endeavor South Africa has reported significant growth in their portfolio of disruptive tech businesses...
By the time you read this, South Africa would have been in a state of lockdown for more than 300 days, and there is no end in sight; here or globally...
Stefano Migliore 22 Jan 2021
The Department of Small Business Development (DSBD) has warned SMMEs and co-operatives against sending proposals and paying administration fees for the preapproval of funds to agencies...
The Jua Kickstarter Fund has doubled to $2m (R30m). The fund was launched by African industrialist Adam Molai in November 2020 with $1m available for African entrepreneurs...
Section 12J funds are playing a crucial role in the re-booting of South Africa's economy by creating employment opportunities and saving businesses, while at the same time facilitating significant tax benefits to investors...
Small businesses face many challenges: Access to working capital is one of them. There is the perception out there that borrowing money is a last resort, but lending can actually be a very strategic move...
Last year proved that SMEs are the backbone of the South African economy. Yet, existing debt, lack of cash reserves, outdated financials, and an inability to operate during the national lockdown, forced almost half of South African small businesses to shut down...
Kuhle Mnisi 11 Jan 2021
