ESD initiatives Archives - Page 7 of 9

HOMEGROWN BATTERY MANUFACTURER SECURES R20 MILLION INVESTMENT

Boost for local champion bringing innovative, local and trusted battery storage solutions for African energy needs. I-G3N, the only black empowered female-owned SME to successfully develop lithium-ion batteries specifically for the African continent, has successfully raised R 20 million from Edge Growth and the ASISA ESD initiative. Recognising I-G3N’s capability in designing developing and manufacturing […]

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How EGP is providing sustainable energy solutions to help young entrepreneurs and local communities in the Covid crisis

The pandemic has been challenging for everyone, not least Thlompo Seretlo, a young entrepreneur and farmer in Limpopo. He turned to Enel Green Power for help and they came up with an innovative solar energy solution. As the Covid-19 pandemic continues to plague the livelihoods of local workforces, Enel Green Power (EGP) is actively promoting the UN’s

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Rand Pharmaceuticals on the path to rapid growth

ESD initiatives, Small Business Development & ESD / admin

The Vumela Fund, established by FNB Business and Edge Growth, has announced a new partnership with Rand Pharmaceutical Distributors that will see the expansion and growth of this innovative 100% black-owned and managed company that services independent pharmacies, private practices and small clinics. “Vumela sees an opportunity to support an acquisition that will boost capacity

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Kombo King turns up the heat as the Vumela Fund announces an investment in innovative food technology

ESD initiatives / admin

The Vumela Fund, established by FNB Business and Edge Growth, has announced a new investment in Kombo King (Pty) Ltd, a proudly South African kitchen equipment supplier focusing on the fried food niche market. Co-founder and Chairman KK Combi says: “On a trip to Beijing, I realised the importance of speed to service customers on

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Bayer Pharmaceuticals partners with Unjani Clinics to offer affordable, quality healthcare

ESD initiatives / admin

This innovative enterprise development initiative addresses the inequality which exists between private and public healthcare services in our country… The aim of this clinic network is to eventually have 1 000 clinics around the country. Bayer Pharmaceuticals has partnered with Unjani Clinics, a network of black women-owned and operated primary healthcare clinics that provide accessible,

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Inoxico enables sustainable business growth

ESD initiatives, Small Business Development & ESD / admin

Credit-focused fintech helps drive better business decisions The Vumela Fund, established by FNB Business and Edge Growth, is excited to announce an equity investment into Inoxico, enabling the company to continue establishing itself as a recognised commercial credit risk technology provider. The importance of trade credit Inoxico is a tech company that uses trade credit

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What can Small Business learn from Covid-19 in South Africa?

ESD initiatives / admin

By Jameel Khan: Head of Projects at SAICA ED As we all know, COVID 19 has had a devastating effect on the world economy. Although markets have recovered quite well since 2020, small businesses in South Africa and around the world have arguably been the worst hit. A recent survey from FinFind, in partnership with

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Venture support organisations: Lighting a path for entrepreneurship in South Africa

ESD initiatives / admin

The rapid growth of venture development organisations, both locally and across the globe, is a welcome addition to the entrepreneurial landscape. This worldwide trend – especially with regards to those based at academic institutions – has massive potential to contribute to the development and growth of South Africa’s entrepreneurial and small business ecosystem.

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Funding Accelerator Programme spearheads growth and resilience in 141 Gauteng township SMMEs

ESD initiatives / admin

Thursday, 3 December 2020 saw 141 small businesses led by historically underserved entrepreneurs graduate from the bespoke Funding Accelerator Programme, aptly named Khulisa iBiznis, meaning “Grow your Business”. This 12-month programme was developed and implemented in collaboration with JP Morgan, The Hope Factory NPC and SAICA Enterprise Development (SAICA ED). A catalyst for growth Despite

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The Hope Factory – growing and fostering entrepreneurship

ESD initiatives / admin

Growing entrepreneurial skills, developing businesses and impacting communities − this is the core of what The Hope Factory delivers, and so much more. This non-profit company forms part of the South African Institute of Chartered Accountants’ Nation Building division. Socio-economic empowerment The Hope Factory focuses on developing business skills in individuals and assisting them to

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