The National Treasury introduced Section 12J (S12J) investments in 2009. Through S12J of the Income Tax Act 1962, a tax incentive was created which would enable investors who invest in qualifying SMEs to write off 100% of their investments in a particular tax year. The intention of the S12J incentive was always to overcome...
The Tony Elumelu Foundation (TEF) and the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH are proud to partner with the European Union (EU), the Organisation of African, Caribbean, and Pacific States (OACPS) and the German Development Cooperation to unlock the dynamic potential of African women entrepreneurs. We are looking for African women entrepreneurs with business...
Business owners located in the SADC region in Africa with a business idea or existing operational business that is focused on solving social problems in the region and is seeking capital are encouraged to apply to the Enygma Venture Fund. The fund will provide either seed funding or mentoring scholarships to those selected. They believe...
The Green Tourism Incentive Programme (GTIP) is an initiative of the National Department of Tourism with a key objective of encouraging privately-owned tourism enterprises to move towards cleaner and renewable energy sources and the efficient utilization of water. Managed by the IDC, financial assistance under the GTIP is provided in the form of a grant of up...
The Black Business Supplier Development Programme (BBSDP) is a cost-sharing grant offered by the Department of Small Business Development to black-owned small enterprises to assist them to improve their competitiveness and sustainability to become part of the mainstream economy and create employment. Read More for eligibility criteria.
Kingson Capital, a South African Venture Capital Company committed to providing venture capital for High-Growth Tech and Black-Owned SME’s is passionate about clearing the financial hurdles for SME’s in order to sustain their startup momentum. Backed by corporates and international investors, who have shown particular interest in investing in the South African tech and...
A term loan is a loan that is granted to you by a lender for a fixed period of time. It is one of the easiest ways to raise finance for your business, provided you can show that you are able to afford to make the loan repayments. This is how it works: You borrow...
There are a number of Government and private lenders that provide finance to buy a franchise. Lenders consider this to be a relatively safe lending opportunity, depending on the franchise. The reputation of the franchisor is vital, so it is important to make sure that you are negotiating with a reputable franchisor that is...
