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Size of the Fund
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R300 million
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Geographical Spread
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The Fund operates nationally
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Financing Period
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There is no defined investment period however on average the financing period is between 3 to 7 years. There should be clear indications of a proposed exit strategy within a reasonable timeframe.
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Minimum and Maximum
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The Fund considers first round funding up to a maximum of R10 million with a focus on deals between R500 000 to R3 million.
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Own contribution requirements
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The financial risk, business risk, industry risk and environmental risk will influence the own contribution requirements of the business venture.
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Entrepreneur – Relevant experience
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In evaluating the entrepreneur, aspects such the ability to run a successful business on sound business principles, integrity, drive, vision and appropriate experience, are considered.
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Viability
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The project / business must exhibit economic merit in terms of profitability and sustainability.
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Application documents
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- Business plan
- Annual financial statements
- Up to date management accounts
- Cash flow forecast
- Approval by franchisor where applicable
- CV of entrepreneur/s
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Business that qualify for the Fund
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All viable companies that offer projects to enhance the environment, reduce carbon emissions, create jobs and uplift communities.
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Exclusions
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Companies that are not linked to energy efficient and / or renewable energy projects.
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Purpose of the funding
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The funding can be used to develop, grow and invest in green industries.
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Business Partners (Owner)
