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AGRICULTURAL FUNDING GUIDE +20 Business Funding Opportunities for Entrepreneurs in the Agricultural Sector. Choose from debt financing and venture capital, to government grants & incentives and prizes. BUSINESS OPPORTUNITIES MONTHLY The Africa’s Business Heroes Prize Competition is the Jack Ma Foundation’s flagship philanthropic program in Africa. The deadline for applications is 7 June 2021. The top ten finalists for 2021 will be announced in September. For more information and to apply, visit: www.AfricaBusinessHeroes.org. BUSINESS OPPORTUNITIES MONTHLY The deadline for submissions is 8 March 2021. The proposal must include an executive summary, business plan, fundraising plan, project organisation, and market assessment. Proposals can be emailed to ftshikovhi@seda.org.za or fmona@seda.org.za. For more information,read here.
STARTUP NEWS ROUNDUP –3 Bluedrop, a South African startup based in Johannesburg has secured a R300-million investment from Washington-based private equity fund J Sassoon Group. The investment will be used for the development of its liquefied petroleum gas (LPG) cylinder manufacturing plant, in the west of Johannesburg. In a statement, Bluedrop said the project aimsto
TOURISM TRENDS 2021
Tourism Trends 2021. Travellers will continue to insist on stringent health and hygiene protocols of suppliers well into 2021, says Dr Nomvuselelo Songelwa, Jurni South Africa CEO, on a prevailing tourism trend for 2021. Jurni, an online tourism hub, features various functionalities including a booking tool to improve the access ofsmall and
CONSUMER TRENDS 2021 On consumer trends for 2021 and the impact of COVID-19. According to the Rogerwilco 2020 South African Digital Customer Experience Report, 63% of respondents gather information online but prefer to transact in a physical brick and mortar environment. 74% cited digital’s 24/7 convenience as one of the main reasons for going online. A GUIDE TO LAUNCHING A RABBIT FARMING AGRIBUSINESSSEE MORE ON SMESOUTHAFRICA.CO.ZA ALL YOUR SARS VAT REGISTRATION FAQS ANSWERED All Your SARS VAT Registration FAQs Answered. There are three types of tax that are applicable to small businesses – turnover tax, employee taxes (PAYE, UIF and SDL) and VAT (Value-Added tax). In accordance with the VAT Act, registered VAT vendors have to issue proper tax invoices and charge their customers VAT at 15%, and pay this over to (NEW) A GUIDE TO OPENING A HAIR SALON SME SOUTH AFRICA ONLINE BUSINESS PUBLICATION AND PORTAL SME South Africa is an online business portal that provides strategic business content, tools and resources to enable SMEs to unlock theirgrowth potential.
AGRICULTURAL FUNDING GUIDE +20 Business Funding Opportunities for Entrepreneurs in the Agricultural Sector. Choose from debt financing and venture capital, to government grants & incentives and prizes. BUSINESS OPPORTUNITIES MONTHLY The Africa’s Business Heroes Prize Competition is the Jack Ma Foundation’s flagship philanthropic program in Africa. The deadline for applications is 7 June 2021. The top ten finalists for 2021 will be announced in September. For more information and to apply, visit: www.AfricaBusinessHeroes.org. BUSINESS OPPORTUNITIES MONTHLY The deadline for submissions is 8 March 2021. The proposal must include an executive summary, business plan, fundraising plan, project organisation, and market assessment. Proposals can be emailed to ftshikovhi@seda.org.za or fmona@seda.org.za. For more information,read here.
STARTUP NEWS ROUNDUP –3 Bluedrop, a South African startup based in Johannesburg has secured a R300-million investment from Washington-based private equity fund J Sassoon Group. The investment will be used for the development of its liquefied petroleum gas (LPG) cylinder manufacturing plant, in the west of Johannesburg. In a statement, Bluedrop said the project aimsto
TOURISM TRENDS 2021
Tourism Trends 2021. Travellers will continue to insist on stringent health and hygiene protocols of suppliers well into 2021, says Dr Nomvuselelo Songelwa, Jurni South Africa CEO, on a prevailing tourism trend for 2021. Jurni, an online tourism hub, features various functionalities including a booking tool to improve the access ofsmall and
CONSUMER TRENDS 2021 On consumer trends for 2021 and the impact of COVID-19. According to the Rogerwilco 2020 South African Digital Customer Experience Report, 63% of respondents gather information online but prefer to transact in a physical brick and mortar environment. 74% cited digital’s 24/7 convenience as one of the main reasons for going online. A GUIDE TO LAUNCHING A RABBIT FARMING AGRIBUSINESSSEE MORE ON SMESOUTHAFRICA.CO.ZA ALL YOUR SARS VAT REGISTRATION FAQS ANSWERED All Your SARS VAT Registration FAQs Answered. There are three types of tax that are applicable to small businesses – turnover tax, employee taxes (PAYE, UIF and SDL) and VAT (Value-Added tax). In accordance with the VAT Act, registered VAT vendors have to issue proper tax invoices and charge their customers VAT at 15%, and pay this over to (NEW) A GUIDE TO OPENING A HAIR SALON SME SOUTH AFRICA ONLINE BUSINESS PUBLICATION AND PORTAL SME South Africa is an online business portal that provides strategic business content, tools and resources to enable SMEs to unlock theirgrowth potential.
BUSINESS OPPORTUNITIES MONTHLY The Africa’s Business Heroes Prize Competition is the Jack Ma Foundation’s flagship philanthropic program in Africa. The deadline for applications is 7 June 2021. The top ten finalists for 2021 will be announced in September. For more information and to apply, visit: www.AfricaBusinessHeroes.org. STARTUP NEWS ROUNDUP LifeQ, a provider of biometrics and health information derived from wearable devices and used in world-leading health management solutions, announced it has secured $47 million from top investors around the world. LifeQ co-founders Laurence Olivier, CEO, BUSINESS OPPORTUNITIES MONTHLY The deadline for submissions is 8 March 2021. The proposal must include an executive summary, business plan, fundraising plan, project organisation, and market assessment. Proposals can be emailed to ftshikovhi@seda.org.za or fmona@seda.org.za. For more information,read here.
COVID-19: PAYMENT RELIEF AND GOVERNMENT INTERVENTIONS| SME SA COVID-19 relief funding for community media opens for applications. The second phase of the COVID-19 Emergency Relief Funding for all community and small commercial (SCM) media projects is now open for applications. “This follows the end of the first phase of the fund, which ran in March and April of 2020, with some R10 million beingTOURISM TRENDS 2021
Tourism Trends 2021. Travellers will continue to insist on stringent health and hygiene protocols of suppliers well into 2021, says Dr Nomvuselelo Songelwa, Jurni South Africa CEO, on a prevailing tourism trend for 2021. Jurni, an online tourism hub, features various functionalities including a booking tool to improve the access ofsmall and
TOWNSHIP BUSINESS IDEAS AND OPPORTUNITIES Township Business Ideas and Opportunities UPDATE: This article forms part of SME South Africa’s Township Entrepreneurship series. This article was originally published in October 2018, due to its popularity it’s been updated with brand new township business ideas in South Africa by Melissa Javan on 1 February 2021. A LIST OF INVESTORS THAT BACK SA STARTUPS Naspers Foundry is a R1.4 billion startup fund that backs South Africa-focused technology startups. Naspers has said it will invest a total of R4.6-billion over the next three years in the local technology sector. The Vumela Fund, a R588 million social venture capital fund, is managed by Edge Growth on behalf of the VumelaTrustees.
ACCESS FUNDING FOR WOMEN-OWNED BUSINESSES Here is a list of funds and financial assistance programmes that provide funding for women entrepreneurs in South Africa. 1. Enablis Acceleration Fund. The Enablis Acceleration Fund is a partnership between Enablis Financial Corporation SA (Pty) Ltd and Khula Enterprise Finance Limited. The main objective of the fund is to improve access to SME SOUTH AFRICAN WOMEN ENTREPRENEURS WHO WON 2020| SME SA 4. Celeste Margo Le Roux. South African women entrepreneur, Le Roux, is the co-founder React24 and React Training College and the latest winner of the prestigious title of Standard Bank’s Top Woman Entrepreneur for 2020. Earlier this year Le Roux was also announced the winner of the 2020 Woman Mentor of the Year at the inauguralEmpowerment
SME SOUTH AFRICA ONLINE BUSINESS PUBLICATION AND PORTAL SME South Africa is an online business portal that provides strategic business content, tools and resources to enable SMEs to unlock theirgrowth potential.
AGRICULTURAL FUNDING GUIDE +20 Business Funding Opportunities for Entrepreneurs in the Agricultural Sector. Choose from debt financing and venture capital, to government grants & incentives and prizes. BUSINESS OPPORTUNITIES MONTHLY The Africa’s Business Heroes Prize Competition is the Jack Ma Foundation’s flagship philanthropic program in Africa. The deadline for applications is 7 June 2021. The top ten finalists for 2021 will be announced in September. For more information and to apply, visit: www.AfricaBusinessHeroes.org. BUSINESS OPPORTUNITIES MONTHLY The deadline for submissions is 8 March 2021. The proposal must include an executive summary, business plan, fundraising plan, project organisation, and market assessment. Proposals can be emailed to ftshikovhi@seda.org.za or fmona@seda.org.za. For more information,read here.
STARTUP NEWS ROUNDUP –3 Bluedrop, a South African startup based in Johannesburg has secured a R300-million investment from Washington-based private equity fund J Sassoon Group. The investment will be used for the development of its liquefied petroleum gas (LPG) cylinder manufacturing plant, in the west of Johannesburg. In a statement, Bluedrop said the project aimsto
TOURISM TRENDS 2021
Tourism Trends 2021. Travellers will continue to insist on stringent health and hygiene protocols of suppliers well into 2021, says Dr Nomvuselelo Songelwa, Jurni South Africa CEO, on a prevailing tourism trend for 2021. Jurni, an online tourism hub, features various functionalities including a booking tool to improve the access ofsmall and
CONSUMER TRENDS 2021 On consumer trends for 2021 and the impact of COVID-19. According to the Rogerwilco 2020 South African Digital Customer Experience Report, 63% of respondents gather information online but prefer to transact in a physical brick and mortar environment. 74% cited digital’s 24/7 convenience as one of the main reasons for going online. A GUIDE TO LAUNCHING A RABBIT FARMING AGRIBUSINESSSEE MORE ON SMESOUTHAFRICA.CO.ZA ALL YOUR SARS VAT REGISTRATION FAQS ANSWERED All Your SARS VAT Registration FAQs Answered. There are three types of tax that are applicable to small businesses – turnover tax, employee taxes (PAYE, UIF and SDL) and VAT (Value-Added tax). In accordance with the VAT Act, registered VAT vendors have to issue proper tax invoices and charge their customers VAT at 15%, and pay this over to (NEW) A GUIDE TO OPENING A HAIR SALON SME SOUTH AFRICA ONLINE BUSINESS PUBLICATION AND PORTAL SME South Africa is an online business portal that provides strategic business content, tools and resources to enable SMEs to unlock theirgrowth potential.
AGRICULTURAL FUNDING GUIDE +20 Business Funding Opportunities for Entrepreneurs in the Agricultural Sector. Choose from debt financing and venture capital, to government grants & incentives and prizes. BUSINESS OPPORTUNITIES MONTHLY The Africa’s Business Heroes Prize Competition is the Jack Ma Foundation’s flagship philanthropic program in Africa. The deadline for applications is 7 June 2021. The top ten finalists for 2021 will be announced in September. For more information and to apply, visit: www.AfricaBusinessHeroes.org. BUSINESS OPPORTUNITIES MONTHLY The deadline for submissions is 8 March 2021. The proposal must include an executive summary, business plan, fundraising plan, project organisation, and market assessment. Proposals can be emailed to ftshikovhi@seda.org.za or fmona@seda.org.za. For more information,read here.
STARTUP NEWS ROUNDUP –3 Bluedrop, a South African startup based in Johannesburg has secured a R300-million investment from Washington-based private equity fund J Sassoon Group. The investment will be used for the development of its liquefied petroleum gas (LPG) cylinder manufacturing plant, in the west of Johannesburg. In a statement, Bluedrop said the project aimsto
TOURISM TRENDS 2021
Tourism Trends 2021. Travellers will continue to insist on stringent health and hygiene protocols of suppliers well into 2021, says Dr Nomvuselelo Songelwa, Jurni South Africa CEO, on a prevailing tourism trend for 2021. Jurni, an online tourism hub, features various functionalities including a booking tool to improve the access ofsmall and
CONSUMER TRENDS 2021 On consumer trends for 2021 and the impact of COVID-19. According to the Rogerwilco 2020 South African Digital Customer Experience Report, 63% of respondents gather information online but prefer to transact in a physical brick and mortar environment. 74% cited digital’s 24/7 convenience as one of the main reasons for going online. A GUIDE TO LAUNCHING A RABBIT FARMING AGRIBUSINESSSEE MORE ON SMESOUTHAFRICA.CO.ZA ALL YOUR SARS VAT REGISTRATION FAQS ANSWERED All Your SARS VAT Registration FAQs Answered. There are three types of tax that are applicable to small businesses – turnover tax, employee taxes (PAYE, UIF and SDL) and VAT (Value-Added tax). In accordance with the VAT Act, registered VAT vendors have to issue proper tax invoices and charge their customers VAT at 15%, and pay this over to (NEW) A GUIDE TO OPENING A HAIR SALON SME SOUTH AFRICA ONLINE BUSINESS PUBLICATION AND PORTAL SME South Africa is an online business portal that provides strategic business content, tools and resources to enable SMEs to unlock theirgrowth potential.
BUSINESS OPPORTUNITIES MONTHLY The Africa’s Business Heroes Prize Competition is the Jack Ma Foundation’s flagship philanthropic program in Africa. The deadline for applications is 7 June 2021. The top ten finalists for 2021 will be announced in September. For more information and to apply, visit: www.AfricaBusinessHeroes.org. STARTUP NEWS ROUNDUP LifeQ, a provider of biometrics and health information derived from wearable devices and used in world-leading health management solutions, announced it has secured $47 million from top investors around the world. LifeQ co-founders Laurence Olivier, CEO, BUSINESS OPPORTUNITIES MONTHLY The deadline for submissions is 8 March 2021. The proposal must include an executive summary, business plan, fundraising plan, project organisation, and market assessment. Proposals can be emailed to ftshikovhi@seda.org.za or fmona@seda.org.za. For more information,read here.
COVID-19: PAYMENT RELIEF AND GOVERNMENT INTERVENTIONS| SME SA COVID-19 relief funding for community media opens for applications. The second phase of the COVID-19 Emergency Relief Funding for all community and small commercial (SCM) media projects is now open for applications. “This follows the end of the first phase of the fund, which ran in March and April of 2020, with some R10 million beingTOURISM TRENDS 2021
Tourism Trends 2021. Travellers will continue to insist on stringent health and hygiene protocols of suppliers well into 2021, says Dr Nomvuselelo Songelwa, Jurni South Africa CEO, on a prevailing tourism trend for 2021. Jurni, an online tourism hub, features various functionalities including a booking tool to improve the access ofsmall and
TOWNSHIP BUSINESS IDEAS AND OPPORTUNITIES Township Business Ideas and Opportunities UPDATE: This article forms part of SME South Africa’s Township Entrepreneurship series. This article was originally published in October 2018, due to its popularity it’s been updated with brand new township business ideas in South Africa by Melissa Javan on 1 February 2021. A LIST OF INVESTORS THAT BACK SA STARTUPS Naspers Foundry is a R1.4 billion startup fund that backs South Africa-focused technology startups. Naspers has said it will invest a total of R4.6-billion over the next three years in the local technology sector. The Vumela Fund, a R588 million social venture capital fund, is managed by Edge Growth on behalf of the VumelaTrustees.
ACCESS FUNDING FOR WOMEN-OWNED BUSINESSES Here is a list of funds and financial assistance programmes that provide funding for women entrepreneurs in South Africa. 1. Enablis Acceleration Fund. The Enablis Acceleration Fund is a partnership between Enablis Financial Corporation SA (Pty) Ltd and Khula Enterprise Finance Limited. The main objective of the fund is to improve access to SME SOUTH AFRICAN WOMEN ENTREPRENEURS WHO WON 2020| SME SA 4. Celeste Margo Le Roux. South African women entrepreneur, Le Roux, is the co-founder React24 and React Training College and the latest winner of the prestigious title of Standard Bank’s Top Woman Entrepreneur for 2020. Earlier this year Le Roux was also announced the winner of the 2020 Woman Mentor of the Year at the inauguralEmpowerment
AGRICULTURAL FUNDING GUIDE +20 Business Funding Opportunities for Entrepreneurs in the Agricultural Sector. Choose from debt financing and venture capital, to government grants & incentives and prizes. A GUIDE TO GOVERNMENT FUNDING FOR SMES The South African government offers a number of funding instruments for small businesses. See also: COVID-19: Payment Relief and Other Government and Private Sector Interventions for SMEs Ranging from grants to incentives, each offer STARTUP NEWS ROUNDUP –3 Bluedrop, a South African startup based in Johannesburg has secured a R300-million investment from Washington-based private equity fund J Sassoon Group. The investment will be used for the development of its liquefied petroleum gas (LPG) cylinder manufacturing plant, in the west of Johannesburg. In a statement, Bluedrop said the project aimsto
A LIST OF INVESTORS THAT BACK SA STARTUPS Naspers Foundry is a R1.4 billion startup fund that backs South Africa-focused technology startups. Naspers has said it will invest a total of R4.6-billion over the next three years in the local technology sector. The Vumela Fund, a R588 million social venture capital fund, is managed by Edge Growth on behalf of the VumelaTrustees.
PRACTICAL IDEAS TO HELP YOU PREPARE FOR POPIA LICENSING AND PERMITS FOR THE FOOD INDUSTRY The food service industry is made of restaurants, hotels and inns, as well as catering and vending companies. The most important regulations that business owners in this sector have to comply with are health and safety permits, licenses for the selling of liquor and tobacco as well as zoning permit to operate in certain locations. THE MAJOR REASONS SMES ARE GETTING REJECTED FOR FUNDING Requiring funding for your business is still one of the biggest challenges a lot of SMEs have. In a recent SME Landscape Report released by SME South Africa, around a third of SME owners (32.4%) who took part in the survey, indicated that there is a need to increase access to funding.. This finding was revealed as an answer to an open-ended question about the areas of critical support needed STANDARD BANK CAMPAIGN TO HELP YOUNG ENTREPRENEURS Standard Bank has launched a new campaign to help South Africa’s budding entrepreneurs turn their side hustles into their main hustles by providing them with funding equivalent to as much as one year’s salary in order to encourage them to take the plunge and start their own business without the fear of losing their monthly income. KHULA! FARMING APP THAT HELPS EMERGING BLACK FARMERS Farming App that Helps Emerging Black Farmers is SA’s Best Business App. Khula! a South African app and supply-chain solution took top honours at this year’s MTN Business App Of The Year Awards. The awards which promote the development of home grown apps are about enabling and showcasing South Africa’s innovation talent. 5 LOCAL MEAL DELIVERY STARTUPS THAT WILL HAVE YOU EATING Servd Fresh. Lunch option from Servd Fresh. About: Servd Fresh is a Johannesburg-based startup launched in 2009 by Bridget Van As and Robert Hope. They originally started out as a healthy meal home and office delivery service catering for people looking to lose weight or are simply looking to lead a healthier lifestyle. AGRICULTURAL FUNDING GUIDE +20 Business Funding Opportunities for Entrepreneurs in the Agricultural Sector. Choose from debt financing and venture capital, to government grants & incentives and prizes. A GUIDE TO GOVERNMENT FUNDING FOR SMES The South African government offers a number of funding instruments for small businesses. See also: COVID-19: Payment Relief and Other Government and Private Sector Interventions for SMEs Ranging from grants to incentives, each offer STARTUP NEWS ROUNDUP –3 Bluedrop, a South African startup based in Johannesburg has secured a R300-million investment from Washington-based private equity fund J Sassoon Group. The investment will be used for the development of its liquefied petroleum gas (LPG) cylinder manufacturing plant, in the west of Johannesburg. In a statement, Bluedrop said the project aimsto
A LIST OF INVESTORS THAT BACK SA STARTUPS Naspers Foundry is a R1.4 billion startup fund that backs South Africa-focused technology startups. Naspers has said it will invest a total of R4.6-billion over the next three years in the local technology sector. The Vumela Fund, a R588 million social venture capital fund, is managed by Edge Growth on behalf of the VumelaTrustees.
PRACTICAL IDEAS TO HELP YOU PREPARE FOR POPIA LICENSING AND PERMITS FOR THE FOOD INDUSTRY The food service industry is made of restaurants, hotels and inns, as well as catering and vending companies. The most important regulations that business owners in this sector have to comply with are health and safety permits, licenses for the selling of liquor and tobacco as well as zoning permit to operate in certain locations. THE MAJOR REASONS SMES ARE GETTING REJECTED FOR FUNDING Requiring funding for your business is still one of the biggest challenges a lot of SMEs have. In a recent SME Landscape Report released by SME South Africa, around a third of SME owners (32.4%) who took part in the survey, indicated that there is a need to increase access to funding.. This finding was revealed as an answer to an open-ended question about the areas of critical support needed STANDARD BANK CAMPAIGN TO HELP YOUNG ENTREPRENEURS Standard Bank has launched a new campaign to help South Africa’s budding entrepreneurs turn their side hustles into their main hustles by providing them with funding equivalent to as much as one year’s salary in order to encourage them to take the plunge and start their own business without the fear of losing their monthly income. KHULA! FARMING APP THAT HELPS EMERGING BLACK FARMERS Farming App that Helps Emerging Black Farmers is SA’s Best Business App. Khula! a South African app and supply-chain solution took top honours at this year’s MTN Business App Of The Year Awards. The awards which promote the development of home grown apps are about enabling and showcasing South Africa’s innovation talent. 5 LOCAL MEAL DELIVERY STARTUPS THAT WILL HAVE YOU EATING Servd Fresh. Lunch option from Servd Fresh. About: Servd Fresh is a Johannesburg-based startup launched in 2009 by Bridget Van As and Robert Hope. They originally started out as a healthy meal home and office delivery service catering for people looking to lose weight or are simply looking to lead a healthier lifestyle. FUNDING | SME SOUTH AFRICA What do you need finance for? Purchase order/Tender finance – Access financing to fulfill a large purchase order from a government or corporate client.; Working capital finance - Boost the working capital available to your business to cover day-to-day trade and operations.; Unsecured loan – Get access to a loan not backed by collateral orsecurity.
STARTUP NEWS ROUNDUP 1 day ago · LifeQ, a provider of biometrics and health information derived from wearable devices and used in world-leading health management solutions, announced it has secured $47 million from top investors around the world. LifeQ co-founders Laurence Olivier, CEO, A GUIDE TO GOVERNMENT FUNDING FOR SMES The South African government offers a number of funding instruments for small businesses. See also: COVID-19: Payment Relief and Other Government and Private Sector Interventions for SMEs Ranging from grants to incentives, each offer TOWNSHIP BUSINESS IDEAS AND OPPORTUNITIES Township Business Ideas and Opportunities UPDATE: This article forms part of SME South Africa’s Township Entrepreneurship series. This article was originally published in October 2018, due to its popularity it’s been updated with brand new township business ideas in South Africa by Melissa Javan on 1 February 2021. FREE OR CHEAP ONLINE COURSES FOR SMALL BUSINESSES Udemy for Business allows employers to upskill their employees. It’s free for a 14-day trial, thereafter prices start from US$240 (from R3407,84) per user per annum (price depends on the amount of users you want to include in the package). 8. Massive Open Online Courses(MOOCs) or Edx.org.
ACCESS FUNDING FOR WOMEN-OWNED BUSINESSES Here is a list of funds and financial assistance programmes that provide funding for women entrepreneurs in South Africa. 1. Enablis Acceleration Fund. The Enablis Acceleration Fund is a partnership between Enablis Financial Corporation SA (Pty) Ltd and Khula Enterprise Finance Limited. The main objective of the fund is to improve access to SME A LIST OF INVESTORS THAT BACK SA STARTUPS Naspers Foundry is a R1.4 billion startup fund that backs South Africa-focused technology startups. Naspers has said it will invest a total of R4.6-billion over the next three years in the local technology sector. The Vumela Fund, a R588 million social venture capital fund, is managed by Edge Growth on behalf of the VumelaTrustees.
FIND OUT IF YOUR BUSINESS NEEDS A TRADE LICENSE Before joining any queues, first call your local council to confirm whether or not you need a business or trade license, and where you can obtain the necessary information and application forms. 3. Check for additional requirements. Also find out whether or not your business will require any additional permits or certificates. LICENSING AND PERMITS FOR THE FOOD INDUSTRY The food service industry is made of restaurants, hotels and inns, as well as catering and vending companies. The most important regulations that business owners in this sector have to comply with are health and safety permits, licenses for the selling of liquor and tobacco as well as zoning permit to operate in certain locations. ALL YOUR SARS VAT REGISTRATION FAQS ANSWERED All Your SARS VAT Registration FAQs Answered. There are three types of tax that are applicable to small businesses – turnover tax, employee taxes (PAYE, UIF and SDL) and VAT (Value-Added tax). In accordance with the VAT Act, registered VAT vendors have to issue proper tax invoices and charge their customers VAT at 15%, and pay this over to BUSINESS OPPORTUNITIES MONTHLY The Africa’s Business Heroes Prize Competition is the Jack Ma Foundation’s flagship philanthropic program in Africa. The deadline for applications is 7 June 2021. The top ten finalists for 2021 will be announced in September. For more information and to apply, visit: www.AfricaBusinessHeroes.org. AGRICULTURAL FUNDING GUIDE +20 Business Funding Opportunities for Entrepreneurs in the Agricultural Sector. Choose from debt financing and venture capital, to government grants & incentives and prizes. STARTUP NEWS ROUNDUP –3 Bluedrop, a South African startup based in Johannesburg has secured a R300-million investment from Washington-based private equity fund J Sassoon Group. The investment will be used for the development of its liquefied petroleum gas (LPG) cylinder manufacturing plant, in the west of Johannesburg. In a statement, Bluedrop said the project aimsto
BUSINESS OPPORTUNITIES MONTHLY The deadline for submissions is 8 March 2021. The proposal must include an executive summary, business plan, fundraising plan, project organisation, and market assessment. Proposals can be emailed to ftshikovhi@seda.org.za or fmona@seda.org.za. For more information,read here.
TOURISM TRENDS 2021
Tourism Trends 2021. Travellers will continue to insist on stringent health and hygiene protocols of suppliers well into 2021, says Dr Nomvuselelo Songelwa, Jurni South Africa CEO, on a prevailing tourism trend for 2021. Jurni, an online tourism hub, features various functionalities including a booking tool to improve the access ofsmall and
FREE OR CHEAP ONLINE COURSES FOR SMALL BUSINESSES Udemy for Business allows employers to upskill their employees. It’s free for a 14-day trial, thereafter prices start from US$240 (from R3407,84) per user per annum (price depends on the amount of users you want to include in the package). 8. Massive Open Online Courses(MOOCs) or Edx.org.
AGRICULTURE TRENDS 2021 However, industries that struggled during 2020 due to the lockdown regulations (e.g. wine, tobacco and hunting), will still struggle to recover in 2021. The economic downturn will also have a prolonged impact on consumer spending and in turn agriculture. The pandemic elicited some unfavourable trade practices such as export bans tosafeguard
FIND OUT IF YOUR BUSINESS NEEDS A TRADE LICENSE Before joining any queues, first call your local council to confirm whether or not you need a business or trade license, and where you can obtain the necessary information and application forms. 3. Check for additional requirements. Also find out whether or not your business will require any additional permits or certificates. 13 YOUTH INITIATIVES AND SUPPORT NETWORKS TO JOIN 11. Junior Achievement South Africa (JASA) (Moguls in the Making) JASA is an organisation that empowers the youth through the provision of practical skills in entrepreneurship, financial literacy and work readiness. JASA offers programmes to learners in primary schools, high schools and out of school. SOUTH AFRICA'S ENTREPRENEURSHIP LEVELS HAVE DROPPED The percentage of adult South Africans involved in entrepreneurial activity has dropped by 34% since 2013. This is according to the Global Entrepreneur Monitor (GEM) 2014 report published last month. The percentage of adults in South Africa involved in a business that are less than three-and-a-half years old (also known as early-stage entreprenerus) fell to 6.97% last year from a 13-year high BUSINESS OPPORTUNITIES MONTHLY The Africa’s Business Heroes Prize Competition is the Jack Ma Foundation’s flagship philanthropic program in Africa. The deadline for applications is 7 June 2021. The top ten finalists for 2021 will be announced in September. For more information and to apply, visit: www.AfricaBusinessHeroes.org. AGRICULTURAL FUNDING GUIDE +20 Business Funding Opportunities for Entrepreneurs in the Agricultural Sector. Choose from debt financing and venture capital, to government grants & incentives and prizes. STARTUP NEWS ROUNDUP –3 Bluedrop, a South African startup based in Johannesburg has secured a R300-million investment from Washington-based private equity fund J Sassoon Group. The investment will be used for the development of its liquefied petroleum gas (LPG) cylinder manufacturing plant, in the west of Johannesburg. In a statement, Bluedrop said the project aimsto
BUSINESS OPPORTUNITIES MONTHLY The deadline for submissions is 8 March 2021. The proposal must include an executive summary, business plan, fundraising plan, project organisation, and market assessment. Proposals can be emailed to ftshikovhi@seda.org.za or fmona@seda.org.za. For more information,read here.
TOURISM TRENDS 2021
Tourism Trends 2021. Travellers will continue to insist on stringent health and hygiene protocols of suppliers well into 2021, says Dr Nomvuselelo Songelwa, Jurni South Africa CEO, on a prevailing tourism trend for 2021. Jurni, an online tourism hub, features various functionalities including a booking tool to improve the access ofsmall and
FREE OR CHEAP ONLINE COURSES FOR SMALL BUSINESSES Udemy for Business allows employers to upskill their employees. It’s free for a 14-day trial, thereafter prices start from US$240 (from R3407,84) per user per annum (price depends on the amount of users you want to include in the package). 8. Massive Open Online Courses(MOOCs) or Edx.org.
AGRICULTURE TRENDS 2021 However, industries that struggled during 2020 due to the lockdown regulations (e.g. wine, tobacco and hunting), will still struggle to recover in 2021. The economic downturn will also have a prolonged impact on consumer spending and in turn agriculture. The pandemic elicited some unfavourable trade practices such as export bans tosafeguard
FIND OUT IF YOUR BUSINESS NEEDS A TRADE LICENSE Before joining any queues, first call your local council to confirm whether or not you need a business or trade license, and where you can obtain the necessary information and application forms. 3. Check for additional requirements. Also find out whether or not your business will require any additional permits or certificates. 13 YOUTH INITIATIVES AND SUPPORT NETWORKS TO JOIN 11. Junior Achievement South Africa (JASA) (Moguls in the Making) JASA is an organisation that empowers the youth through the provision of practical skills in entrepreneurship, financial literacy and work readiness. JASA offers programmes to learners in primary schools, high schools and out of school. SOUTH AFRICA'S ENTREPRENEURSHIP LEVELS HAVE DROPPED The percentage of adult South Africans involved in entrepreneurial activity has dropped by 34% since 2013. This is according to the Global Entrepreneur Monitor (GEM) 2014 report published last month. The percentage of adults in South Africa involved in a business that are less than three-and-a-half years old (also known as early-stage entreprenerus) fell to 6.97% last year from a 13-year high FUNDING | SME SOUTH AFRICA What do you need finance for? Purchase order/Tender finance – Access financing to fulfill a large purchase order from a government or corporate client.; Working capital finance - Boost the working capital available to your business to cover day-to-day trade and operations.; Unsecured loan – Get access to a loan not backed by collateral orsecurity.
STARTUP NEWS ROUNDUP 1 day ago · LifeQ, a provider of biometrics and health information derived from wearable devices and used in world-leading health management solutions, announced it has secured $47 million from top investors around the world. LifeQ co-founders Laurence Olivier, CEO, BUSINESS OPPORTUNITIES MONTHLY The deadline for submissions is 8 March 2021. The proposal must include an executive summary, business plan, fundraising plan, project organisation, and market assessment. Proposals can be emailed to ftshikovhi@seda.org.za or fmona@seda.org.za. For more information,read here.
AGRICULTURE TRENDS 2021 However, industries that struggled during 2020 due to the lockdown regulations (e.g. wine, tobacco and hunting), will still struggle to recover in 2021. The economic downturn will also have a prolonged impact on consumer spending and in turn agriculture. The pandemic elicited some unfavourable trade practices such as export bans tosafeguard
TOURISM TRENDS 2021
Tourism Trends 2021. Travellers will continue to insist on stringent health and hygiene protocols of suppliers well into 2021, says Dr Nomvuselelo Songelwa, Jurni South Africa CEO, on a prevailing tourism trend for 2021. Jurni, an online tourism hub, features various functionalities including a booking tool to improve the access ofsmall and
ACCESS FUNDING FOR WOMEN-OWNED BUSINESSES Here is a list of funds and financial assistance programmes that provide funding for women entrepreneurs in South Africa. 1. Enablis Acceleration Fund. The Enablis Acceleration Fund is a partnership between Enablis Financial Corporation SA (Pty) Ltd and Khula Enterprise Finance Limited. The main objective of the fund is to improve access to SME FUNDING BUSINESS THROUGH PROPERTY REFINANCING Funding for your business. Getting a tax-free, lump-sum will help your business go an extra mile on its quest for success. By exploring this method, one not only has a much more controlled mortgage loan but a much needed cash injection into their business. The other benefit to this method is that the money obtained from refinancing gets paid FIND OUT IF YOUR BUSINESS NEEDS A TRADE LICENSE Before joining any queues, first call your local council to confirm whether or not you need a business or trade license, and where you can obtain the necessary information and application forms. 3. Check for additional requirements. Also find out whether or not your business will require any additional permits or certificates. LICENSING AND PERMITS FOR THE FOOD INDUSTRY The food service industry is made of restaurants, hotels and inns, as well as catering and vending companies. The most important regulations that business owners in this sector have to comply with are health and safety permits, licenses for the selling of liquor and tobacco as well as zoning permit to operate in certain locations. ENTERPRISE AND SUPPLIER DEVELOPMENT Enterprise and Supplier Development – 8 Mistakes SMEs Are Making. A good Enterprise Supplier Development (ESD) Programme has the potential to be life changing for a small business by helping to expand its market access. ESD which forms part of B-BBEE Code of Good Practice, involves the upliftment of a small company in which a larger company AGRICULTURAL FUNDING GUIDE +20 Business Funding Opportunities for Entrepreneurs in the Agricultural Sector. Choose from debt financing and venture capital, to government grants & incentives and prizes. A GUIDE TO GOVERNMENT FUNDING FOR SMES The South African government offers a number of funding instruments for small businesses. See also: COVID-19: Payment Relief and Other Government and Private Sector Interventions for SMEs Ranging from grants to incentives, each offer STARTUP NEWS ROUNDUP –3 Bluedrop, a South African startup based in Johannesburg has secured a R300-million investment from Washington-based private equity fund J Sassoon Group. The investment will be used for the development of its liquefied petroleum gas (LPG) cylinder manufacturing plant, in the west of Johannesburg. In a statement, Bluedrop said the project aimsto
A LIST OF INVESTORS THAT BACK SA STARTUPS Naspers Foundry is a R1.4 billion startup fund that backs South Africa-focused technology startups. Naspers has said it will invest a total of R4.6-billion over the next three years in the local technology sector. The Vumela Fund, a R588 million social venture capital fund, is managed by Edge Growth on behalf of the VumelaTrustees.
PRACTICAL IDEAS TO HELP YOU PREPARE FOR POPIA LICENSING AND PERMITS FOR THE FOOD INDUSTRY The food service industry is made of restaurants, hotels and inns, as well as catering and vending companies. The most important regulations that business owners in this sector have to comply with are health and safety permits, licenses for the selling of liquor and tobacco as well as zoning permit to operate in certain locations. THE MAJOR REASONS SMES ARE GETTING REJECTED FOR FUNDING Requiring funding for your business is still one of the biggest challenges a lot of SMEs have. In a recent SME Landscape Report released by SME South Africa, around a third of SME owners (32.4%) who took part in the survey, indicated that there is a need to increase access to funding.. This finding was revealed as an answer to an open-ended question about the areas of critical support needed STANDARD BANK CAMPAIGN TO HELP YOUNG ENTREPRENEURS Standard Bank has launched a new campaign to help South Africa’s budding entrepreneurs turn their side hustles into their main hustles by providing them with funding equivalent to as much as one year’s salary in order to encourage them to take the plunge and start their own business without the fear of losing their monthly income. KHULA! FARMING APP THAT HELPS EMERGING BLACK FARMERS Farming App that Helps Emerging Black Farmers is SA’s Best Business App. Khula! a South African app and supply-chain solution took top honours at this year’s MTN Business App Of The Year Awards. The awards which promote the development of home grown apps are about enabling and showcasing South Africa’s innovation talent. 5 LOCAL MEAL DELIVERY STARTUPS THAT WILL HAVE YOU EATING Servd Fresh. Lunch option from Servd Fresh. About: Servd Fresh is a Johannesburg-based startup launched in 2009 by Bridget Van As and Robert Hope. They originally started out as a healthy meal home and office delivery service catering for people looking to lose weight or are simply looking to lead a healthier lifestyle. AGRICULTURAL FUNDING GUIDE +20 Business Funding Opportunities for Entrepreneurs in the Agricultural Sector. Choose from debt financing and venture capital, to government grants & incentives and prizes. A GUIDE TO GOVERNMENT FUNDING FOR SMES The South African government offers a number of funding instruments for small businesses. See also: COVID-19: Payment Relief and Other Government and Private Sector Interventions for SMEs Ranging from grants to incentives, each offer STARTUP NEWS ROUNDUP –3 Bluedrop, a South African startup based in Johannesburg has secured a R300-million investment from Washington-based private equity fund J Sassoon Group. The investment will be used for the development of its liquefied petroleum gas (LPG) cylinder manufacturing plant, in the west of Johannesburg. In a statement, Bluedrop said the project aimsto
A LIST OF INVESTORS THAT BACK SA STARTUPS Naspers Foundry is a R1.4 billion startup fund that backs South Africa-focused technology startups. Naspers has said it will invest a total of R4.6-billion over the next three years in the local technology sector. The Vumela Fund, a R588 million social venture capital fund, is managed by Edge Growth on behalf of the VumelaTrustees.
PRACTICAL IDEAS TO HELP YOU PREPARE FOR POPIA LICENSING AND PERMITS FOR THE FOOD INDUSTRY The food service industry is made of restaurants, hotels and inns, as well as catering and vending companies. The most important regulations that business owners in this sector have to comply with are health and safety permits, licenses for the selling of liquor and tobacco as well as zoning permit to operate in certain locations. THE MAJOR REASONS SMES ARE GETTING REJECTED FOR FUNDING Requiring funding for your business is still one of the biggest challenges a lot of SMEs have. In a recent SME Landscape Report released by SME South Africa, around a third of SME owners (32.4%) who took part in the survey, indicated that there is a need to increase access to funding.. This finding was revealed as an answer to an open-ended question about the areas of critical support needed STANDARD BANK CAMPAIGN TO HELP YOUNG ENTREPRENEURS Standard Bank has launched a new campaign to help South Africa’s budding entrepreneurs turn their side hustles into their main hustles by providing them with funding equivalent to as much as one year’s salary in order to encourage them to take the plunge and start their own business without the fear of losing their monthly income. KHULA! FARMING APP THAT HELPS EMERGING BLACK FARMERS Farming App that Helps Emerging Black Farmers is SA’s Best Business App. Khula! a South African app and supply-chain solution took top honours at this year’s MTN Business App Of The Year Awards. The awards which promote the development of home grown apps are about enabling and showcasing South Africa’s innovation talent. 5 LOCAL MEAL DELIVERY STARTUPS THAT WILL HAVE YOU EATING Servd Fresh. Lunch option from Servd Fresh. About: Servd Fresh is a Johannesburg-based startup launched in 2009 by Bridget Van As and Robert Hope. They originally started out as a healthy meal home and office delivery service catering for people looking to lose weight or are simply looking to lead a healthier lifestyle. FUNDING | SME SOUTH AFRICA What do you need finance for? Purchase order/Tender finance – Access financing to fulfill a large purchase order from a government or corporate client.; Working capital finance - Boost the working capital available to your business to cover day-to-day trade and operations.; Unsecured loan – Get access to a loan not backed by collateral orsecurity.
STARTUP NEWS ROUNDUP 1 day ago · LifeQ, a provider of biometrics and health information derived from wearable devices and used in world-leading health management solutions, announced it has secured $47 million from top investors around the world. LifeQ co-founders Laurence Olivier, CEO, A GUIDE TO GOVERNMENT FUNDING FOR SMES The South African government offers a number of funding instruments for small businesses. See also: COVID-19: Payment Relief and Other Government and Private Sector Interventions for SMEs Ranging from grants to incentives, each offer TOWNSHIP BUSINESS IDEAS AND OPPORTUNITIES Township Business Ideas and Opportunities UPDATE: This article forms part of SME South Africa’s Township Entrepreneurship series. This article was originally published in October 2018, due to its popularity it’s been updated with brand new township business ideas in South Africa by Melissa Javan on 1 February 2021. FREE OR CHEAP ONLINE COURSES FOR SMALL BUSINESSES Udemy for Business allows employers to upskill their employees. It’s free for a 14-day trial, thereafter prices start from US$240 (from R3407,84) per user per annum (price depends on the amount of users you want to include in the package). 8. Massive Open Online Courses(MOOCs) or Edx.org.
ACCESS FUNDING FOR WOMEN-OWNED BUSINESSES Here is a list of funds and financial assistance programmes that provide funding for women entrepreneurs in South Africa. 1. Enablis Acceleration Fund. The Enablis Acceleration Fund is a partnership between Enablis Financial Corporation SA (Pty) Ltd and Khula Enterprise Finance Limited. The main objective of the fund is to improve access to SME A LIST OF INVESTORS THAT BACK SA STARTUPS Naspers Foundry is a R1.4 billion startup fund that backs South Africa-focused technology startups. Naspers has said it will invest a total of R4.6-billion over the next three years in the local technology sector. The Vumela Fund, a R588 million social venture capital fund, is managed by Edge Growth on behalf of the VumelaTrustees.
FIND OUT IF YOUR BUSINESS NEEDS A TRADE LICENSE Before joining any queues, first call your local council to confirm whether or not you need a business or trade license, and where you can obtain the necessary information and application forms. 3. Check for additional requirements. Also find out whether or not your business will require any additional permits or certificates. LICENSING AND PERMITS FOR THE FOOD INDUSTRY The food service industry is made of restaurants, hotels and inns, as well as catering and vending companies. The most important regulations that business owners in this sector have to comply with are health and safety permits, licenses for the selling of liquor and tobacco as well as zoning permit to operate in certain locations. ALL YOUR SARS VAT REGISTRATION FAQS ANSWERED All Your SARS VAT Registration FAQs Answered. There are three types of tax that are applicable to small businesses – turnover tax, employee taxes (PAYE, UIF and SDL) and VAT (Value-Added tax). In accordance with the VAT Act, registered VAT vendors have to issue proper tax invoices and charge their customers VAT at 15%, and pay this over to * STARTING A BUSINESS* COMMUNITY
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