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BENEFITS FOR FUNDERS |
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INVESTMENT GUIDELINES |
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The fund qualifies as an Enterprise Development investment in terms of the BEE Codes, thereby allowing companies in South Africa to secure their Enterprise Development points immediately on payment.
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Enterprise Development funding from companies can be in the form of a grant or a loan. If in the form of a loan, the outstanding loan amount qualifies for recognition in future years.
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Companies participating in the fund are not required to dedicate their own human resources. The fund is managed by a professional independent team.
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The investment process and methodology is based on best practice and supported by experienced individuals.
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High ethical and governance standards which include: credible people and professional reporting. Detailed annual reports will be prepared for all funders.
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Strong partnerships with Development Finance Institutions, financial institutions, companies and government.
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The fund invests into SMME’s with black ownership in terms of the BEE Codes.
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Investments that demonstrate substantial job creation are favorably considered.
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Investment funding includes appropriate entrepreneurial support to mitigate business failure risk.
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Investments are primarily in the form of loans at a Prime lending rate with additional profit share or equity stakes participation to enable capital to be generated by the fund for re-investment.
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