MyGrowthFund Venture Partners wants to help businesses that suffered from the recent unrest in SA
After devastating losses to many small, medium and micro enterprises , venture firm MyGrowthFund Venture Partners, together with banking and financial services group Sasfin, have partnered to launch a R350m debt fund “to assist these businesses and, in doing so, boost the SA economy”.
Vusi Thembekwayo, CEO of MyGrowthFund Venture Partners, spoke to Business Day about persistent funding challenges that businesses, particularly those in tech, have faced even before the recent unrest or the Covid-19 pandemic. ..A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
How the welfare state has helped Sweden’s tech start-upsPayments firm Klarna prepares to stage one of the biggest European fintech company listings
Read more »
How the welfare state has helped Sweden’s tech start-upsPayments firm Klarna prepares to stage one of the biggest European fintech company listings
Read more »
Government aims to help 1,200 riot-hit businesses with R3.75bn fundAffected companies will receive interest-free loans for 24 months to rebuild infrastructure
Read more »
Unrest in SA hampers business confidence in JulyThe spate of looting and destruction during July was a setback to economic objectives of inclusivity, growth and job creation
Read more »
Unrest in SA hampers business confidence in JulyThe spate of looting and destruction during July was a setback to economic objectives of inclusivity, growth and job creation
Read more »
The best way to create jobs is to promote entrepreneurship among the poorLETTER: Capitalists and small foreign businesses have flooded the townships, where the poor live, and have taken over the economy.
Read more »