Programme: SME Fund
 

Organisation: Private sector partnership with Telkom and Business Unity South Africa (BUSA)
 

Type of Support

• Funding
• Mentorship
• Exposure  

 

Programme Description
 
The broad mandate of the fund is to invest in businesses that are scalable and able to contribute to significant economic growth. Our aim is to create a substantial fund that coinvests with fund and investment managers we accredit. We will seek to grow the private sectors initial R1.5bn investment, with the aim that over time, the public sector will contribute matching funds. The Fund will provide high-potential entrepreneurs and enterprises with access to a strictly-governed ecosystem, comprising proprietary networks of accredited funders and best-of-breed mentors and professional services firms
 

Target Market

• Small businesses that could:

• Generate profit quickly
• Those with serious growth potential and;
• Could stimulate job creation

• Agriculture and manufacturing have been identified as priority areas.                                                                                                                                                                                

 Application Process

Application process information is yet to be confirmed.
 

Contact Details

Website: http://sasmefund.co.za/