SA SME Fund

Here are the winners of the 2019 SA Innovation Summit

Curious about who won top honours at this year’s SA Innovation Summit? The SA Innovation Summit said in a statement yesterday (17 September) that 78…

SA SME Fund, TIA commit R237.5m in new money to biotech, university, tech fund

The SA SME Fund and the Department of Science and Technology’s Technology Innovation Agency (TIA) have revealed that they will invest R236-million together in two…

Are these six, SA’s most important venture capitalists?

Who would you turn to if you were a SA tech startup looking for venture capital (VC)? South Africa’s VC sector has grown substantially…

Here’s all you need to know about AfricArena’s tech startup challenges [Updated]

Looking to win some funding, or think your startup has what it takes to collaborate with a corporate? Tech startup conference AfricArena has called…

Half of R130m 4Di Capital, SA SME Fund to go to startups with black founders

Cape Town based venture capital (VC) fund 4Di Capital and the SA SME Fund have launched a R130-million fund that aims to invest in at…

AfricArena, SA SME Fund launch SA Startup Nation Challenge

Tech startup conference AfricArena yesterday announced that it has partnered with the R1.4-billion SA SME Fund to launch the SA Startup Nation Challenge. In…

Cape Town’s Akro announces names of eight startups selected for its first cohort

Cape Town based venture builder Akro today revealed the names of the eight startups selected for its new 20-week acceleration programme funded by the SA SME Fund. The…

Four Savant backed startups secure TIA seed grants totalling over R2.5m

Four startups incubated at Cape Town based hardware tech incubator Savant have secured seed grants totalling over R2.5-million from the incubator’s seed fund partner…

It’s official: Cape Town healthtech startup is SA SME Fund’s first investment

Ventureburn can today confirm that a venture capital deal concluded by Cape Town based KNF Ventures earlier this month in SA healthtech firm 5nines Technologies has made…

SA SME Fund in new mandate to invest over R1bn in black small firms, startups

SA’s long awaited SA SME Fund will invest just over R1-billion or 75% of its R1.4-billion in funds in black-owned small and medium-sized enterprises, including tech startups —…

BREAKING: Former PPC Cement head announced as new SA SME Fund CEO [Updated]

Former PPC Cement head Ketso Gordhan was today announced as the new CEO of the SA SME Fund. The announcement that Gordhan will take the helm…

EXCLUSIVE: SA SME Fund CEO’s stepping down was ‘amicable’ says fund official

The head of the SA SME Fund Quinton Dicks has parted ways “amicably” with the fund, a right-hand official of Discovery CEO Adrian Gore who initiated…

PIC won’t reveal how much it invested in black-owned insurtech Yalu [Updated]

UPDATE (6 August 2019): The Public Investment Corporation (PIC) disclosed in its 2018 annual report (see here — opens as a PDF) that it had acquired…

Over a year on, when will big companies’ SA SME Fund get going? [Opinion]

South Africa’s private sector loves to lament how poor the government’s support has been for small business — but it seems, business owners shouldn’t expect much either…

SA SME Fund is not aimed at venture capital sector, says CEO

South Africa’s R1.5-billion SA SME Fund is not aimed at boosting the country’s nascent venture capital (VC) sector, but rather at helping already profitable mid-sized companies to…

SA SME Fund will commence with due diligence in July says CEO

The R1.5-billion SA SME Fund will commence with initial fund screening due diligence from next month (July 2017), the fund’s CEO Quinton Dicks said…

SA downgrade ‘nearly irrelevant’ to startups – Michael Jordaan

South Africa’s downgrade to junk status earlier this month by two rating agencies may have depressed Michael Jordaan, one of the country’s most respected venture…

Exclusive: ‘Government won’t match private sector in R1.5bn SME fund’

The SA government has no immediate plans to match the R1.5-billion that 48 large companies have committed to the SA SME Fund, National Treasury…

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