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Please note: Visit the organisation’s website for more information.
*** FUNDING & LOCAL BUSINESS OPPORTUNITIES ***
Tourism Equity Fund (Tourism)
The Department of Tourism, in partnership with the Small Enterprise Finance Agency (SEFA), has launched the R1.2 billion Tourism Equity Fund (TEF) to encourage the participation of black-owned enterprises in the sector.
In her opening remarks at the launch, Tourism Minister Mmamoloko Kubayi-Ngubane said the Tourism Equity Fund is a dedicated fund that will provide a combination of debt finance and grant funding to facilitate equity acquisition as well as new project development in the tourism sector by black entrepreneurs.
Kubayi-Ngubane explained that during this three-year period, the Department of Tourism will capitalise the fund with an amount of R540 million.
She added the funding from the department will be matched with a contribution of R120 million from Sefa and R594 million from commercial banks that will be participating in the programme. – SAnews.gov.za
More info on how to apply here.
Food Lover’s Market Seeds Of Change programme (Food & Beverages)
Food Lover’s Market is giving local small businesses and social enterprises the opportunity to join its supply chain.
The aim of the initiative is to positively impact local South African communities. Selected small businesses will also have the opportunity to work with a business coach.
To apply, your business should already be trading. Your product or service should also be suitable to be used or sold in the Food Lover’s Market environment.
Deadline for entries is 14 February 2021.
Visit www.earth-lovers.co.za to apply.
Automotive Aftermarkets Support Scheme (Automotive)
Auto mechanics can apply with the Department of Small Business development to take part in this programme.
The scheme is targeted at motor mechanics, heavy equipment mechanics, tractor and forklift mechanics, diesel fitters, panel beaters, glaziers, tyre and glass fitment and auto spares shops.
To join this programme your business must:
– Be a registered legal entity and 100% South African owned.
– 70% of your employees must be South African.
– Have a bank account.
To apply, register here: https://smmesa.gov.za.
Africa Prime’s Request for Completed Productions of Africa-Centric Video Content (Film)
Africa Prime is appealing to independent video producers and filmmakers to submit completed productions of Africa-centric video content which can be purchased or leased.
Your application must include an outline of your documentary or film, as well as a synopsis, theme, genre, target market, and script.
Nominate a Youth Entrepreneur for the Anzisha Prize (Youth)
The Anzisha Prize is looking for 20 young women entrepreneurs to become Anzisha Prize Fellows. Promising entrants can be nominated by an educator, mentor, parent or community leader. Nominees must be between the ages of 15 and 22 years old.
Nominees should meet the following requirements:
– Run an established venture, delivering value to a few customers.
– Involved in the strategy and operations of their venture.
– The venture has demonstrated some impact already.
– Already earning a revenue, or reaching beneficiaries with the potential to improve (both ‘for-profit businesses’ or ‘not-for-profit’ ventures qualify).
Sunbox Ambassador Learnership Program (Youth)
Sunshine Cinema is looking for 20 South African Sunbox Ambassadors (SBAS) for a nine-month full-time learnership. The program starts in March 2021.
The organisation is Africa’s first solar-powered cinema network that aims to train youth from rural and peri-urban areas.
Selected youth will be trained in media facilitation, digital marketing, and host screenings of African films in their communities.
SBAS must attend a boot-camp where they are trained in basic photo, video production, and audience facilitation techniques.
– Participants must be between 21- 35 years old, have a Matric Qualification and Computer Proficiency in MS Office, particularly Word and Excel.
– They must also have a track record of experience in community mobilization and two contactable work and character references.
– They must own a smartphone with recording, video, photo capabilities and have access to Whatsapp.
Tommy Hilfiger Fashion Frontier Challenge (Fashion)
Businesses are invited to submit project proposals that focus on creating an inclusive fashion value-chain.
Applicants will be narrowed down to six finalists who will be invited to virtually develop their project plans with the support of dedicated Tommy Hilfiger and external subject-matter experts.
The final event of the challenge is hosted in early 2022.
The winner of this challenge will be awarded the prize fund of €200,000. Another €15,000 will be awarded to the finalist who wins the “Audience Favourite Vote.” The winners will also receive a year-long mentorship with Tommy Hilfiger and INSEAD experts, as well as a place in the INSEAD Social Entrepreneurship Program (ISEP).
The deadline for entries is on 8 March 2021.
The 7th Tony Elumelu Entrepreneurship Programme (SMEs)
The TEF Entrepreneurship Programme is a 10-year, $100 million commitment.
Its mission is to identify, train, provide mentorship and fund 10,000 entrepreneurs, who are capable of changing the face of business across Africa.
According to the programme website, this year’s intervention prioritises the economic recovery of small and medium scale enterprises (SMEs) and young African entrepreneurs, following the COVID-19 disruption to economic activities.
The pillars of the TEF Entrepreneurship Programme are:
2. Start-up Enterprise Toolkit
3. Online Resources
5. Elumelu Entrepreneurship Forum
6. Seed Capital Funding
7. TEF Entrepreneurship Programme Alumni Network
Applications to apply for this programme close on 31 March 2021.
2021 AFF Accelerator Program (Tech startups)
Africa FinTech Foundry (AFF) is an Access Bank initiative that aims to nurture, fund, and accelerate the growth of FinTech startups in Africa. They are looking for the continent’s next unicorn.
The programme offers mentorship and accelerator programmes to help fast-track the growth and maturity of startups. They are looking for solutions to provide greater access to financial services to the financially excluded across the continent.
Find out more here.
Bakeries and Confectioneries Business Support Scheme (Food & Beverages)
The scheme, funded through the Township Entrepreneurship Fund, focuses on small-scale, micro, informal and cooperative enterprises based in townships and villages. The target is owner-managed micro, informal (home-based) and cooperative bakeries and confectioneries.
Bakeries and confectioneries with turnover of less than R500, 000 can apply for both financial and business development support. Small-scale bakeries and confectioneries with turnover of more than R500, 000 only qualify for business development support.
Visit http://smmesa.gov.za to register your business and apply.
Find out more here.
Butcheries Support Programme (Food & Beverages)
This scheme supports entrepreneurs with a formal registered butchery business with CIPC, SARS and have Municipal Trade Permits operating in townships, rural areas and CBD areas.
The programme is a blended funding model of portion loan and grant funding. They aim to support 9,500 enterprises. Each enterprise will be allocated R10, 000.
The following is covered under the scheme: limited equipment/ refurbishment of existing equipment, stock, access to a partial loan and partial grant financing solution, training on compliance and technical skills improvement, and more.
Register your business and apply on http://smmesa.gov.za.
Read more here.
The Fruit and Vegetables Vendors Support Scheme (Food & Beverages)
The scheme is aimed at supporting informal and micro fruit and vegetables vendors.
As part of the scheme, vendors will receive focused support packages (financial and non-financial) to strengthen operations during COVID-19 lockdown and as part of Township and Rural Entrepreneurship Programme interventions.
A once-off grant will be allocated to 40, 000 entrepreneurs valued at R1, 000 each via Nedbank.
Entrepreneurs must be in possession of Municipal Trade Permits selling fruits and vegetables on designated spots in townships, rural areas and CBD areas demarcated in terms of municipal by-laws for trading purpose.
To register and apply, visit the website http://smmesa.gov.za.
More info found here.
Informal and Micro Personal Care Services Support Scheme (Beauty)
The personal care scheme supports informal and micro-businesses in these sub-sectors:
– Hairdressers & hair salons;
– Beauty therapists, make-up artists & beauty salons;
– Nail technicians; and
– Massage therapists & massage spas including mobile spas
Financial support covered by the personal care scheme is a blended funding model of portion loan and grant funding to the maximum of R10, 000 per enterprise. This covers working capital and cost of equipment.
Visit http://smmesa.gov.za to register your business and apply.
Find out more here.
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*** TRAINING & SUPPORT PROGRAMME OPPORTUNITIES ***
Webinar: Business Collaboration Session: Bridging the Gap Between SMME Businesses and corporates (All)
The webinar is hosted by the Transformation Legacy and aims to discuss solutions on how small businesses can gain exposure to corporates and how corporates can identify and partner with the right small business suppliers.
It takes place on 5 February at 10:00.
22 On Sloane Mentorship Programme (All)
22 On Sloane Mentorship Programme, in partnership with Jozi Angels, is looking for business mentors. The provides startups with valuable guidance and support from corporates, academics, business leaders and/or industry experts. In exchange for their time and expertise -22 On Sloane will reward them by moving them up the mentorship levels. At level 3, participants are recognized as certified GEN Africa Mentors, and are offered entrance into the Angel in Residence Programme.
A minimum of five years’ experience in some field is preferred. Participants must be willing to commit 3-6 hours a quarter to the programme.
Grow with Google (All)
Examples of tools is the free marketing kit from Google My Business which allow users to create custom posters, social posts and more; from reviews and highlights on your Business Profile on Google.
The Market Finder recommends the best market for your business.
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*** INCUBATORS & ACCELERATORS ***
22 On Sloane Accelerator Programme (Tech)
This programme is targeted at tech startups looking to scale.
The criteria for the accelerator programme is that the businesses must over 18 months old and have generated over R2 million (USD$135k) in revenue. The product or service must address current and future demand and is technology enabled.
*** PREVIOUS ISSUES ***
– May 2020