Riversands Incubation Hub in partnership with NEF hosts inaugural FundEX


The Riversands Incubation Hub will be hosting FundEX in partnership with the National Empowerment Fund (NEF) on 16 November 2016.

The conference, running from 8.30am to 7pm at the incubation hub in Gauteng, will cover a wide range of topics, including creating personal wealth and accessible investment opportunities.  Industry professionals will also cover BEE share schemes, how to invest in the stock market, and how to find the right financial advisors for your business.

“Many entrepreneurs find accessing funding difficult, while funders, in turn, complain about the lack of fundable businesses available,” said CEO of the Riversands Incubation Hub, Jenny Retief in a press release to Ventureburn.

“This event aims to bridge this disconnect by giving ‘beyond the brochure’ insights into how banks, government funders and investors evaluate a business. We will also highlight some of the innovative funding mechanisms which are now available for entrepreneurs,” says Retief.

The Riversands Incubation Hub and NEF has opened FundEX to the general public to showcase best financial practices for a better financial future

The Riversands Incubation Hub was established with the purpose of supporting small businesses as well as foster job creation. The initiative received major support in 2015 through a private-public partnership with Century Property Developments and the National Treasury Jobs Fund.

Through this initiative, SMEs and established businesses are accommodated at the hub for up to three years in their subsidised premises. Once capacity is reached, the hub will be home to 150 small businesses.

The National Empowerment Fund was established to provide financial and non-financial support for black-empowered businesses. Their aim is to promote a good financial culture of savings and investment.

Featured image: SarahTz via Flickr 



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