capital matching initiative

 

Looking to raise SME funding? Apply Below.

The JSE is collaborating with the Western Cape Government, Department of Economic Development and Tourism (DEDAT) on a three-year programme to drive capital access for Small to Medium Enterprises (SMEs) in the Western Cape.

The JSE and WC, DEDAT will also work with other institutions: the Small Enterprise Development Agency (SEDA), SMEs, the private sector, capital providers, and SME development organisations to drive this programme that targets SME development and capital access.

To kick this programme off, the JSE and DEDAT will be hosting a Capital Matching Initiative in the Western Cape.

The aim of this initiative is to match 100 companies with capital providers and enable an increase in SME growth and job creation in the province.

What does this mean for my company?

The JSE and WC, DEDAT are inviting SMEs in the Western Cape that meet the requirements below.

Is your company seeking capital and creating employment in the Western Cape, then this is the opportunity for you to potentially find the ideal capital provider to grow your business!

Capital Matching solutions offered by capital providers:

  • Debt solutions
  • Equity Solutions: Angel and Venture Capital
  • Enterprise Supply Development (ESD)
  • Grant Funding 

Minimum Requirements for SMEs to apply:

  • History of active operation for over 2 years
  • Clear growth strategy
  • Funding requirements of over R250 000
  • Business operations and generating employment in the Western Cape region

The initiative consists of three phases, recruitment, capital or investor readiness support for the SMEs and will culminate into an event in Cape Town.

Timelines:

Recruitment will continue until 01 September 2023

Capital Readiness Workshop: 1 August 2023 to 13 October 2023

Capital Matching Event: 27 November 2023

“Applications for 2023 are closed, please complete the below if you would like to participate in 2024.”

Applications for 2023 are closed, please complete the below if you would like to participate in 2024

Revenue generated in 2021
Revenue generated in 2022
Revenue generated in 2023
Funding Requirements (amount)