SMALL BUSINESS: JSE programme sets out to boost SME growth with mentor and capital access

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ARCHIVES: SMALL BUSINESS: JSE programme sets out to boost SME growth with mentor and capital access

The JSE Enterprise Acceleration Programme is open to founder-led, entrepreneurial companies with an annual turnover of R20-million that are looking to scale up through growing market share, accessing funding and improving their competitiveness.

“The JSE Enterprise Acceleration Programme will contribute towards the creation of a pipeline of high-performing, profitable and employment-generating businesses. We see our role as nurturing and enabling growth in companies that are primed to scale up quickly — helping them access new markets and capital,” says Cleola Kunene, the JSE’s SME Development Lead.

Valdene Reddy, Director for Capital Markets, says the idea is to get more companies fighting fit to access capital. Most of the five companies that participated in the pilot programme fell in the tech sector and boasted a high growth rate between 30% to 800% per annum:Signcraft Africa — a signage company boasting business offerings across the continent including Botswana, Zambia, Mozambique, Namibia, Kenya, Uganda, Tanzania, Rwanda, Burundi, Congo, Nigeria, Ghana, Mauritius and Seychelles;Saryx Engineering Group — which specialises in systems integration; andbased message authentication, reporting and...

 

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