| Size of the Fund |
R250 million
|
| Geographical Spread |
Nationally
|
| Financing Period |
5 years
|
| Minimum and Maximum |
R500 000 – R50 000 000 per investment
|
| Own contribution requirements |
There is no minimum own contribution required. The gearing and other factors that affect the viability of a transaction will be taken into consideration.
|
| Entrepreneur – Relevant experience |
Preferably 2 years’ experience in the relevant industry
|
| Viability |
Assessment of financial, business and market risk
|
| Application documents |
Business plan
Annual financial statements
Up to date management accounts
Cash flow forecast
CV of entrepreneur/s
|
| Business that qualify for the fund |
Female owned and managed businesses that are commercially viable.Businesses should at least be 50% female owned.
|
| Exclusions |
Non-viable businesses, on-lending, underground mining and primary agricultural industries
|
| Purpose of the funding |
Finance for women entrepreneurs
Invest in commercially viable women-owned businesses
Facilitate the growth and expansion of women-owned businesses
Contribute towards an increase in the number of successful women entrepreneurs and inspire young females in to choose entrepreneurship
Facilitate the creation of new jobs |
Business Partners (Owner)
