Choose from a selection of business guides to help you to navigate the challenges of launching and growing a business.
The National Empowerment Fund (NEF) may be the right funder for you if your business venture has the potential to make a positive impact on the local economy, creates jobs and endeavours to increase the economic participation of black people, women, youth and other previously disenfranchised groups.
The key to accessing funds from an angel investor is to demonstrate that you have a good product, a solid business model and product-market fit. Investors also want to back a founder who is fully committed to the venture with a strong management team behind them.
B-BBEE is the government’s policy initiative to redress South Africa's apartheid’s legacy of economic exclusion and inequality and to bring the black majority (African, Indian and Coloured) into the economic mainstream.
Business incubators are part of South Africa’s exciting startup ecosystem which also includes key role players including startups, VC firms, corporates, co-working spaces, makerspaces and accelerators.
The role of the NYDA has come into greater focus as more young people look to start businesses as a way out of unemployment and poverty. In particular, the NYDA’s funding interventions that help to address high youth unemployment and low levels of youth entrepreneurship.
The dtic aims to create an economy that is industrially focused and globally competitive by encouraging exports, international trade and investment. With this in mind, the dtic’s interventions focus on the manufacturing sectors and other production and services sectors.
The South African government provides several different forms of funding, such as grants, tax incentives, loans and equity finance options.
The Small Enterprise Development Agency (SEDA) which is an agency of the Department of Small Business Development which provides non-financial support to small enterprises and cooperatives.
To fully comply with South African law your business needs to be in possession of all the necessary business licences or permits or registrations required before trading.
Crowdfunding in South Africa is gaining traction as a viable option for raising capital in South Africa, largely because of the wide range of benefits it offers.
The basis for Enterprise and Supplier Development (ESD) Programmes at large corporates is the B-BBEE Act (as Amended) and the Codes of Good Practice.
While the country has made some excellent gains, funding for women-owned businesses in South Africa continues to be a challenge.
In South Africa cooperatives historically play an important role in economic development as well as alleviating poverty and reduce unemployment.
Access to funding is perhaps the biggest obstacle that both new and experienced business owners face starting and growing a business.
Important considerations for entrepreneurs looking to start a business in South Africa, including how to access funding, legal requirements and business ideas to launch.
While VC funding is a little known financing option, it is an essential source of funding that gives entrepreneurs access to capital markets.
While more South African youth are turning to entrepreneurship one of the main challenges they face is access to funding. To combat this, both the government and the private sector, have launched a number of initiatives to help youth to start and maintain their businesses.