OUR FUNDS
What is our offering?
Our different finance options have been explained below:
The Stokvel Fund
Funding from a group saving scheme that is designed to fund small business ventures.
- The shareholders and the directors need to be South African with valid South African identity documents.
- The ages of the company officials must be between 16 and 55 years.
- The finance need must be between R2,000 and R30,000.
- The business entity must be a valid and a registered South African private company.
- The company and the company officials must have clear credit records.
- The company officials must have clear criminal records.
- This fund is reserved for businesses that have been trading for more than eighteen (18) months.
- The annual business turnover must be a minimum of R50,000 and a maximum of R800,000.
- The investor partnership is limited to a period of two (2) years.
The Starter Grant
Small grants designed for the youth to start and/or maintain their businesses.
- The shareholders and the directors need to be South African with valid South African identity documents.
- Businesses with less than eighteen (18) months of trade are deemed as new.
- The ages of the company officials must be between 16 and 35 years.
- The finance need must be between R2,000 and R1,000,000.
- The business entity must be a valid and a registered South African private company.
- The company and the company officials must have clear credit records.
- The company officials must have clear criminal records.
- This fund is for new and existing businesses.
- The annual business turnover must be projected or an existing maximum of R10,000,000.
- The investor partnership is limited to a period of five (5) years.
The Growth Venture Fund
For growth or expansion plans of businesses with a demonstrated track record of commercial success and viability.
- The shareholders and the directors need to be South African with valid South African identity documents.
- The ages of the company officials must be between 16 and 68 years.
- The finance need must be between R1,000,000 and R30,000,000.
- The business entity must be a valid and a registered South African private company.
- The company and the company officials must have clear credit records.
- The company officials must have clear criminal records.
- This fund is only for businesses that have been trading for more than three (3) years.
- The annual business turnover must be a minimum of R10,000,000.
- The investor partnership is open-ended.
Non-financial Support
Non-financial support is reserved for our partners and is an automatic benefit that comes with partnering with us on your business growth journey.
This includes:
- entrepreneurial support,
- training and mentorship,
- access to markets,
- and networks.