Impact SA

Edge Growth

Empowering entrepreneurs towards investment-readiness

There is no shortage of investors with a strong desire to invest in innovative products and services – the challenge is finding and partnering with businesses that are investor ready. According to the University of the Western Cape, South Africa has a small business start-up failure rate of between 70 and 80%. A report by […]

Empowering entrepreneurs towards investment-readiness Read More »

Exit and expansion for passionate KZN-based recycling start up

A 100% black-owned recycling business in Newcastle has become another example of how growth support initiatives are integral to drive entrepreneurs to the next level of growth and scalability. The business was started in 2009 by three young entrepreneurs from Osizweni township in Newscastle, KwaZulu Natal. With a borrowed bakkie and no employees, these three

Exit and expansion for passionate KZN-based recycling start up Read More »

FNB commits R200 million for SME development with launch of Vumela 4

Significant and growing unemployment and poverty are risks to the sustainability of South Africa. A growing and sustainable SME sector does a great deal to contribute to the alleviation of these factors. Image: Richard Rose, CEO of the Fund Management division for Edge Growth To further assist this sector, FNB this week announced a R200

FNB commits R200 million for SME development with launch of Vumela 4 Read More »

Family run butchery business ‘meats’ funding requirements for expansion 

With successful butcheries already established in Thokoza and Katlehong, entrepreneur Dexter Letele, has secured a R5 000 000 loan to launch a third site, bringing Dexter’s Hyper Meat Market to the Vosloorus area of Natalspruit in Gauteng. The strong brand recognition and proven track record that Letele has achieved since first starting his business twenty years ago

Family run butchery business ‘meats’ funding requirements for expansion  Read More »

Rand Pharmaceuticals on the path to rapid growth

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

Rand Pharmaceuticals on the path to rapid growth Read More »

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

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

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

Inoxico enables sustainable business growth

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

Inoxico enables sustainable business growth Read More »

Animation and gaming startup, Sea Monster Makes a Huge USD1m Splash

Animation and Gaming Company Sea Monster partners with Edge Growth and FirstRand’s Vumela Fund to unlock digital solutions Animation, gaming and AR/VR company Sea Monster today announced the conclusion of a USD1m investment from FirstRand’s Vumela Fund, managed by leading SME Venture Fund Manager Edge Growth, which will change the way corporates tackle training and

Animation and gaming startup, Sea Monster Makes a Huge USD1m Splash Read More »

Receive the latest news

Subscribe To Our Monthly Newsletter

Get notified about new articles