R300m fund aims to support 50 tech startups

R300m seed fund investment a major boost for startups

R300m boost for tech startups in SA

R300m seed fund launched by SA SME Fund, TIA, E Squared to support startups

R300-million seed fund launched for tech start-ups in South Africa 

50 tech start-ups to get share of R300m seed funding

SAfm Market Update

SA SME Fund launches R300m seed fund for tech start-ups

ENCA News interview with Ketso Gordham, CEO of the SA SME Fund

Stephen Grootes talks to Claudia Manning, SA SME Fund’s Investment Principal, about the R300m Seed Fund of Funds, backing over 50 tech startups

SA SME Fund Secures $31M in First Close of its New Fund, Ushering in New Era for South African Startups

R600m first close for SA SME Fund’s venture capital fund of funds

SA SME Fund raises R600m for VC Fund of Funds

SA SME Fund gets R600m for its venture capital fund-of-funds

SA SME Fund secures R600m for its R1 billion Venture Capital Fund-of-Funds

GAUTENG LAUNCHES R300M DEBT FUND FOR TOWNSHIP BUSINESSES

Small businesses in Gauteng townships and other underdeveloped areas have received a boost as the province has now introduces a R300m debt fund to help grow their enterprises....

R300m debt fund to boost township entrepreneurs

Small businesses in Gauteng townships and other underdeveloped areas have received a boost as the province has now introduces a R300m debt fund to help grow their enterprises....

R300m SMME Crisis Partnership Fund to assist township businesses

To support small, medium-sized and microenterprises (SMMEs) in Gauteng’s townships, the Gauteng provincial government (GPG), the Industrial Development Corporation (IDC) and the South African SME (SA SME) Fund have launched the SMME Crisis Partnership Fund – a R300-million debt fund. ...

R300M SMME CRISIS FUND LAUNCHED

CNBC AFRICA – CLOSING BELL – 5 OCT 2022 @ 17H00 – SA SME FUND

SAFM – MARKET UPDATE WITH MONEYWEB – 5 OCT 2022 @ 18H45 – SA SME FUND

702 – THE MONEY SHOW WITH BRUCE WHITFIELD – 5 OCT 2022 @ 18H15 – SA SME FUND

POWER 98.7 – POWER BUSINESS – 5 OCT 2022 @ 19H15 – SA SME FUND

Endeavor and SA SME Fund LSU programme aims to boost entrepreuners

THE ENDEAVOR and SA SME Fund Local Scale Up (LSU) programme was launched yesterday with a focus on expediting the local and international growth of successful entrepreneurs who run high-impact businesses....

Endeavor, SA SME Fund intro entrepreneur scale-up programme

High-impact entrepreneurs have the ability to quickly absorb capital and create jobs, says Adrian Gore, CEO of Discovery, who spoke at the launch of the Endeavor and SA SME Fund Local Scale-Up (LSU) programme last week....

New scale up programme offers local entrepreneurs international exposure

The SA SME Fund and Endeavor SA have launched the Local Scale Up (LSU) programme to boost 'high-impact' entrepreneurs. The SA SME Fund is partnering with entrepreneur incubator Endeavor SA to boost the growth of successful entrepreneurs both locally and internationally....

Now is the time to bet on SA, it has a lot of potential – Adrian Gore

Growth of local entrepreneurs to drive job creation, says Adrian Gore

The South African economy and jobs market stand to benefit if South Africa can accelerate the growth and extend the reach of high-impact local entrepreneurs to the global stage, says financial services company Discovery CEO and private sector initiative SA SME Fund chairperson Adrian Gore....

Adrian Gore on the the only real sustainable job creator for South Africa

The South African economy and jobs market will reap the benefits if we are able to accelerate the growth and extend the reach of high-impact local entrepreneurs onto the global stage, says Adrian Gore, chief executive officer of Discovery and chair of the SA SME...

New SME Scale Up Programme To Catapult Gazelles Abroad

The South African economy and jobs market will reap the benefits if we are able to accelerate the growth and extend the reach of high-impact local entrepreneurs onto the global stage; and this is already happening. This is according to Adrian Gore, CEO of Discovery...

IMCD signed an agreement to acquire 100 percent of the shares in Siyeza

IMCD, a leading distributor of speciality chemicals and ingredients, announces that it has successfully signed an agreement to acquire 100% of the shares in the South African distributor Siyeza....

African Manufacturing AI Firm DataProphet Raises $6m

DataProphet, a South African tech firm that specializes in artificial intelligence in the manufacturing sector, has raised a further $6 million to fund its international expansion....

BLACK ENTREPRENEUR FUND IN SA TO RAISE MORE CAPITAL

‘We are talking to everybody,’ SA SME CEO Ketso Gordhan said A fund created by South African companies to help startups is seeking more cash after allocating all of its capital during its first year. ...

SAS GRINDSTONE ACCELERATOR GETS R25M INVESTMENT

South Africa’s Grindstone Accelerator received a R25-million investment from the SA SME Fund and concluded partnership agreements with Google for Startups and Deloitte to extend its reach....

GRINDSTONE ACCELERATOR PARTNERS WITH GOOGLE FOR STARTUPS AND DELOITTE

SA SME FUND INVESTS R150M TO COMMERCIALISE UNIVERSITY TECH INNOVATION

The SA SME Fund has invested R25 million in FINTECH FUND MANAGER A2Pay SA

The SA SME Fund has invested R25 million in A2Pay SA, a fintech fund manager that focuses on the financial inclusion of Spaza shops and stokvels. The SA SME fund is a partnership between the government and corporate South Africa and looks to grow and...

SA SME FUND INVESTS R150M TO COMMERCIALISE UNIVERSITY TECH INNOVATION

R150 MILLION FUND TO COMMERCIALISE TECH INNOVATION AT SOUTH AFRICAN UNIVERSITIES

Corporate South Africa, through its investment in the SA SME Fund, is enabling the commercialisation of technology innovations developed by South African universities through its R150 million investment into the University Technology Fund (UTF)....

SA SME FUND INVESTS R150M TO COMMERCIALISE UNIVERSITY TECH INNOVATION

DURBAN Corporate South Africa through its investment in the SA SME Fund has invested R150 million into the University Technology Fund (UTF). The investment will enable the commercialisation of technology innovations developed by SA universities. ...

UNIVERSITY TECHNOLOGY FUND TO GROW R150M FUND SIZE WITH NEW INVESTORS, CO-INVESTMENTS

With the SA SME Fund‘s R150-million University Technology Fund set to make its first investment in the coming months, fund manager Wayne Stocks says he’s “silently confident” that the fund manager will be able to increase the fund size. The University Technology Fund, which aims...

CLASSIC BUSINESS – SA SME FUND INVESTS IN A2PAY TO FINANCE SPAZA SHOPS

CLASSIC BUSINESS – SA SME FUND INVESTS IN A2PAY TO FINANCE SPAZA SHOPS

SA SME Fund CEO, Ketso Gordhan speaks about the invested R25m in A2Pay SA, a fintech fund manager that focuses on growth and trade financing for spaza shops....

HI-TECH TILLS ADD UP FOR SPAZA SHOPS

Ten-thousand spaza shop owners are going hi-tech with cash tills that quantify stock electronically and help finance loans. This is thanks to a R25m investment by small business fund investment hub the SA SME Fund in fintech fund manager A2Pay, the provider of technological solutions...

ON POINT – THE SOUTH AFRICA SME FUND HAS MADE A SUBSTANTIAL INVESTMENT TO DRIVE GROWTH AND FINANCIAL INCLUSION TO SPAZA SHOPS

TODAY – SA SME FUND HAS INVESTED TWENTY MILLION RANDS TOWARDS SMALL BUSINESSES

AFRICA MIDDAY – R150M UNIVERSITY TECHNOLOGY FUND A FIRST FOR AFRICA

Stellenbosch University and the University of Cape Town will be co-investing with the newly established R150-million University Technology Fund (UTF) that was set up by the SA SME Fund....

SA SME INVESTS R25M IN FINTECH PLAYER A2PAY

SA SME INVESTS R25M IN FINTECH PLAYER A2PAY THE SA SME Fund has made a R25 million investment in fintech player A2Pay, to drive growth and financial inclusion for spazas....

ACCESS TO CAPITAL OPENS DOORS FOR ENTREPRENEURS

Spaza shops also battle to get loans - and this is where businessman Ketso Gordhan comes in. He is the head of the SA SME Fund, a vehicle that is dishing out money to small businesses....

SA SME FUND AND A2PAY TEAM UP TO GIVE SPAZA SHOPS A R25M BOOST

The South African SME Fund has made a R25-million investment in spaza shops. They have partnered with fintech A2pay to drive growth and inclusion for spazas. Clement Manyathela speaks to A2Pay COO Tina Mason about the investment....

R150M UNIVERSITY TECHNOLOGY FUND A FIRST FOR AFRICA

Stellenbosch University (SU) and the University of Cape Town are coinvesting through a newly established R150-million University Technology Fund (UTF), set up by the SA SME Fund in its endeavour to partner with South African universities to commercialise the technologies and business ideas that arise...

BUSINESS MAVERICK: WEALTH AND JOB CREATION LOOK NO FURTHER THAN SPAZA SHOPS

Although co-operation is widely and successfully used by spaza shops owned and managed by foreign nationals, their SA counterparts have been lacking the same team spirit. But the merchants have finally come to realise that they all need to get in to win it....

SPAZA SHOPS: ACCESS TO CAPITAL OPENS DOORS FOR ENTREPRENEURS

The lowly spaza shop is an oft-forgotten part of SA’s retail supply chain. These informal convenience shops, the mom and pop stores where many South Africans stop for at least their daily milk and bread, operate across the country....

THE XOLANI GWALA SHOW – THE SA SME FUND HAS INVESTED TWENTY-FIVE MILLION RANDS IN SPAZA SHOPS.

...

THE MIDDAY REPORT – INTERVIEW WITH TINA MASON, CHIEF OPERATING OFFICER AT A2PAY

The South African SME Fund has made a R25-million investment in spaza shops. They have partnered with fintech A2pay to drive growth and inclusion for spazas. Tina Mason, Chief operating officer at A2Pay joined 702 to elaborate more....

SMME XChange : Lumka Mlambo Investment Principal – SME Fund

The SME Fund was officially launched earlier this year by President Ramaphosa. It’s a fund initiated by the CEOs of some of SA’s largest companies, with a mandate to “invest in scalable small and medium enterprises with the best potential for growth and sustainable employment...

TODAY – THE ROLE OF THE SA SME FUND AND THE CEO’S CIRCLE

SA SME fund has been created by fifty of the countries top businesses collectively. Jomo Khomo Kele Mining Managing Director and an SME and CEO's circle recipient entrepreneur elaborates further....

ON POINT – PART 2: MENTOR-SHIP PROGRAMS

Part: 2 interview Lisa Klein, Executive Director at Chief Executive Circle and SA SME Fund talks about the different mentorship programs...

ON POINT – PART 1: SME FUND MENTOR-SHIP PROGRAMS

Part: 1 interview Lisa Klein, Executive Director at Chief Executive Circle and SA SME Fund talks about the different mentorship programs...

CLASSIC BUSINESS – SOUTHERN AFRICA VENTURE CAPITAL AWARDS

Southern Africa venture capital get to nominate companies that are making a huge impact with SA SME Fund CEO Ketso Gordhan, being part of the panel...

THE MONEY SHOW – IN DISCUSSION WITH ADRIAN GORE

Adrian Gore, Chief Executive of Discovery have been involved in SME Fund, aimed at driving the growth of small black-owned enterprises...

SA SME FUND INVESTS R1.2BN IN BLACK BUSINESSES

CEO of the SA SME Fund, Ketso Gordhan and CEO Circle Entrepreneurs, Thuso Koboyatau who is the co-founder and financial director of TSK Interiors talk about the launch of the CEO Circle that is tasked with up-scaling middle-sized businesses into companies...

SA startup DentX raises R1m for vehicle repair pricing platform

SA startup DentX has raised R1-million from angel investors, Frederik Gerner and Bas Hochstenbach - founders of the entrepreneurial investor team E4EAfrica....

CEO Circle selects BT Industrial as one of seven national champions

Industrial solutions provider BT Industrial, with Kgomotso Lekola as Founder and Managing Director, recently received a prestigious CEO Circle Entrepreneurs 2019 Award. The adjudication panel consisted of Discovery CEO Adrian Gore as Chairman, Investec CEO Fani Titi, Vodacom CEO Shameel Joosub, and Sasol CEO Bongani...

CLASSIC BUSINESS – PART 1: TIA WILL PROVIDE JUST OVER R83 MILLION TO THE ONE BIO SEED INVESTMENT FUND

Part 1: Dr Nick Walker says the SA SME Fund in partnership with the state-run technology innovation agency TIA will provide just over R83 million to the one Bio Seed Investment Fund....

CLASSIC BUSINESS – PART 2: DR NICK WALKER SAYS THE SA SME FUND IN PARTNERSHIP WITH THE STATE-RUN TECHNOLOGY INNOVATION AGENCY TIA WILL PROVIDE JUST OVER R83 MILLION

Part 2: Dr Nick Walker says the SA SME Fund in partnership with the state-run technology innovation agency TIA will provide just over R83 million to the one Bio Seed Investment Fund....

CLASSIC BUSINESS – IN CONVERSATION WITH SHAWN THEUNISSEN

Development impact reports that businesses on the two-year Property Point accelerator program had recorded a cumulative contribution of R158 Billion to the GDP, Shawn Theunissen, Founder, and Head of the Property Point elaborates more...

‘SA SME Fund set to be among country’s biggest institutional investors by year end’

South Africa’s R1.4-billion SA SME Fund has thus far approved R1-billion for investment in a number of funds that will lend to small businesses and startups, the fund’s CEO, Ketso Gordhan has revealed....

CLASSIC BUSINESS – SA SME FUND AND THE TIA TO INVEST R236 MILLION IN TWO NEW FUNDS

SA SME Fund and Department of Science and Technology Innovation Agency (TIA) recently revealed that they are going to invest R236 Million in two new funds which are R83.5 Million fund in biotech and just over R152 MIllion in University Tech Fund. CEO SA SME...

CLASSIC BUSINESS – CEO OF OLD MUTUAL MASISIZANE FUND, ZIZIPHO NYANGA SAYS THE SA SME FUND HAS PARTNERED WITH FUNDING ENTITY MASISIZANE FUND

Savca selects 13 participants for fund manager development programme

The Southern African Private Equity and Venture Capital Association (Savca) has selected 13 women and black fund managers for its Fund Manager Development Programme (FMDP)....

THE JET SET BREAKFAST – CEO AT SA SME FUND, KETSO GORDHAN SAYS THE SA SME FUND NEEDED TO ROLL-OUT SMALL BUSINESSES AS ANOTHER STRATEGY FOR ECONOMIC GROWTH

CEO Circle chooses to nurture a “nationalchampion’

Black-owned company, BT industrial, has been selected from more than 140 of South Africa’s leading BEE firms to be nurtured over the coming five years into a ‘national champion’ with yearly revenues of greater than R500-million....

38 deals, not one failure! – Bruce Whitfield on black-owned Pape Fund Managers

SA SME fund and Masisizane fund partner to create Black fuel franchise oweners.

New fund to help create black wealth in fuel sector

A new fund has been created to lower the entry barriers into fuel retail franchising by providing debt and equity funding to black franchise entrepreneurs. ...

Magnificent 7: Here’s who will champion the goals of a R1.4bn SME fund

The SA SME Fund on Thursday named seven fund managers set to manage about R1.4bn to develop small businesses in the country....

Spartan SME Finance provides finance for small businesses. Bruce Whitfield interviews its CEO, Kumaran Padayachee.

POWER BUSINESS – interview with Kgomotso Lekola, Managing Director of BT Industrial

BT Industrial was selected along with six other companies by the CEO Circle to be nurtured over the next five years. Kgomotso Lekola, Managing Director of BT Industrial talks about how this selection will impact the company. ...

CGTN Africa: Global Business

CGTN Africa is the African bureau of China Global Television Network, the English-language news channel run by Chinese state broadcaster China Central Television. The segment on the SA SME Fund starts at 19:25. ...

State fund sows the seeds of biotech investment

SA SME Fund and TIA announce R350m innovation investment in 3 VC Funds

SA SME Fund, TIA commit R237.5m in new money to biotech, university, tech fund