The recent wave of entrepreneurs in South Africa has made the other end of the spectrum more competitive. Many entrepreneurs still target banks in South Africa to obtain business financing loans. But the application process usually requires the entrepreneur to have some sort of income already.
Seda, a South African development agency backed by the government, looks at the options for local entrepreneurs, from borrowing money from friends and family to banks and private equity. It also gives a relatively pessimistic outlook, claiming that trust levels in South Africa are quite low, and that there are only a few active investors.
However, like many other places, it is important to acknowledge that business financing and Angel Investors are generally a relatively new aspect of business scene in South Africa, but this area if growing rapidly. And with the ability to convey ideas over the web, the scene is no longer restricted by location.
Until recently, South African entrepreneurs looking for business angels would have to look abroad, to Europe or the USA, but the Angel Investment Network has recently expanded into South Africa, and has built a network of angel investors based in South Africa, as well as global investors. As a result, local entrepreneurs can now receive business financing and funding from local investors as well as from abroad.
R3,000,000 Req R200,000 Min
E3 Mining Services is a Surface Mining Contractor company that renders a full opencast mining services in Southern Africa area. E3 Mining Services is an 51% Black owned comp
R3,500,000 Req R500,000 Min
‘FLOOD-PROOF’ Flexible Bridges. Bridges and road are damaged annually by FLOODS. Our bridges are SIMPLE, quickly installed, cost effective and will survive FUTURE FLOODS.
R1,500,000 Req R300,000 Min
American/South African Managed Company - JV partners and silent investors wanted. Diamonds - Diamond trading company re-start up $$ HIGH Returns, CIF South Africa, UAE, HK
R20,000,000 Req R100,000 Min
Drug and Alcohol abuse re-integration program - Medical Aid registered & social development of South - Africa
R2,750,000 Req R100,000 Min
iFOUNDiT is a mobile marketing business that offers a marketing & advertising platform through mobile smartphones and uses iBeacon technology to adopt location based services.
R1,000,000 Req R50,000 Min
Successful farming business. This is a cattle investment to expand a profitable business. No risk involved, only easy profit for you. Calves are bought, fattened up and sold.