Shoprite is passionate about small businesses and believes that supporting our country’s entrepreneurs is important now more than ever before. The Shoprite Hustle Competition is aimed at giving South Africa’s entrepreneurs a much-needed boost: after a careful selection process, 20 small business owners will walk away with an extra R50 000 cash, as well as...
A film and television relief fund worth R8.3-million has been established by Netflix in partnership with the South African Screen Federation (SASFED) and supported by the Independent Producers Organisation (IPO), aiming to provide short-term financial relief to ‘below-the-line workers whose livelihoods have been negatively impacted by the Covid-19 pandemic. Many of those impacted are paid hourly wages and work on...
Enygma Ventures’ subfund Shift, has opened for the second round of funding for entrepreneurs and innovators in Africa who either have existing businesses or new business ideas. The new fund was founded in a response to the impact of the current Covid-19 pandemic and focuses on entrepreneurs and innovators in Southern Africa who are passionate...
Wits University’s Tshimologong Digital Innovation Precinct with financial support from J.P. Morgan, have launched Ya Basadi, a 4IR programme targeted at primarily female-owned businesses, which are already trading and have a clear understanding of how tech can scale their businesses. The programme is also aimed at underserved female entrepreneurs from low-income backgrounds. Tshimologong will facilitate the programme and...
The Black Business Council (BBC) and Ubank Limited have signed a partnership agreement to establish a R1 billion fund for Township and Rural Economy Revitalisation. The fund will be made available to BBC members and other SMME’s to the value of R250 million per annum over the period of five (5) years, targeted at...
702 and Ninety One, previously Investec Asset Management, understand that the Covid-19 pandemic and recent lockdown has meant that the small businesses that rely on cash flow to stay afloat desperately need a lifeline. They also realise the need to show support for entrepreneurs, who are under massive pressure due to the lockdown but...
In times of crisis, the faster you move can cement your survival.To help business owners to respond at speed to the coronavirus and its effects, Edge Growth has developed a Covid-19 Survival Toolkit for the small business and entrepreneur, providing you with the keys you need to unlock swift responses and planning and position your business...
The COVID-19 pandemic has not only made it a difficult period for 22 ON SLOANE as a hub but also for business owners. They would like to explore how best to get through this challenging period with you and ensure that we come out on the other side more resilient. Please take 5min to complete...
The second facility that the Department of Small Business Development has introduced is the Business Growth and Resilience Facility. This facility is targeted at SMMEs who locally manufacture or supply hygiene and medical products that are in demand in order to curb and manage the spread of the COVID-19 virus. These include sanitizers, detergents and...
The Department of Small Business Development has announced an SMME Relief Finance Scheme, aimed at providing soft-loan funding and assistance to small businesses that can prove loss of income due to the coronavirus pandemic. The relief will be for 6 months, starting 01 April 2020. SMMEs needing assistance for longer than 6 months will be assisted...
