Business Opportunities Monthly – November 2020

business funding south africa
Share

business funding south africa

SIGN UP for our newsletter online to get the latest updates on business opportunities and funding news in South Africa to help you on your entrepreneurship journey. IT’S FREE. Sign up here

Please note: Visit the organisation’s website for more information.

***FUNDING & BUSINESS OPPORTUNITIES***

Secha Capital Impact (SMEs)

Secha Capital, a Southern African investment impact firm, announced the first close of its second fund, Secha Capital Impact, a Southern Africa early-stage operations-focused impact private equity fund.

The ZAR400 million (US$30 million) Secha Capital Fund II will invest up to ZAR12 million (US$730,000) into established Southern African SMEs for significant minority equity stakes, according to DisruptAfrica.

The criteria include:

– Typical % ownership: 10-30%

– Sectors of interest: Agri, FMCG, business-enabling services

– Investment theme: Niche, growth verticals; large, dormant markets that can be re-invigorated

– Minimum revenue: R5-50million revenue with positive gross margins

More info here

SEE ALSO: Is My Business Funding Ready?

Sunlight’s More Than You Expect Heroes (Women entrepreneurs)

Female-owned small business owners can share how they pivoted their businesses during the lockdown period and stand a chance to become one of the More Than You Expect Heroes.

Five women will get the opportunity to gain business support and resources to the value of R200 000 each.

Apply here

Locally Yours Market – Port Elizabeth (All)

The Locally Yours Market initiative promotes handmade products made by residents of the Eastern Cape.

Consumers are encouraged to attend the market at The Tramways Building, 16 Lower Valley Road, Baakens Valley in Port Elizabeth. The market is held once a month – the next event is Wednesday 16 December from 1pm to 6pm; Thursday 17 December from 10am to 6pm; Friday 18 December from 10am to 8pm; Saturday 19 December 9am to 4pm.

To qualify, business owners will need to be in attendance at the market. They do not allow any copies of concepts or other brands unless under license to do so.

If you are interested, contact the Locally Yours Market directly at info@locallyyours.co.za, or look for an application form on the Locally Yours Market Facebook page.

App Factory Internship Programme (Tech)

Graduates who can demonstrate their ability to code in C#, Java and C++ and are familiar with object-oriented principles can apply for this internship with the Tshimologong Precinct. Successful candidates will be paid a stipend for the duration of the internship.

The programme starts 4 January 2021, it will cover C#, ASP.NET Webforms, ASP.NET MVC, Angular, JavaScript and other relevant topics. You can email your CV and a covering letter to internship@tshimologong.joburg.

SEE ALSO: Pros Share Must-Have Presentation Skills to Win Over Clients

SIGN UP for our newsletter to get the latest updates on business opportunities and news to help you on your entrepreneurship journey. IT’S FREE. Sign up here

The following content is paid for by DPO South Africa.

business funding south africa

New offering gets SMEs trading online in under a week

Want to launch an ecommerce website without outsourcing developers nor requiring design skills?

DPO South Africa launched its DPO Store which is specifically designed to help startup and small businesses move online easily, quickly and securely, and comes with ongoing support.

For only R349 per month, you’ll get:

– An ecommerce-ready website including a full payment suite

– A four-page website with space to sell 250 products

– A website tailored to the branding guidelines of your business

– Training and support PLUS site maintenance including safety requirements

– An integrated delivery service

– Free hosting

The sites are built and ready to accept transactions in just five working days.

“DPO Store allows even the smallest of businesses the opportunity to experience the power of online commerce,” says Brendon Williamson, CSO of DPO South Africa.

Apply here

SEE ALSO: 10 Powerful Ways Entrepreneurs Can Maximise Their LinkedIn Profiles

business funding south africa

***TRAINING & SUPPORT PROGRAMME OPPORTUNITIES***

Grow with Google (All)

The digital hub provides free tools and resources to businesses and individuals, with initiatives like Google My Business, Marketing Kit tool and Market Finder tool.

For example, the free marketing kit from Google My Business will allow you to create custom posters, social posts and more; from reviews and highlights on your Business Profile on Google. Market finder will recommend the best market for your business.

More info here

1000 Tech Entrepreneurs Movement (Tech)

You must have the interest and willingness to start and lead your tech startup to register to join the five-day bootcamp – in your city. No prior entrepreneurship experience is required.

This is a is a nationwide campaign with ideation and MVP bootcamps.

More info here

SIGN UP for our newsletter to get the latest updates on business opportunities and news to help you on your entrepreneurship journey. IT’S FREE. Sign up here

business funding south africa

***COMPETITIONS***

Sentech Hack the Future Challenge 2020 (Tech)

Innovative tech and digital solutions can be entered into the #SentechHackTheFuture hackathon. Stand a chance to win R200,000 in prize money.

The hackathon takes place between 16 – 18 November 2020. Individuals are allowed to register and will be placed on a team. Teams can register with 3-6 members.

The closing date for applications is 10 November 2020.

Apply here

WWF & Sanlam Disaster and Agricultural Risk Innovation Challenge (All)

The competition aims to find ideas to improve disaster and agricultural risk management. The winner stands the chance to win a portion of R150k in prize money.

How it works

You can apply online by submitting a video of no longer than three minutes explaining your business and including the following:

– What does your product or solution aim to achieve?

– How does your product or solution change the way municipalities and agriculturalists are able to prepare for, respond to, mitigate and recover from disasters caused by fire, water or earth?

– How will you execute on this using the R150 000 prize money?

The deadline for online entries is 6 November 2020.

More info here

Re:solve Challenge (All)

Individuals or teams can get an opportunity to test their idea before launching it into the market; grant funding is available for selected projects and there’s possible investment from industry partners.

With sustainability a key factor in judging, you will be encouraged to address these four vital pillars with your idea:

– Community – enriching those around you

– Ecology – not harming, but rather benefiting the planet

– Dignity – valuing people and providing them a sense of worth

– Profitability – an ability to make money

The application deadline is 5 November 2020.

Apply here

TelkomONE Competition: #OpenUpTheIndustry (Entertainment)

TelkomONE is giving aspiring content producers, writers, videographers, photographers, presenters and actors an opportunity to win 1 of 3 contracts valued at R100 000.

The three categories for the competition are Mobivelas (Telenovela for Mobile), Comedy and Lifestyle. Winners will produce their full web-series and have it screened on Telkom’s new Video on Demand Service.

The competition runs until 30 November 2020.

Apply here

Mamelodi Sundowns “Sing with Sundowns” 50 Year Celebration (Songwriters, musicians)

To celebrate the South African football team Mamelodi Sundowns, musicians and songwriters have the opportunity to compose and submit their Sundowns song in any of the 11 official languages (including Xu and Khwe).

A total of R6 million in cash can be won including, first prize of R1 million. Between R600 000 and R100 000 will be awarded to six other winners. Winners will be announced in December.

13 songs will win R30 000 every month from July. 13 lucky voters will win R7 000 every month.

More info here

SIGN UP for our newsletter to get the latest updates on business opportunities and news to help you on your entrepreneurship journey. IT’S FREE. Sign up here

IMAGE

***ACCELERATORS***

South Africa Virtual 2020 programme (All)

The French South African Tech Labs (FSAT) is offering an incubation programme which duration is over a six-month period.

The programme includes workshops, coaching, mentoring and helps to connect participants with potential investors and technology-based developers.

More info here

VC4A Startup Academy (All)

This is an online resource for startup founders. Get access to the latest industry insights, startup tools and methodologies needed to take your business to the next level.

About the modules

The first course is called “Start your business”, and walks you through the founding stage of your startup; the second course, “Grow your business”, covers what’s needed after your startup finds its feet and is ready to scale up.

Course three, “Finance your business”, covers how to attract venture funding. The fourth course, “Your legal business“, is aimed at founders who want to learn more about the legal implications of setting up their business and getting their operations funded.

You can obtain a certificate for each course.

Register for courses here

SIGN UP for our newsletter to get the latest updates on business opportunities and news to help you on your entrepreneurship journey. IT’S FREE. Sign up here

*** PREVIOUS ISSUES ***

Business Opportunities Monthly – October 2020

– Business Opportunities Monthly – September 2020

– Business Opportunities Monthly – August 2020

– Business Opportunities Monthly – July 2020

– Business Opportunities Monthly – June 2020

– Business Opportunities Monthly – May 2020

– Business Opportunities Monthly – March 2020

Facebook Comments
Share
Melissa Javan
Melissa Javan
Melissa Javan is a writer with nine years' experience in the media industry. She enjoys blogging and taking part in Twitter chats. You can find her on Twitter @melissa_nel.