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.
R4,000,000 Req R500,000 Min
Become a part of the business that will change the meat industry forever. We will help all South Africans to healthier meal and a healthier lifestyle.
R1,750,000 Req R1,000,000 Min
Existing infrastructure is running at full capacity. Capital is needed for expansion
R10,000,000 Req R500,000 Min
Rock drilling tools that outperform the world leaders by over 100%. With traceability software and innovative manufacturing we are ready to disrupt a global industry.
R50,000,000 Req R500,000 Min
Our Materials Recovery Facility plant will extract recyclables from waste, sell them to identified buyers, create long-term income for investors and employment for our staff
R15,000,000 Req R100,000 Min
AI-based, big data enabled, mobile and web medical platform, with an intelligent medical engine able to manage patient data and diagnose in the style of a real physician.
R2,000,000 Req R2,000,000 Min
This is a TV & entertainment game known as "Sports TV Game Show''. It will interface by riding on GSM mobile network and will generate a yearly revenue income of $1.8BN