The South African Government recognises that a healthy and growing SMME sector is critical to boost economic growth and job creation and has developed a variety of funding products that SMMEs can apply for. These include full grants, cost-sharing grants, tax incentives, growth incentives, loans and equity finance options. Since these funds need to align...
There is an erroneous view held by many that there isn’t sufficient finance available for entrepreneurs in South Africa. I have stated the following before, and I will state it again: there is more money chasing good businesses, than there are good businesses chasing money. I’ve witnessed many entrepreneurs make fatal mistakes when pitching to...
The 2018 FORBES AFRICA Under 30 is an authentic and most definitive list of Africa’s most promising young change-makers. This year is the fourth edition of the list and for the first time, inspired by the growing number of young men and women entrepreneurs, Forbes has expanded the list to bring you 30 game-changers,...
South Africa has not been able to manufacture enough electronics products but has relied on imported tablets, cell phones and all kinds of electronic equipment, Trade and Industry Minister Dr Rob Davies said on Tuesday. “What we are witnessing today [Tuesday], is a company that is getting into this space which is very important as...
Tech portal and advisory service AppsAfrica.com has opened entries for the 2018 AppsAfrica Innovation Awards set to be held on 12 November in Cape Town. Applications close 7 September, with finalists set to be announced on 8 October. The annual awards now in their fourth year, are open to startups and corporates which have launched...
Standard Bank has launched a new campaign to help South Africa’s budding entrepreneurs turn their side hustles into their main hustles by providing them with funding equivalent to as much as one year’s salary in order to encourage them to take the plunge and start their own business without the fear of losing their...
After breaking award records on the 2017 edition, Seedstars World, the largest startup competition for emerging markets, is back in Africa to scout for the top high growth startups and entrepreneurs and accelerate them on their path to global scaling. Local winners will be invited to represent their country at the Regional Summit in...
Our labour laws are constantly evolving as the South African government seeks to balance stronger protections for employees with the need to create a business-friendly investment climate. We can expect to see a number of amendments to the country’s core labour law acts – the Basic Conditions of Employment Act and the Unemployment Insurance...
With the world in the centre of the digital/innovative age more and more start-ups have embraced paperless ideals and strategies. This means when entrepreneurs are in the planning stages of their business they would tend to use the latest and most innovative methods to complete a business plan/model canvas. There are apps, programmes and...
If you’re awesome, you’ll succeed. If you succeed, then you’ll grow. As you grow, the scale will change everything and, then, you won’t be awesome anymore – unless, that is, you change a lot of what made you awesome in the first place! This, then, is the Scale Up Paradox. Because what got you here,...
