Small business start-ups in South Africa have been pinpointed by the South African government as a way to stimulate economic growth in the country and to help solve the large unemployment problem. Whilst new businesses in South Africa will face many challenges, the government does provide a variety of incentives to help new businesses especially for black entrepreneurs who are looking to create small business start-ups.
Whilst there are a number of administrative tasks and minor costs associated with forming small business start-ups in South Africa, such as registering the company formation documentation with CIPRO located in Pretoria and registering for TAX with SARS once these formalities are out of the way, entrepreneurs looking for funding for their small business start-ups have a variety of options that they can consider.
Financing small business start-ups in South Africa can be done in various ways, from finding the enterprise with your own money, to borrowing funds from friends and family. However in many cases entrepreneurs looking to create a small business start-up may need to look for outside funding assistance from South African private investors or venture capital firms.
South African investors looking to fund small business start-ups will be looking for new businesses that can present a professional business plan and has figures and statistics that can show that the business can provide long-term success. Whilst some investors in South Africa may fund your business start-up for a simple financial return on their investment by a set date, others may require an equity stake in that business. Entrepreneurs looking for funding for their small business start-ups will therefore need to decide which type of private investor that they will want to work with. Not all entrepreneurs are comfortable with giving up a stake in their business, whilst many investors are likely to insist on it.
R200,000 Req R50,000 Min
A first in South Africa, a board game, The Wine Game, played while tasting the wine and answering questions to move your marker on the board until the winner reaches the end.
R1,000,000 Req R5,000 Min
A free downloadable app using Google Play and iStore platforms which will be marketed through associated health and fitness corporations and events. One stop shop.
R300,000 Req R1,000 Min
Nine Nine One Solutions (Pty) Ltd t/a 991 Solutions are a leading name in the ICT sector, seeking to establish itself as the premier provider of technology solutions.
R30,000,000 Req R500,000 Min
Secure investment in further development of remaining 50% of an unique established sectional title scheme with 15%+ annual return. Exit in 4 - 5 years.
R1,250,000 Req R500,000 Min
We have invented a unique product, that saves the public money from day one. A product based on energy saving, that stops consequential damage from a burst geyser.
R1,750,000 Req R250,000 Min
J-Lock, the unique spring loaded barrel bolt; revolutionizing the fundamentals of any lock used for added security, primary lock or doorstop.
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