south african business funding directory 2016 | 2017 · pdf filesouth african business funding...

Updated: November 2016© Ukwanda Growth Partners, 2014-2016

Compiled by:

Ukwanda Growth PartnersTel. 012 003 3294 / 012 771 7947Cell: 083 556 0542Fax: 086 531 4670E-mail: [email protected]: www.ukwanda.co.za

Author: Mr. Lindo Sibisi

South African Business Funding Directory2016 | 2017

http://www.ukwanda.co.za/

South African Business Funding Directory, 2016

© Ukwanda Growth Partners, 2014-2016 Page | 2

Purpose of this Funding DirectoryThis directory has been prepared to provide South African businesses and entrepreneurs with informationon available business funding particularly for small and medium sized businesses.

The directory has been prepared by Ukwanda Growth Partners (Ukwanda) and is currently available in softcopy. For more information please contact Ukwanda Growth Partners at [email protected].

About Ukwanda Growth Partners - www.ukwanda.co.zaUkwanda Growth Partners is a South African Service firm that provides services to support business growthand value maximisation for Small and Medium Sized Businesses.

Our Value PropositionOur Value Proposition is based on the understanding that one of the key goals of business is to maximiseshareholder value. Businesses seeking Growth and Value Maximisation need to answer the following twofundamental questions:

1. In which projects and activities should we invest our time and resources – the growth plan?

2. How can we best finance our selected growth plan?

We help companies find answers to these two critical questions by supporting them in the following:

1. Business Strategy and Planning.

2. Raising Appropriate Capital.

3. Business Finance Optimisation for Maximising Value.

4. Advisory and Support in Concluding Business Transactions.

5. Equity Investments.

Our ServicesUkwanda Growth Partners provides the following services.

1. Business Planning and StrategyWe provide Business Planning Solutions that enable businesses to create impactful businessstrategies that are essential to businesses growth and investment attraction. We seek to make theBusiness Planning process to produce a transformational impact on the organisation’s capabilities,processes and performance, fundamentally changing the way a business operates.

2. Raising Capital & Business Finance OptimisationWe provide South African growth businesses with Capital Raising services that enable them to accessappropriate funding efficiently. Ukwanda utilises its project development capability and a largefunding database to raise funding that will maximise the company’s returns. We endeavour todesign an optimal capital structure to suit the business circumstances.

3. Transaction SupportWe support our clients in successfully concluding value adding business transactions such asManagement Buy-outs, Management Buy-ins, Business Acquisitions and Project Development. Weseek to de-risk transactions as much as we practically can as well as uncover opportunities toimprove investment returns.

mailto:[email protected]




4. Equity InvestmentsIn our work, we come across businesses with whom it makes business sense for us to partner for thelong term. We therefore seek to conclude equity investments with selected businesses that meetour investment appetite and where we can add long term value in terms of their growth and valuemaximisation. We exercise firm prudence in managing potential conflicts of interest between ourinvestments and our clients and we are fully transparent to our clients regarding equity investmentswe hold.

ProductsUkwanda Growth Partners provides various products that assist Businesses Leaders and Entrepreneurs withvarious aspects of Business Growth and Financing.

The products are available through Ukwanda’s website www.ukwanda.co.za. We continuously researchglobally for relevant and high impact products. The products available from our websitewww.ukwanda.co.za are updated from time to time. You can also visit our global Product sitewww.thegrowthsquare.com for products we provide to the global online community.

Blog - www.thegrowthlever.com

Ukwanda Growth Partners publishes a business growth Blog in which we feature articles and information tohelp Entrepreneurs and Business Leaders with various aspects of their business journey.

TheGrowthLever.com aims to give leverage to entrepreneurs and business people, propelling them togrowth and success. The Blog provides researched knowledge and best practice on many business subjects.

Subscribe to the Blog at www.thegrowthlever.com to receive regular updates.

Online Products Site - www.thegrowthsquare.com

Ukwanda Growth Partners also own a product marketing site in which we feature relevant online productsto assist entrepreneurs and business people on their journey to success.

TheGrowthSquare.com is a repository of information on online Tools and Resources available toentrepreneurs and business people to enable them to build wealth through business success.

For product updates and more information on featured products please visit www.thegrowthsquare.com.

____________________________

For more information on Ukwanda Growth Partners please visitwww.ukwanda.co.za.


http://www.thegrowthsquare.com/

http://www.thegrowthlever.com/

http://www.thegrowthlever.com/






How We Ease the Pain and Improve Chances of Successin the Capital Raising ProcessUkwanda Growth Partners assists businesses (large and small) and entrepreneurs to raise appropriate capitalto fund their businesses and ventures.

Ukwanda provides assistance including the following:

1. Support in Planning for Business Growth Feasibility studies Business and Project plans

2. Advisory Regarding Capital Structure and Financing Requirements Achieving efficient funding structures. Improving financial returns. Limiting financing risk.

3. Assistance in Raising Appropriate Capital Preparation of funding proposals. Finding the right funding partners. Negotiation of the right terms of financing. Post transaction funder / investor management.

4. Equity Investments In selected cases we partner with management teams through active equity investments.

We will handle most of the capital raising aspects, leaving you to spend your valuable time in running andgrowing your business.

Typical ClientsTypical clients we are most able to add value to are:

1. Existing businesses (that have been in business for at least one year), looking to fund workingcapital, growth, asset acquisition or capital restructuring transactions (including MBO’s MBI’s &refinancing).

2. Start-up businesses with customer contracts.3. Start-up businesses in the technology sector with highly scalable opportunities that are market

ready.

ContactIf you need to raise funding, we wish to explore how we can assist you. Please contact us at:

Email: [email protected]

Cell: 083 556 0542

Tel.: 012 003 3294 or012 771 7947

mailto:[email protected]



About the AuthorLindo SibisiBSc Eng. Civil - (UKZN)Graduate Diploma in Engineering - (UNESCO IHE, The Netherlands)MBA - (Nyenrode University, The Netherlands)H Dip. Insolvency Law - (UJ)

Lindo is a multi-skilled Business Person with an outstanding breadth anddepth of business skills. He has operated and advised at senior levels invarious business industries and functions.

Lindo has demonstrated leadership in industries that include Private Equity& Venture Capital, Corporate Finance, Business Restructuring andTurnaround Management and Civil Engineering Project Management, inSouth Africa as well as other parts of Sub Sahara Africa.

He has played a consulting role to many senior business executives and his strong business and financialanalysis skills has enabled business executives to make complex and important investment, businessrestructuring and economic development decisions.

Lindo has a passion for ‘South African Economic Growth through Entrepreneurship and SME Growth’ whichled him to establish Ukwanda Growth Partners for which he is currently the Managing Partner.

Disclaimer:

The information provided in this directory is that collected by Ukwanda Growth Partners. This information isshared in good faith for the purpose indicated above, and is not intended to offer professional advice of anykind. The reader accepts full responsibility for the use of information in this directory and is encouraged toconfirm any funding details before using them.

While every attempt has been made to ensure that the information contained in this document has beenobtained from reliable sources and is accurate, we are not responsible for any errors and/or omissions. Allinformation in this document is provided "as is", with no guarantee of completeness, currency, accuracy,timeliness and is provided without warranty of any kind, express or implied.



CONTENTS

List of Funders in the Directory:

Development Financial Institutions - Government (National) ………………………………..………………………..…………..………..……... 9Department of Trade and Industry (dti) ………………………………………………………………………………………………………………………………….. 9Department of Small Business Development (DSDB) ……………………………………………………………..……………………………..………. 17Department of Science and Technology (DST) …………….…………………………………………………………..……………………………..…………. 18National Research Foundation (NRF) ………………………………..…………………………………………………………..……………………………..…………. 18Small Enterprise Development Agency (SEDA) …………………………………………………………………………..……………………………..………. 19Industrial Development Corporation (IDC) ………………………………………………………………………………………………..………………...……….. 20Small Enterprise Finance Agency (SEFA) ……………………………..………………………………………………………………………………………..………… 30National Empowerment Fund (NEF) ………………………………………………………………………………………………………………….……………………. 32National Youth Development Agency (NYDA) …………………………………………………………………………………………….……….………………. 36Land Bank …………………………………………………………………………………………………………………………………………………………………….…………….….………. 36Development Bank of South Africa (DBSA) ……………………………………………………………………………………………….……………….………… 41Public Investment Corporation (PIC) ……………………………………………………………………………………………………………….………………...……. 44Technology Innovation Agency (TIA) ……………………………………………………………………………………………….………………………….……………. 45National Housing Finance Corporation (NHFC) ……………………………………………………………………………………………………....…………. 46National Urban Reconstruction and Housing Agency (NURCHA) ……………………………………………………………………………… 49

Development Financial Institutions - Government (Provincial) ……………………………………..……………………………………………... 50KZN Growth Fund ………………………………………………………………………..…………………………………………………………..……………………………..…………. 50Ithala Development Finance Corporation ……………………………………………………………………………………………..……………………………… 50Free State Development Corporation …………………………………………………………….………………………………………………………………………. 53Eastern Cape Development Corporation ………………………………………………………………………………………………………………………………. 57Eastern Cape rural Development Agency ………………………….………………………………………………………..……………………………..…………. 59North West Development Corporation ………………………………………………………………………………………………………………………………….… 59Gauteng Enterprise Propeller (GEP) …………………………………………………………………………………………………………………………..…………….. 59Gauteng Partnership Fund (GPF) ……………………………………………………………………………………………………………………………………………..… 60Mpumalanga Economic Growth Agency (MEGA) ……………………………………………………………………………………………………………... 62Risima Housing Finance Corporation ………………………………………………………………………………………………………………………..………..…… 62Northern Cape Department of Economic Development and Tourism ………………………………………………….…………….…. 63

Commercial Banks ……………………………………………………………………………………………………………………………………..……………………………………………… 64Standard Bank …………………………………..…………………………………………………………………………………………………………………………………………………. 64First National Bank …………………………………………………………………………..………………………………………………………………………………………………… 66ABSA ………………………………………………………………………………………………………………………….……………………………………………………………………………… 70Nedbank …………………………………………………………………………………………………………………………………………….…………………………………………………… 74Investec Bank …………………………………………………………………………………………………………………………………..………………………………………………….. 80Sasfin Bank ………………………………………………………………………………………………………………………………………………………..………………………..………… 82Bidvest Bank ……………………………………………………………………………………………………………………………………………………..………………………..………… 84

Commercial Funding Organisations …………………………………………………………………………………………………………………………………………...…. 85Business Partners ……………………………………………………………………………………………………………………………...………………………………………..……. 85Rand Trust ………………………………………………………………………………………………………………………………………….………………………………………………….. 88Grofin ………..……………………………………………………………………………………………………………………………………….…………………………………………………….. 88Tusk Construction Support Services ………….……………………………………………………………………….…………………………………………………….. 89Royal Fields Finance ……………………………………………………………………………………………………………………………………..………………………………….. 89Merchant Capital ……………………………………………..………………………………………………………………………….…………………………………………………….. 89Mettle Merchant Finance ……………………………………………………………………………………………………….…………………………………………………….. 90



Merchant Factors ……………………….……………………………………………………………………………………………….…………………………………………………….. 90Reichmans Capital ……………………………………………………………………………………………………………………….…………………………………………………….. 90Paragon Lending Solutions ………………………….………………………………………………………………………….…………………………………………………….. 91Cash Flow Capital ………………………………………………………………………………………………………………………….…………………………………………………….. 91Growth Capital Solutions ………………………………………………………………………………………………………….…………………………………………………….. 91Anglo African Finance …………………………..…………………………………………………………………………………….…………………………………………………….. 91New Heights Finance …………………………..…………………………………………………………………………………….…………………………………………………….. 92Chester Finance ………………………..………………………………………………………………………………………………….…………………………………………………….. 92CapX Finance ………………………………………………………………………………………………………………………………….…………………………………………………….. 92Eventfin …………………………………………………………………………………………………………………………………………….…………………………………………………….. 93Pollen Finance ……..….…………………………………………………………………………………………………………………….…………………………………………………….. 93Equi-Advance ………………………………………………………………………………………………………………………………….…………………………………………………….. 93Retail Capital ………………………………………………………………………………………………………………………………….…………………………………………………….. 94Lulalend ………………………………………………………………………………………………………………..………………………….…………………………………………………….. 94Karoo Finance ………………………….……………………………………………………………………..……………………………….………………………………………………….. 94Truck Financing …………………………….……………………………………………………………….………………………………………………..……………………………………. 95SA Taxi ………………………………………………………………………………………………………………….…………………………………………………………………………………. 95

Enterprise Development Organisations ………………………………………………………………………………………………………………….………………….. 96Anglo Zimele ……………………………………………………………………………………………………………………….……………………………………………………………….. 96IDF Managers …………………………………………………………………………………………………………………………………………………………..………………………….. 98Inyosi Empowerment ……………………………………………..…………………………………………………………………………………….…………………….…………… 98Ekurhuleni Peermont Chamber of Commerce Trust ……………………………………………………………………………………………………….. 98Edge Growth ……………………………………………………………………………………………………………………………………………………………………..…………………. 99

Private Equity and Venture Capital …………………………………………………………………………………………………….…………………………………………. 1004Di Capital …………………………………………….…………………………………………………..………………………………………………………………..…………….……….……. 100The Abraaj Group …………………………………………………………………………………………………………………………………………………..…………….……….……. 100Acorn Private Equity ………………………………………………………………………………………………………………………………………………………………….…….. 100ACP Investment Managers …………………………….………………………………………………………………………………………………..…………….……….……. 101Actis ………………..………………………………………………………………………………………….…………………………………………………………………..………………….……. 101Adinah Capital Partners ………………………………..…………………………………………………………………………………………………..…………….……….……. 102African Infrastructure Investment Managers ……………………….……..……………………………………………………………..………….……………. 103Agis Investments ……………………………………………………………………………….……………………………………………………………………..…………….……….…. 104AngelHub Ventures ………………………………………………………………………….…………………………………………………………………..……………………….…. 104Africa Special Opportunities Capital ……………………………………….……………………………………………………………………..…………….…….……. 105Ata Capital …………………………………………………………………………………………………………………………………………………………………..…………….……….…. 105Athena Capital ……………………………..………………………………………………….……………………………………………………………………..…………….……….……. 106Bopa Moruo ……………………………..……………………………………………………………………………………………………………………………..…………….……….……. 106Brait …………………………..…………………………………………………………………………….…………………………………………………………………..…………….……….……. 107Capital Eye Investments …………………………….……………………………….……………………………………………………………………..…………….……….……. 107Capitalworks …………………………….……………………………………………………………………………………………………………………………..…………….……….……. 107Coast 2 Coast Capital …………………………….……………………………………..………………………………………………………………………..…………….…….……. 108Convergence Partners …………………………………….………………………..…………………………………………………………………………..…………….……………. 108Development Partners International ……………………………..……………………………………………………………………………..…………….……………. 109Emerging Capital Partners …………………………………………………………………………………………………………………………………..…………….……….…. 109Ethos Private Equity ……………………………..………………………………………………………………………………………………………………..…………….……………. 109Exeo Capital ………………………………………………………………………………………………………………………………………………………………..…………….……………. 110GAIA Infrastructure Capital ………………………………………………………………………………………………………………………………..…………….……….…. 110Grovest …………………………………………………………………………..………………………………………………………………...…………………………………………………….. 111Growth Capital Partners ……………………………….……………………………………………………………………………………………………..…………….……….…. 112



Harith General Partners ……………………………..………………………………………………………………………………………………………..…………….……….…. 112Horizon Equity ……………………………….…………………………………………………………………….……………………………………………………….……………………… 113i-Cubed Capital ……………………………..…………………………………………………………………………………………………………………………..…………….……….…. 113Imbewu Capital Partners ……………………………………………………………………………………………………………………………………..…………….……….…. 113Inspired Evolution ……………………………………………………………………………………………………………………………………………………………………..………. 114Invenfin ……………………………………………………………………………………………………………………………………………………………………………………………….……. 114The Jarvie Group …………………………….………………………………………………………………………………………………………………………..…………….……….…. 114Ke Nako Capital ……………………………….………………………………………………………………………………………………………………………..…………….……….…. 115Kleoss Capital ……………………………….………………………………………………………………………………………………………………………..…………….……….……. 115Knife Capital ………………………………………………………………………………………………………………………………………..……………………………………………….. 115Leaf Capital …………………………………………………………………………………………………………………….…………………………………………..…………….……………. 116Makalani Management Company …………………………………………………………………………………………………………………..…………….……….…. 116Marlow Capital ………………………………………………………………………………………………………………………………………………………………………………….... 116Medu Capital ………………………………………………………….………………………………………………………………………………………………………………………….…. 117Metier ……………….…………………………………………………………………………………………………………………………………………………………..…………….……………. 117Musa Capital …………………………….………………………………………………………………………………………………………………………………..…………….……….…. 118Nisela Capital ……………………………..……………………….……………………………………………………………………………………………………..…………….…………. 118Nodus Capital …………………………….…………………….……………………………………………………………………………………………………..…………….……….……. 118Old Mutual Investment Group ………………..……………………………………………………………………………………………………..…………….……….……. 119Ontario Private Equity ………………………………………………………………………………………………………………………………………..…………….……….……. 119Paean Capital …………………………………………………………………………………………………………………………………………………………..…………….……….……. 119Pan-African Private Equity Funds ……………………………..……………………………………………………………………………………..…………….…………. 120Pembani Remgro ……………………………………………………………………………………………………………………………………………………..…………….……………. 120Phatisa …………………………………………………………………………………………………………………………………………………………………………..…………….……………. 120Principal Partners ………………………………..…………………………………………………………………………………………………………………..…………….…………. 121RH Managers …………………………………………………………………………………………………………………………………………………………..…………….……….……. 121RMB Corvest ……………………………………………………………………………………………………………………………………………………………..…………….……….……. 121Rockwood Private Equity ……………………………………………………………………………………………………………………………………..…………….…………. 122Sampada Private Equity ……………………………………………………………………………………………………………………………………..…………….……….……. 122Sanari Capital ……………………………………………………………………………………………………………………………………………………………..…………….…………. 122Sanlam Private Equity …………………………………………………………………………………………………………………………………………..…………….……….……. 123Senatla Capital …………………………………………………………………………………………………………………………………………………………..…………….…………. 123Sphere Holdings ……………………………………………………………………………………………………………………………………………………..…………….……….……. 123Tana Africa Capital Managers …………………………………………………………………………………………………………………………..…………….……………. 124Trinitas Private Equity …………………………………………………………………………………………………………………………………………..…………….……….……. 124Trivest …………………………………………………………………………………………………………………………………………………………………..…………….……….……………. 125Vantage Capital ………………………………………………………………………………………………………………………………………………………..…………….……………. 125Vuwa Investments …………………………………………………………………………………………………………………………………………………..…………….……………. 125Westbrooke Capital Management ………………………………………………………………………………………………………………..…………….……….……. 126Zico Capital ……………………………..…………………………………………………………………………………………………………………………………..………….……….……. 126

Non Profit Organisations …………………………….……………………………………………………………………………………………………..…………….……….……. 127Trust For Urban Housing Finance …………………………….…………………………………………………………………………………..…………….……….……. 127Masisizane Fund4Di Capital ……………………………………………………………………………………………………………………………..…………….……….……. 128

South African Business Funding Directory, 2016 A publication by Ukwanda Growth Partners - www.ukwanda.co.za


ORGANISATION / FUND DESCRIPTION / OBJECTIVE TYPE OF FUNDING TARGET CLIENTS / SECTORS

.

Development Financial Institutions - Government (National)

Department of Trade and Industry (the dti)1. Section 12I Tax Allowance Incentive

(12I TAI)(The window period for applicationsunder this programme has beenextended from 31 December 2015 to31 December 2017.)

To support: Investment in manufacturing assets, to

improve the productivity of the SouthAfrican manufacturing sector; and

Training of personnel, to improvelabour productivity and the skills profileof the labour force.

Tax allowance / Tax break. The incentive offers support for both

capital investment and training.

Greenfield investments (i.e. newindustrial projects that utilise onlynew and unused manufacturingassets), as well as

Brownfield investments (i.e.expansions or upgrades of existingindustrial projects).

2. Aquaculture Development andEnhancement Programme (ADEP)

To stimulate investment in theaquaculture sector with the intention to: Increase production; Sustain and create jobs; Encourage geographical spread; and Broaden participation.

Reimbursable cost-sharing grant forqualifying costs.

Primary, secondary and ancillaryaquaculture operations.

3. Automotive Incentive Scheme (AIS) Strengthen and diversify theautomotive sector through investmentin new and/or replacement models andcomponents.

Increase plant production volumes. Sustain employment and/or strengthen

the automotive value chain.

Non-taxable cash grant of 20% of thevalue of qualifying investment inproductive assets.

Non-taxable cash grant of 25% of thevalue of qualifying investment inproductive assets by componentmanufactures and tooling companiesas approved by the dti.

An additional non-taxable cash grantof five percent (5%) may be madeavailable for qualifying projects.

Qualifying Light motor vehiclemanufacturers.

Qualifying Component or deemedcomponent manufacturers.




.

3.1 Medium and Heavy CommercialVehicles Automotive InvestmentScheme (MHCV-AIS)

To grow and develop the automotivesector through investment in newand/or replacement models andcomponents that will increase plantproduction volumes, sustainemployment and/or strengthen theautomotive value chain.

A non-taxable cash grant of 20% of thevalue of qualifying investment inproductive assets by medium andheavy commercial vehiclemanufactures.

25% of the value of qualifyinginvestment in productive assets bycomponent manufactures and toolingcompanies for MHCV’s.

Truck Manufacturers. Bus Chassis Manufacturers. Component Manufacturers,

Deemed ComponentManufacturers, Toolingcompanies and Bus and TruckBody Manufacturers.

3.2 People-carrier AutomotiveInvestment Scheme (P-AIS)

To stimulate a growth path for thepeople carrier vehicles industry throughinvestment in new and/or replacementmodels and components that will resultin new or retention of employmentand/or strengthen the automotivevehicles value chain.

A non-taxable cash grant of between20% and 35% of the value of qualifyinginvestment in productive assets.

Semi Knocked Down (SKD) VehicleAssemblers.

Complete Knocked Down (CKD)Vehicle Assemblers.

Component Manufacturers.

4. Black Industrialists Scheme (BIS) To promote industrialisation,sustainable economic growth andtransformation through the support ofblack-owned entities in themanufacturing sector.

A cost-sharing grant ranging from 30%to 50% to approved entities to amaximum of R50 million.

The quantum of the grant will dependon the level of black ownership andmanagement control, the economicbenefit of the project and the projectvalue.

A black industrialist refers to ajuristic person that is owned byblack South Africans as defined bythe Broad-Based Black EconomicEmpowerment (B-BBEE) Act, thatcreates and owns value-addingindustrial capacity and provideslong-term strategic andoperational leadership to abusiness.

A black industrialist can also be anatural person.




.

5. Business Process Services (BPS)Incentive

(Effective from 1 October 2014 up to31 March 2019)

Primary objective is to createemployment in South Africa throughservicing offshore activities.

Secondary objectives of the programmeinclude:

- Creating employment opportunitiesfor the youth; and

- Contributing to the country’s exportrevenue from offshoring services.

Grant disbursements based onoffshore jobs created and maintained.

Businesses involved in starting anew operation or in expanding anexisting operation, in order toperform Business ProcessServices activities, which may beoperated from more than onephysical location in South Africa.

6. Capital Projects FeasibilityProgramme (CPFP)

To facilitate feasibility studies that arelikely to lead to high-impact projectswhich will stimulate value-addingeconomic activities in South Africa.

A cost-sharing grant that contributesto the cost of feasibility studies likelyto lead to projects that will increaselocal exports and stimulate themarket for South African capitalgoods and services.

The grant is capped at R8 million to amaximum of 50% of the total costs ofthe feasibility study for projectsoutside Africa and 55% of the totalcosts of the feasibility study forprojects in Africa.

Projects can be situated anywhere inthe world (excluding South Africa).

South African registered legalentity. A foreign entity will onlybe considered if it partners with aSouth African registered entityand the application is submittedby the South African entity.

New projects, expansion ofexisting projects and therehabilitation of existing projectsthat fulfil the objectives of theprogramme.




.

7. Cluster Development Programme(CDP)

To enhance competitiveness ofenterprises within a cluster or IndustrialParks.

The first phase of the programme will berolled out as a pilot where assistancewill be targeted at a limited number ofclusters that will be selected to make acase for potential success of clusterdevelopment in South Africa.

Cost sharing grant of up to 80% of thequalifying investments or qualifyingcosts for Shared Infrastructure, Business Development Services and Cluster Management Organisation

(CMO) Funding.

Cluster development andindustrial parks.

Assistance will also be prioritisedfor Industrial Parks in formerhomeland areas and/ortownships.

8. Critical Infrastructure Programme(CIP)

To leverage investment by supportinginfrastructure that is deemed to becritical, thus lowering the cost of doingbusiness.

To stimulate investment growth in linewith the National Industrial PolicyFramework (NIPF) and Industrial PolicyAction Plan (IPAP).

Cost-sharing incentive that isavailable upon the completion ofverifiable milestones or as may beapproved by the AdjudicationCommittee.

Infrastructure is deemed “critical” tothe investment if such investmentwould not take place without the saidinfrastructure or the said investmentwould not operate optimally.

Private investors/companies. State Owned Enterprises. Municipalities.




.

9. Export Marketing & InvestmentAssistance (EMIA)

Provide marketing assistance to developnew export markets and grow existingexport markets;

Assist with the identification of newexport markets through marketresearch;

Assist companies to increase theircompetitive by supporting patentregistrations, quality marks and productmarks;

Assist with facilitation to grow FDIthrough missions and FDI research; and

Increase the contribution of black-owned businesses and SMMEs to SouthAfrica's economy.

Cost of qualifying expenses. South African manufactures andexporters;

South African export tradinghouses;

South African commission agents;and

South African exports councils,industry associations and JointAction Groups.

10. Film & Television ProductionIncentives

(See 11.1, 11.2 & 11.3 below) (See 11.1, 11.2 & 11.3 below) (See 11.1, 11.2 & 11.3 below)

10.1 SA Film & TV Production and Co-production (SA Film)

To support the local film industry and tocontribute towards employmentopportunities in South Africa.

A rebate of 35% of the first R6millionof Qualifying South AfricanProduction Expenditure (QSAPE) and25% of the QSAPE on amounts aboveR6million.

Special Purpose CorporateVehicles incorporated in SouthAfrica solely for the purpose ofthe production of the film ortelevision project.




.

10.2 Foreign Film and TelevisionProduction and Post-ProductionIncentive (Foreign Film)

To encourage and attract large-budgetfilms and television productions andpost-production work that willcontribute towards employmentcreation, enhancement of internationalprofile, and increase the country’screative and technical skills base.

Cost sharing grant for part of thequalifying South African productionand post-production expenditure.

Foreign-owned qualifyingproductions and South Africanqualifying post-production work.

10.3 South African Emerging BlackFilmmaker Incentive (SA EmergingBlack Film)

To nurture and capacitate emergingblack filmmakers to take up bigproductions and contribute towardsemployment opportunities.

A rebate of up to 50% for the firstR6million of the Qualifying SouthAfrican Production Expenditure(QSAPE) and 25% thereafter. No cap isapplicable for this rebate.

South African black-ownedqualifying productions with atotal production budget ofR1million and above.

11. Incubation Support Programme (ISP) To encourage private-sectorpartnerships with Government tosupport incubators to develop SMMEsand nurture them into sustainableenterprises that can provideemployment and contribute toeconomic growth.

Cost-sharing between theGovernment and private sectorpartner(s) for eligible costs.

50:50 for large businesses and 40:60for SMMEs.

Applicants that want to establishnew incubators or wish to growand expand existing ones.

Private sector enterprises, highereducational institutions andregistered science councils.

12. Manufacturing CompetitivenessEnhancement Programme (MCEP)

To encourage manufacturing companiesto raise their competitiveness and retainjobs.

MCEP has a budget of R 5.8 billion overa three-year period.

Comprises two sub-programmes: The Production Incentive (PI)

(managed by the dti), and The Industrial Financing Loan

Facilities (managed by the IndustrialDevelopment Corporation.

Small scale manufacturing,Market entry or launch andMarket Development.




.

12.1 Production Incentive (PI)(a sub-component of MCEP)

Sub-components of the ProductionIncentive: Capital Investment grant; Green Technology and Resource

Efficiency Improvement grant; Enterprise-Level Competitiveness

Improvement grant; Feasibility Studies grant; and Cluster Interventions grant.

Calculation of MCEP credits for theProduction Incentive for eachenterprise will be up to 25% of themanufacturing value added.

Agro-processing, Biofuels,Forestry, Furniture, Timber,Paper & Pulp, AdvancedManufacturing, MetalsFabrication, Capital, Electro-Technical, Transport Equipment,Non-Metallic Minerals,Chemicals, Cosmetics,Pharmaceuticals, Plastics, Printingand Green Industries.

12.2 Industrial Financing Loan Facilities(Managed by the IndustrialDevelopment Corporation)

(See item no. 18.1 under the IndustrialDevelopment Corporation below)

(See item no. 18.1 under the IndustrialDevelopment Corporation below)

(See item no.18.1 under theIndustrial Development Corporationbelow)

13. Sector Specific Assistance Scheme(SSAS)

Developing an industry sector as awhole.

Developing new export markets. Stimulating job creation. Broadening the export base. Proposing solutions to factors inhibiting

export growth. Promoting broader participation of black

owned and SMME’s to the economy.

Reimbursable cost-sharing incentivescheme whereby financial support isgranted to organisations supportingthe development of industry sectorsand those contributing to the growthof South African exports.

Export Councils. Joint Action Groups. Industry Associations. Organisations aimed at the

development of emergingexporters.

14. Support Programme for IndustrialInnovation (SPII)

To provide financial assistance for thedevelopment of commercially viable,innovative products and/or processesand to facilitate commercialisation ofsuch technologies.

Two sub components: Product Process Development

Scheme. Matching Scheme.(see details below)

Technology Development, Technology and Market

Validation and Product or Process Development.




.

14.1 Product Process DevelopmentScheme

To provide financial assistance for thedevelopment of commercially viable,innovative products and/or processesand facilitate commercialisation of suchtechnologies.

A non-repayable grant for apercentage of 'qualifying' costsincurred in the pre-competitivedevelopment activities.

Maximum of R2million grant.

Small, very small and micro-enterprises and individuals.

14.2 Matching Scheme To provide financial assistance for thedevelopment of commercially viable,innovative products and/or processesand facilitate commercialisation of suchtechnologies.

A percentage of 'qualifying' costsincurred in the development activitiesof a specified development project.

Maximum of R5million grant.

Development Projects.

14.3 Partnership SchemePartnership Programme for IndustrialInnovation (PII)

To provide financial assistance for thedevelopment of commercially viable,innovative products and/or processesand facilitate commercialisation of suchtechnologies

PII is suitable for large R&D projects.

A non-taxable and a conditionallyrepayable grant of 50% of thequalifying cost incurred duringdevelopment activity with a minimumgrant amount of R10million perproject.

South African private-sectorenterprises.




.

Department of Small Business Development (DSBD)1. Black Business Supplier Development

Programme (BBSDP) To fast-track existing Small, Medium and

Micro Enterprises (SMMEs) that exhibitgood potential for growth into themainstream economy;

To grow black-owned enterprises byfostering linkages between black SMMEsand corporate and public sectorenterprises;

To complement current affirmativeprocurement and outsourcing initiativesof corporate and public sectorenterprises; and

To enhance the capacity of grantrecipient enterprises to successfullycompete for corporate and public sectortenders and outsourcing opportunities.

Cost-sharing grant for: Tools, machinery and equipment. Business development.

Majority Black owned enterpriseswith predominantly blackmanagement teams, focussing onTownship and Rural Entities, andenterprises owned and operated by Women, Youth, People with Disabilities.

2. Co-operative Incentive Scheme (CIS) Promote co-operatives through theprovision of a matching grant;

Improve the viability andcompetitiveness of co-operativeenterprises by lowering the cost of doingbusiness;

Assist co-operatives to acquire their startup requirements;

Build an initial asset base for emergingco-operatives to enable them to leverageother support; and

Provide an incentive that supports broad-based black economic empowerment.

100% grant for registered primary co-operatives for eligible activities namely Business development services; Technological improvements;

Machinery, equipment and tools; Commercial vehicles; Infrastructure linked to the project;

and Working capital.

Registered primary co-operatives.




.

3. Shared Economic InfrastructureFacility (SEIF)

To encourage public sector partnershipsfor the establishment and improvementof the SEIF to support businesses with anintention to improve access, create localeconomic benefits and optimise theperformance of businesses operating inthose facilities.

50:50 cost-sharing grant madeavailable on a reimbursable basis.

The dti’s contribution is capped at amaximum grant of R5million (vatinclusive) per qualifying applicant.

A municipality of the Republic ofSouth Africa;

A municipal entity as defined insection one of the LocalGovernment Municipal SystemsAct, 2000; or

A provincial government entity.

Department of Science & Technology (DST)1. R&D Tax Incentive

(Implemented by the Department ofScience & Technology (DST) on behalfof the dti)

To encourage increased private-sectorinvestment in scientific and technologicalR&D activities, especially R&D that acompany would not have invested inwere it not for the incentive, as well asincrease the positive spill-over to the restof society through knowledge transferand skills upliftment.

150% tax deduction for theoperational expenditure incurred onR&D activities that have beenapproved by the Minister of Scienceand Technology.

South African registeredcompanies undertaking scientificand/or technological R&D in anysector of the economy.

National Research Foundation (NRF)1. The Technology and Human

Resources for Industry Programme(THRIP)

(Implemented by the NationalResearch Foundation (NRF) on behalfof the dti)

To boost South African industry bysupporting research and technologydevelopment and enhancing thenumbers of appropriately-skilled people.

50:50 cost-sharing grant, to amaximum of R 8 million per annum,across any number of projects.

All companies undertakingscience, engineering andtechnology (SET) research, incollaboration with educationalinstitutions, and with the aim ofaddressing the participating firms'technology needs.




Small Enterprise Development Agency (SEDA)1. Seda Technology Programme (STP) Enhance technological innovation.

Increase accessibility to, and utility of,technologies and technical support forsmall enterprises.

Facilitate the acquisition, developmentand transfer of technology to smallenterprises, particularly those operatingin the second economy.

Improve small enterprise performanceand productivity.

Improve small enterprise profitabilityand growth.

Improve small enterprisescompetitiveness.

Reduce small enterprise failure rates.

Grant funding for the acquisition oftechnology, such as equipment andmachinery, to facilitate technologyby small enterprises.

Registered, small South Africancompanies.




Industrial Development Corporation (IDC)1. Agro-processing and Agriculture SBU Focuses on investment opportunities in

livestock processing, selected field cropprocessing, integrated horticulture,aquaculture with focus on maricultureand forestry development. The key is toensure food security and the creation ofemployment.

Funding can be structured utilising awide range of instruments including: Debt. Equity. Quasi-Equity. Guarantees. Trade finance. Venture Capital.

Economically viable activities inagro-processing (food and non-food) sectors.

New or existing companies withinthe agro-processing andagriculture sector that plan tocreate new or expand industrialcapacity within the economy.

Expansionary BBBEE acquisitionsin the sector.

BEE empowered, women andyouth-owned businesses.

Value-chain based projects arepreferable.

2. Automotive and Transport EquipmentSBU

Focuses on the opportunities that exist inestablished automotive and transportequipment and componentsmanufacturing sub sectors.

The key is to create sustainableindustries with goals of increasing localproduction of vehicles and componentsthat feed into global supply chains.


Focus areas are: passenger and commercial

vehicles, automotive components, shipbuilding and ship repair, rail components and

infrastructure, medium and heavy vehicles,

buses and trucks.




3. Basic Metal and Mining SBU Focuses on building capacity in thebeneficiation and local value additionactivities that not only drive exports butalso help lower input cost to makedownstream and upstream industriesmore competitive.


Focus is on the metal products,mining, steel and metalsindustries.

New or existing companies orentrepreneurs within the BasicMetals and Mining industries.

Expansionary BBBEE acquisitionsin the sector.

4. Basic and Speciality Chemicals SBU Development finance and support to thelong-term sustainability of the chemicalvalue chain.

Funds investigations into smarttechnologies, environmentally friendlychemicals and new materials that couldprovide unique market opportunities, aswell as identifying opportunities for newconsumer products production capacityor localisation.


The following sub sectors are keyfocus areas: Oil and Gas. Basic Chemicals. Fertilisers. Plastics in its Primary form. Synthetic Rubber. Speciality Chemicals from various

sources.




5. Chemical Products andPharmaceuticals SBU

The key focus is to establish newmanufacturing capabilities in agro-chemicals, build a vibrant competitivelocal pharmaceuticals and chemicalproducts industry as well as improve thecompetitiveness of the country’s plasticproducts sector.


The manufacture of the followingare key focus areas for the unit: Pesticides and other agro-

chemical products. Paints, varnishes and similar

coatings. Pharmaceuticals, medicinal

chemicals and botanical products. Soaps, detergents, perfumes and

toilet preparations. Man-made fibres. Plastic products, including plastics

recycling. Medical devices.

6. Clothing and Textiles SBU The primary focus is to develop newopportunities, niche industry sub-sectorsand improve the sustainability of existingenterprises in traditional textiles.

The secondary focus is to recover andsustain capacity of clothing, footwear,yarn and towelling in an attempt toprotect this vital job creating sector.


The unit pursues opportunities incashmere, mohair and the cottonvalue chains with the aim ofassisting in the development of aflax industry cluster.




7. Heavy Manufacturing SBU The goal is to finance projects in theheavy manufacturing sector that have ahigh developmental impact meaning theyhave potential to create or preserve jobs,support local opportunities, bring abouttransformation in the economy anddevelop emerging entrepreneurs andblack industrialists.


Focus is on the following sectors:

Cement, lime and stone products.

Furniture production.

Glass production and products.

Pulp, paper and paper products.

Rubber products.

Wood processing and woodproducts.

8. Industrial Infrastructure SBU Acts as the initiator and enabler of keyindustrial infrastructure that will supportthe country’s industrialisation drive.

Identifies various business units andvalue chains that are faced withindustrial capacity and infrastructureconstraints and facilitates infrastructureinvestments to help them achieve theirgoals.


The units’ focus areas are

Logistics,

Energy,

Telecoms Broadband,

Health and

Water infrastructure.




9. Light Manufacturing and Tourism SBU Investments in activities that cancontribute to the creation of new lightmanufacturing and tourism capacity,which can contribute to job creation,sustainable niche businesses andlocalisation.


Light Manufacturing:Focus on the following sectors: Professional and scientific

equipment. Television, radio and

communication equipment. Furniture production.

Tourism:Focus on the following areas:

High impact tourism ventures.

Tourist attractions.

Niche product offerings.

Hotel developments.

10. Machinery and Capital EquipmentSBU

To ensure globally and locally competitivedownstream manufacturing of machineryand capital equipment.


Focus is on the following sectors: Electricity generation and

distribution. Mining, quarrying and

construction. Oil, gas and water storage and

distribution. Manufacture of lifting and

handling equipment.




11. Media and Motion Pictures SBU To develop a sustainable motion picturevalue chain in South Africa throughfunding the production of feature films,television shows, animation anddocumentaries.

To enhance the sustainability of the valuechain and unblock bottlenecks in thevalue chain.

Funding can be structured utilising awide range of instruments including: Debt/equity. Quasi-equity. Bridging finance. Venture capital.

Focuses on funding motionpictures, digital cinemas intownships, broadcasting for thedevelopment of blackindustrialists, developing theanimation hub and animationfilms.

Also invests in the services andinfrastructure that supportproductions.

12. New Industries SBU To identify the most promising new andemerging industry value chains andenabling technologies and to thensupport and nurture them so that theybecome globally competitive newindustry value chains that facilitate jobs-rich industrialisation and which make ameaningful contribution to South Africa’seconomic growth.

Pricing of IDC funding, (equity and/ordebt), will be on normal commercialterms, with an appropriate discountbased on the level of developmentalobjectives that are achievable.

Focus is currently on industry valuechains including:

Energy Storage,

Fuel Cells,

Gas Beneficiation,

Renewable Energy Inputs,

Medical Devices,

Natural Products,

Additive Manufacturing and

Nano-technology.




13. Rest of Africa SBU The unit identifies, assesses andfacilitates investment opportunities forthe IDC in the rest of Africa to support thegrowth of South Africa’s industrial baseand economy. It develops regionalsuppliers for South African industries,thereby building long-term, sustainablesupply chains across the continent thatgenerate jobs.

Funding through the relevant sectorproduct offering.

Key focus areas are

agriculture,

manufacturing,

tourism,

minerals and mining,

petroleum and energy,

transport and

other related infrastructure.

14. AFD - Green Fund To provide finance to renewable energyand energy efficiency projects of smallerscale and manufacturing of Greenproducts in South Africa.

Normal risk pricing with a cap ofPrime + 2.8% or an equivalent fixedrate.

Minimum investment period of 3years.

Maximum payback based on energysavings of 8 years.

Renewable Energy (RE):- Solar and biomass; and- Other technologies are

considered on a case by casebasis.

Energy Efficiency (EE)

15. Youth Pipeline DevelopmentProgramme

To improve the readiness of potentialapplicants and thereby increase theirprobability for IDC consideration.

Loans (Prime) and grants (50:50);

Repayable after IDC’s normal debt,subordinated in terms of cash-flowand security.

Youth-owned businesses(irrespective of whether itqualifies for Gro-E Youth or not).

Must meet IDC sector andfunding limits.

Can be start-up or expansion.




16. Gro-E Youth Scheme Encourage youth entrepreneurship andemployment creation, thereby expandingSouth African production capacity.

Equity, quasi equity and loans.

Minimum of R1 million andMaximum of R50 million pertransaction.

Pricing depends on % ownership byyouth.

South Africans and permanentresidents up to and inclusive ofthe age of 35 years at the time offinal approval.

Youth shareholding should be atleast 26%.

Youth operational involvement inthe business.

17. Manufacturing CompetitivenessEnhancement Programme (MCEP)

Designed to promote competitiveness inmanufacturing while ensuring jobretention in the sector.

Consists of: Industrial financing loan facilities

(Working Capital Component)managed by the IDC; and

Production incentive grantsadministered by the Department ofTrade and Industry.

South African-registered entitieswith existing manufacturingoperations engaged in: Manufacturing Engineering services that support

manufacturing; and Conformity assessment services

that service the manufacturingsector.

Manufacturing sectors that alreadyhave the support of the dti e.g.clothing and textile manufacturerswill not qualify for MCEPassistance.

17.1 Industrial Financing Loan Facilities To assist manufacturing companies withworking capital.

Working capital facility of up toR50million, over a term of up to 4years, at 4% interest fixed.

Only applicable to manufacturersunder Standard IndustrialClassification Code 3, but notauto manufacturers qualifying forAIS or clothing and textilemanufacturers qualifying forCTCP.




17.2 Production Incentive (see item 12.1 under the dti MCEP above) (see item 12.1 under the dti MCEPabove)

(see item 12.1 under the dti MCEPabove)

18. Agro-processing CompetitivenessFund

To facilitate increased competition,growth and development in the agro-processing and beverage sector.

Equity, quasi equity and loans; Minimum of R250 000 and Maximum

of R30 million per transaction; Interest free loans and zero return

quasi equity; and Maximum repayment period is 10

years.

Agro processing and beveragesector.

Non-dominant players in themarket.

19. EIB SME and MIDCAPS Fund To assist SMEs and MIDCAP companies toaccess loan financing for CAPEX, mediumand long term working capital.

Loans. Minimum of R1 million and Maximum

of R120 million per transaction. Normal IDC Risk pricing less 0.3%. Aimed at transactions with longer

repayment periods (8-12 years).

IDC and EIB mandated sectors. SME and MIDCAP companies.

MIDCAP means companies thathave up to 3000 employees (fulltime equivalent).

20. Clothing and Textile CompetitivenessProgramme (CTCIP)(Managed by the CTCP desk of the IDC)

A programme of the Department of Tradeand Industry to stabilise employment andto improve overall competitiveness in theclothing, textiles, footwear, leather andleather goods manufacturing industries.

Consists of two programmes namely: Competitiveness Improvement

Programme (CIP). Production Incentive Programme

(PIP).

Manufacturers in the SouthAfrican clothing, textiles,footwear, leather and leathergoods sectors.

(See also CIP and PIP below)




20.1 Competitiveness ImprovementProgramme (CIP)

(For Clusters in the Clothing, Textile,Footwear, Leather and Leather GoodsIndustries)

To create through cluster approach agroup of globally competitive companiesin the qualifying sectors that wouldensure a sustainable businessenvironment able to retain and growemployment levels in South Africa.

A cost-sharing grant incentive forqualifying project cost on clusterprojects.

The incentive structure depends onthe type of cluster. (Clusters areclassified as either Ordinary orNational).

Preference will be given tocluster level interventions thatare based on world classmanufacturing principles andwhich take an holistic approachtargeting all four of theintervention elements, namelypeople, process, product andmarket development.

20.2 Production Incentive (PIP) To help the industry upgrade itsprocesses, products and people.

To move the industry up the value chainto activities that are far more sustainablethan competing against “sweatshop”labour practices and pervasivegovernment subsidisation in otherdeveloping countries.

Incentive benefit equal to apercentage of a company’sManufacturing Value Addition.

Available to the following(collectively referred to as the “thesector”): Clothing manufacturers; Textile manufacturers; Cut, Make and Trim (CMT)

operators; Footwear manufacturers; Leather goods manufacturers; Leather processors and Design Houses.

21. Clothing, Textiles, Leather & FootwearCompetitiveness Scheme

To help improve the competitiveness ofmanufacturers in the sector.

Preferential interest rate scheme. Minimum loan amount of R1million. Maximum loan amount of R40million

per project.

Funding for plant and equipmentor supporting technology that willresult in a substantialimprovement in competitiveness.

22. Pro-Forestry Scheme Support new afforestation andtransformation projects in the Forestrysector.

Loan/equity/quasi-equity. Loan - prime less 2.7%. Equity - 1.5% Real After Tax Internal

Rate of Return (RATIRR).

Forestry Sector Start-ups and existing businesses




23. Technology Venture Capital (TVC)

(Established by the dti and managed byIDC)

To provide funding and business supportto small companies at early stages ofcommercialisation (not development) ofinnovative products, processes andtechnologies across all sectors which havethe potential to make a significantdevelopmental impact on the SouthAfrican economy.

Equity, quasi equity and loans. Minimum of R1million and maximum

of R5million per transaction.

Innovation Local intellectual property

Small Enterprise Finance Agency (SEFA)1. Cooperatives Sefa's mandate is to foster the

establishment, survival and growth ofSMMEs and contribute towards povertyalleviation and job creation.

Start-up loans. Business Loans. On-lending loans.

Sefa provides institutionalstrengthening support of R500,000 grant for Financial Co-

operatives start-ups aimed atsubsidising operational costsexcluding Furniture; Rental; andStipends.

Mentorship is provided to non-Financial Co-operatives. This is anindirect expenditure as it is paiddirectly to the Mentor.

Financial Co-operatives. Co-operatives Banks. Non-financial Co-operatives.




2. Bridging Loan A short-term loan that is provided to anenterprise to finance working capitalneeds (i.e. stock and/or operatingoverheads).

Short-term loan (up to 1year); May be backed by some form of

collateral such as sureties, cessions,etc.

Businesses that have secured firmcontracts from clients (businessto business transactions only).

3. Term Loan To finance assets that have a medium tolong term lifespan (e.g. machinery,fixtures and fittings, vehicles, officeequipment).

Term Loans can also be used for start-ups, expansions and acquisitions ofbusinesses.

Loans that are usually repayablebetween 1 and 5years.

Legally constituted smallbusinesses.

4. Structured Finance To finance businesses that requirefunding that fall outside the parametersof term and bridge loan facilities.

Debt facility tailored around therequirements of the project (tailoredfinance).

Loan can be taken over a period ofmaximum 5years.

Legally constituted smallbusinesses.

5. Wholesale Lending Products Sefa provides facilities to intermediaries,joint venture, partnerships ( SpecialisedFunds ) and other collaborativerelationships to extend Sefa’s reach ofmaking funding available to smallbusinesses across South Africa.

Debt/equity. The target market is survivalists,micro, small and mediumbusinesses including co-operatives.




National Empowerment Fund (NEF)1. iMbewu Fund To support black entrepreneurs wishing

to start new businesses as well supportexisting black-owned enterprises withexpansion capital.

Debt, quasi-equity and equity financeproducts with the funding thresholdranging from a minimum of R250,000to a maximum of R10million.

Funding is delivered through thefollowing products:- Entrepreneurship Finance.- Procurement Finance.- Franchise Finance.

New and early-stage businesses. Black-owned SMEs that have

been awarded tenders orcontracts by public and privatesector entities.

Black entrepreneurs who wish toacquire a franchise license.

1.1 Entrepreneurship Finance Aimed at providing start-up andexpansion capital to new and early-stagebusinesses that are owned and managedby black people.

Funding Instruments include term-loans, shares and other structureswith ordinary share characteristics.

NEF funding is charged at primelinked interest rates.

Minimum black ownership of50.1% is a requirement.

1.2 Procurement Finance Aimed at assisting black-owned SMEs thathave been awarded tenders or contractsby public and private sector entities.

The product’s main objective is to ensurethat qualifying SMEs have the capacity tocarry out the contracts.

Funding instruments include term-loans, bridging finance, asset finance,revolving facilities and debt finance.

NEF will fund both the acquisition ofassets and the working capitalrequirements of the business.

NEF funding is charged at primelinked interest rates.

Businesses with contractsawarded by reputable entities.

Minimum black ownership of50.1% is required.

1.3 Franchise Finance Aimed at assisting black entrepreneurswho wish to acquire a franchise license.

NEF will fund SME; using mainly debt. NEF funding is charged at prime

linked interest rates.

NEF prefers to fund wellestablished franchise concepts.

Minimum BEE shareholding of50.1% is a requirement.




2. uMnotho Fund This Fund is designed to improve accessto BEE capital.

Investment instruments can include acombination of debt, equity andmezzanine finance.

Funding is made available throughthe following five products:- Acquisition Finance,- Project Finance.- Expansion Finance.- Capital Markets Fund.- Liquidity and Warehousing.

Black-owned and managedenterprises.

Black entrepreneurs who arebuying equity shares inestablished black and whiteowned enterprises, starting newventures, expanding existingbusinesses.

BEE businesses that are or wishto be listed on the JSE.

2.1 Acquisition Finance BEE applicants seeking to fund equitypurchases of between R2 million and R75million in existing businesses.


Typical investment horizon of 4 to 7years.

Security to include personalguarantee.

Focus on medium to largecompanies.

Minimum BEE ownership of25.1% post NEF investment.

2.2 New Venture Finance Provides capital of R5million toR25million per project for BEE partiesseeking to participate in medium-sizedgreenfields projects with total fundingrequests of between R10 million andR200 million.

Investment instruments can include acombination of debt, equity andmezzanine finance in support of BEE.

Debt funding raised from the marketto match equity funding provided byNEF and other project sponsors.

Medium-sized greenfieldsprojects.




2.3 Expansion Capital Provide funding of R5million toR75million to entities that are alreadyblack-empowered, but seek expansioncapital to grow the business.

Investment instruments can include acombination of debt, equity andmezzanine finance in support of BEE.

Pricing based on instrument, riskmatrix, security package, etc.


Black owned businesses. BEE shareholding should be a

minimum of 50.1%.

2.4 Capital Markets This product invests in BEE enterprises,particularly those owned by blackwomen, that seek to list on the JSE or itsjunior AltX market.

The Umnotho Fund will also help listedBEE companies to raise additional capitalfor expansion.



Security to include personalguarantee.

BEE enterprises, particularlythose owned by black women,that seek to list on the JSE or itsjunior AltX market.

2.5 Liquidity and Warehousing Assists BEE shareholders who need to sella portion or all of their shares (asminority stakes in unlisted firms are hardto sell).

Also acquires and temporarilywarehouses these shares before on-selling them to new BEE shareholders.

Refinances BEE shareholdings whereexisting financing structures are costlyand/or inefficient.



Focus on medium to largecompanies.

BEE shareholders.




3. Rural & Community DevelopmentFund

To promote sustainable change in socialand economic relations and supportingthe goals of growth and development inthe rural economy, through financing ofsustainable enterprises.

The fund has three products:- Acquisition Finance.- Expansion Capital.- Project Finance.

The funding threshold ranges fromR1million to R50million.

The NEF will invest using debt, equityand quasi-equity instruments.

Sectors Funded: Agro Processing. Manufacturing. Eco-Tourism. Forestry and Fisheries. Commercial Property. Aqua and Marine Culture. Non - Farm Activities (rural

based).

3.1 Acquisition Finance This product was designed to cater forrural entrepreneurs or communitiesseeking to buy equity in existing rural andcommunity enterprises focusing on smallto large ventures where partnershipsbetween NEF, BEE parties or communityentity and technical partner is involved.


Rural entrepreneurs andcommunities.

3.2 New Venture Capital Assists rural entrepreneurs and co-operatives and communities with equitycontribution towards establishment ofsustainable new ventures in Agri-sectorincluding forestry, tourism, processing,etc.

Equity contribution. The NEF will invest using debt, equity

and quasi-equity instruments.

Rural entrepreneurs and co-operatives and communities.

Agri-sector including forestry,tourism, processing, etc.

3.3 Expansion Capital Facilitates involvement and ownership bycommunities in projects promoting socialupliftment of rural and communityprojects using entities such as co-operatives and private companies.


Projects promoting socialupliftment of rural andcommunity projects.




4. Strategic Projects Fund To increase the participation of blackpeople in early-stage projects.

Seeks competitive opportunity for theSouth African economy and the inclusionof black participation in opportunities atthe outset of projects, as opposed todoing so during equity closure.

Venture Capital Finance aimed atdeveloping South Africa’s new andstrategic industrial capacity withinstrategic sectors identified bygovernment as key drivers toeconomic growth.

Sector focus is informed by thegovernment's strategies onindustrial development throughthe dti's National Industrial PolicyFramework, the correspondingIndustrial Policy Action Plans[IPAP] as well as the currentgovernment economic growthstrategy, the New Growth Path.

National Youth Development Agency (NYDA)1. Grant Programme To provide young entrepreneurs an

opportunity to access both the financialand non-financial business developmentsupport to establish their survivalistbusinesses.

Just fewer than 600 South Africanyouth owned enterprises will benefitfrom the grant programme startingfrom R1,000 to R100,000.

Thousands more youth will access thenon-financial business supportservices.

Focusses on youth entrepreneurswho are just coming intoexistence and beginning todisplay signs of future potentialbut not yet fully developed.

Land Bank1. Long Term Loans For agricultural related capital

expenditure, permanent working capitaland mezzanine type debt tranches.

Term is negotiable - usually between3 and 25 years with dueconsideration of both economic anddeemed useful life of assets financedor permanent working capitalrequirement.

Primary agriculture.




2. Revolving Loan Facilities Financing of seasonal and cyclicalrequirements/expenditure during theagricultural, economic or business cycle.

Established customers – loansgranted on a three year basis.

New clients - the initial term is in linewith the business cycle and can be 12or 18 months for most businesses or24 months for sugar cane or timber.

Instalment sale facilities are grantedin line with the average maturity ofthe underlying financial assets.


3. Long Term Mortgage Loans Fixed instalment loans for capitalexpenditure.

Corporate clients use these loans for thepurchase of land, the purchase andinstallation of machinery and equipment,fixed asset improvements, water projectschemes and other agriculture-relatedcapital expenditure.

Term is negotiable usually between 5and 15 years.

Repayment is either in annual ormonthly instalments. Instalments canbe calculated on an actuarial or"straight-line" basis.


4. Medium Term Loans Generally used for supplementingworking capital.

In the form of cash credit accounts. Repayment usually between 3 and 8

years.





5. Short Term Loans These loans meet seasonal financerequirements.

Tailored to meet important financingneeds in the agricultural cycle includingthe provision of advances - against cropintakes, production requirements,production credit and other relatedservices that include the handling,manufacturing, packing, processing,storage, transport and/or marketing ofagricultural products.

The term is linked to the seasonusually for a maximum term of 18months.


6. Guarantees For the purpose of guaranteeing themeeting and fulfilment of corporateclients' obligations in connection withtheir agriculture related activities.

Rates for issuing guarantees arehighly competitive.

There are no fixed terms and acancellation clause is negotiable.

Agriculture-related activities andinsurance premium guarantees.

7. Establishment loans For establishing perennial crops. Terms not specified. Perennial crops. Loans typically used for

establishing sugar caneplantations, citrus and deciduousfruit orchards, timber plantationsand vineyards for table and winegrapes.




8. Large Livestock To purchase livestock using the latestavailable animal identificationtechnology.

Can also be used to finance high valuegame and horses.

Medium term loan. The animals bought and the client's

existing animals form the mostimportant security - the animalsbelong to the Bank until the loan hasbeen repaid.

Aimed at clients who: Have an established herd of stud

animals; or Are involved in extensive beef

production; or Have an established herd of dairy

cows;who wish to expand their herds,without offering land for securitypurposes.

9. Instalment Finance Medium-term loan where the goods thatyou buy act as the main security for theloan.

To enable all farmers, especially thosewith limited assets to grow theirbusinesses.

Finance package is available forperiods between 3 and 10 years.

Payments can be made on a monthly,quarterly, six-monthly or annualbasis.

Typical uses for the loan: Farming equipment. Implements. Vehicles. Livestock. Certain types of stud livestockAn individual farmer or a group orany legal entity may access thistype of loan.

10. Special Mortgage Loan People and groups who: Were previously denied their full rights to

buy land. Have the potential to become successful

farmers.

Currently the special interest rate isset at 10%.

This rate is fixed for 24 months withintention of keeping it as low asprevailing market conditions allow.

Maximum loan at the special interestrate is R500,000.

The loan term is up to 25 years.

Previously disadvantaged personsand first time buyers.




11. Retail Emerging Markets BusinessUnit

The business unit has been mandated tosupport black emerging farmers bytransitioning them to commercialisationwithin a stipulated timeframe.

Support includes: Acquiring finance at concessionary

rate. Skills transfer through end to end

business support. Cash Flow lending approach

(repayments structured in line withproduction cycle).

Black emerging farmers.

11.1 Direct Lending For farmers who directly approach theBank’s Agricultural Finance Centre’s.

(see 11. Above) Black emerging farmers.

11.2 Wholesale Finance Facility A revolving loan facility administered byIntermediaries which is only for primaryagricultural purposes.

The Bank will on lend toIntermediaries at concessionary rate(pricing is subject to change at theBank’s discretion).

The Intermediary is mandated to on-lend to black emerging farmers atconcessionary rate agreed with theBank.

Intermediaries with a proventrack record in lending.




Development Bank of South Africa (DBSA)1. DBSA Financing Divisions Lending is focused on infrastructure and

commercially viable projects. DBSA also provides credit lines to other

development finance institutions withlending periods generally more than fiveyears.

Investment products include EquityFunds, BEE financing of equities andprivate funding.

Infrastructure funding with Loans. Equity investments. Co-funding. Grants. Development outlay.

Available to private and publicsector organisations to catalyseprivate sector investment forinfrastructure.

2. DBSA Project Preparation Funding To provide project preparation funds fordeveloping infrastructure projects.

Supports the pipeline of DBSA’s financingdivisions.

Funding to be used for the following; Creating an enabling environment for

infrastructure projects to beimplemented.

Conducting pre-feasibility studies. Conducting bankable feasibility

studies. Assistance with costs to reach

financial close.

Projects which the DBSA’sfinancing divisions can include intheir pipeline.

Limited to projects in SouthAfrica, SADC, and select countriesin the African continent.

Sector focusses: - Energyinfrastructure; Water &Sanitation infrastructure;Transport and Logisticsinfrastructure; ICT Infrastructure.




3. Infrastructure Investment Programmefor South Africa (IIPSA)

To support South Africa’s NationalDevelopment Plan as well as the RegionalInfrastructure Development Master Planof SADC.

Jointly developed by the Government ofSouth Africa and the European Union.

Funded by the European Union for a totalvalue of €100 million.

DBSA is the implementing agent for IIPSA.

Innovative financing involving theblending of EU grants together withloans from participating DevelopmentFinance Institutions (DBSA, KFW, EIBand AFD).

IIPSA is a grant facility with thecondition of a loan from one or moreof the participating DFIs.

Limited to South Africa and theSADC region.

SADC projects have to be a trans-border project involving two ormore countries in the SADCregion or a national project with ademonstrable regional impact onone or more countries in theSADC Region.

Sectors for which the fund isavailable include: * EnergyInfrastructure; * Transport andlogistics infrastructure;* Protection of the environment;* ICT infrastructure; * SocialServices and infrastructure.




4. SADC Project Preparation &Development Facility (PPDF)

Born out of article 26A of the SouthernAfrican Development Community Treaty.

To address the shortage in projectpreparation funding for infrastructureprojects in the region.

Funds are administered, managed anddisbursed by DBSA on behalf of the SADCSecretariat.

Funded by the European Union and KFWInvestment Bank.

A grant facility will be made availablefor 95% of the required amount. A 5%monetary value of the grant isrequired from the recipient.

Technical assistance for infrastructureproject identification, preparationand feasibility studies with a view tomaking the projects bankable andattractive to investors.

Limited to projects within theSADC region.

The projects should span overtwo or more SADC countries or iflocated in one country shouldfacilitate and promote regionalintegration.

Sectors for which the fund isavailable include: * Transportinfrastructure; * Energygeneration and transmission.*Information and CommunicationTechnologies. *Water andSanitation. *Tourism relatedinfrastructure.

5. The Green Fund To support green initiatives to assistSouth Africa’s transition to a low carbon,resource efficient and climate resilientdevelopment path delivering high impacteconomic, environmental and socialbenefits.

The Fund is managed by DBSA on behalfof the Department of EnvironmentalAffairs.

Financial support may take the form of: Grants (recoverable and non-

recoverable). Loans (concessional rates and terms) Equity.

The functional focus areas for theGreen Fund include the following: Project development and/or

investment in green projects andprogrammes.

Capacity building. Research and policy

development.The Fund will support initiativesacross these three focus areas in aphased approach.




6. DBSA & USTDA InfrastructureCooperation Agreement

The cooperation agreement betweenDBSA and US Trade and DevelopmentAgency (USTDA) allows for theacceleration of large scale infrastructureprojects across Sub Saharan Africa.

Project preparation grant/capitalfunding and other funding mechanismssuch as: Feasibility studies. Pilot projects. Technical assistance.

Large scale projects across thepower, transport and ICT sectorswill be prioritised.

Public Investment Corporation (PIC)1. Isibaya Fund Provides finance for projects which are

able to generate good financial returnswhile also supporting positive, long-term,economic, social and environmentaloutcomes for South Africa.

With the exception of private equity,which is return-focused, the aim ofinvesting in social and economicinfrastructure and SMMEs is to obtain afinancial return whilst contributingpositively to the development of SouthAfrica.

The funds are invested either as debt,equity and mezzanine, or acombination thereof.

In respect of SMME, the funding isusually provided in the form of aloan.

Economic infrastructure (e.g.road, energy, water).

Social infrastructure (e.g.education, affordable housing,health).

Environmental Sustainability (e.g.clean technology, renewableenergy).

Job Creation. Enterprise Development. BBBEE. Isibaya Fund will directly provide

funding to entities and projectswhich require funding ofR20million and upwards.




Technology Innovation Agency (TIA)1. Risk Funding Schemes TIA offers three risk funding schemes

aimed at directly financing technologydevelopment projects with commercialpotential.

Funding schemes are differentiatedbased on a combination of theamount of funding the applicantrequires for technology development,the stage of technology developmentas defined by the technologyreadiness level.

Innovative technology-basedideas for either new or improvedproducts, processes or services.

1.1 Seed Fund

(Implemented by TIA on behalf of thedti)

To assist researchers from highereducation institutions, SMMEs, sciencecouncils, and technology entrepreneurs inbridging financing requirements totranslate research outputs into fundableideas for commercialisation.

R100,000 (minimum amount offunding).

R500,000 (maximum amount offunding).

12 month funding period.

Higher education institutions(HEIs) and Science Councils (SCs)Small, medium and micro-sizedenterprises and start-upcompanies.

1.2 TIA: Technology Development Fund

(Implemented by TIA on behalf of thedti)

To support the development oftechnologies from proof concept, leadingto product prototype and ultimatelydemonstration thereof in an operatingenvironment.


R50million (maximum amount offunding).

One to 10years funding period.

Science Councils, Highereducation institutions, small,medium and micro-sizedenterprises and Start-upcompanies.

1.3 Commercialisation Support Fund

(Implementing Agency - TechnologyInnovation Agency (TIA) on behalf ofthe dti)

To prepare innovators for follow-onfunding through limited support formarket testing and validation.

TIA’s role is to connect technologyinnovators to onward business andinvestment opportunities.


R50million (maximum amount offunding).

Three to five years funding period.

Higher education institutions,small, medium and micro-sizedenterprises and start-upcompanies.




2. Youth Technology Innovation (YTIP) Created in order to accommodate younginnovators who may not necessarily bedirectly linked to any SCs, HEIs andSMMEs.

Designed to assist young innovators toaccess risk funding, mentorship andbusiness skills support.

The Programme uses a voucher systemwith the following six offerings: Prototype development at TIA

Technology Stations and TechnologyPlatforms;

Intellectual Property Protection; SABS Testing and Product

Certification; Stipend per person per annum for up

to four people, for use towardsestablishing an enterprise;

Business coaching; and Incubation services for two years at

an incubator recognized by TIA.

Be a South African or havepermanent residency.

Be between the ages of 18 to 30. Should not have received funding

from TIA before.

National Housing Finance Corporation (NHFC)1. Projects Division For Social Housing Institutions (SHI), to

develop housing projects, which offer themiddle-income households earningbetween R3,000 and R7,500 per month,access to subsidised rental housing.

For Property Practitioners to buy and/orrefurbish existing buildings; or forGreenfields housing developments foraffordable rental or sale purposes.

Project Rental Term Loan. Social Housing Rental. Bridging Finance.

(see below)

Social Housing Institutions. Property Practitioners

(Developers / Landlords).




1.1 Project Rental Term Loan A Medium to Long Term Loan offered toPrivate Property Practitioners whoprovide affordable rental accommodationideally offering a perpetual rental tenureoption.

Applications above R10million. Finance limited to 65 - 70% of the

total development costs. Borrower to provide the balance as

equity. Up to15 years.

Private Property Practitioners(Landlords, Developers, etc.)

1.2 Social Housing Rental Long Term Loan for subsidised perpetualrental accommodation.

Loan to buy and / or refurbish existingbuildings or Greenfield developmentprojects for rental accommodationpurposes.

Finance is limited to 25 - 30% of totaldevelopment costs (no upper/ lowerlimit).

70 - 85% balance will comprise ofRestructuring Capital Grant (RCG)from the Social Housing RegulatoryAuthority (SHRA) and InstitutionalSubsidy from the Province, anddefined equity from applicants whoare not non-profit companies.

15 years up to 20 years term loan.

Social Housing Institutions (non-profit companies).

Private Property Practitioners(Landlords, Developers, etc.)

1.3 Bridging Finance Loans to unblock construction of privatehousing, to broaden scale of impact andto penetrate new markets.

Minimum size of the development is 100units.

Loan preferably of more thanR10million.

Loan facility will be limited toapproximately 30 up to 50% of totalborrowings costs as equity.

Up to 3year term period.

Developers.




2. Commercial Division Lends to Retail Finance Intermediaries(RFI’s) that provide incremental andbonded housing options to end-beneficiaries (home seekers).

These entities ‘may’ in turn extendvarious unsecured housing finance loanproducts to the end-beneficiary targetmarket.

Incremental Facility. Homeownership facility.

(See below for details)

Retail Finance Intermediaries.

2.1 Incremental Facility Wholesale Structured Loans for RetailFinance Intermediaries to broaden scaleof impact and penetrate new marketsand/or to on-lend to qualifying low andmiddle-income households who want toincrease house value.

Loan size minimum of R10m. Maximum term of 5 years. Lender to contribute a minimum of

20% capital adequacy of the totalfacility amount.

Established and accredited Micro-Finance Lenders, Retail FinanceIntermediaries (RFI's) and/orBanks.

2.2 Senior and Mezzanine loans To increase the availability of finance forhomeownership purposes to incomegroups of up to R15,000.

Facility amount ranges betweenR20m and R200m.

Repayment period is 20 years and theinterest rate is linked to the prime.

Intermediary must provide a 20%capital adequacy of the loan amount.

Established and accredited Micro-Finance Lenders / Retail FinanceIntermediaries (RFI's) and/orBanks.




National Urban Reconstruction and Housing Agency (NURCHA)1. Subsidy Housing Lending Programme Provides bridging finance loans to

contractors building low-cost homes fullyfinanced by a government housingsubsidy.

This programme has traditionally formeda backbone of NURCHA’s business.

Loan. Contractors (mainly previouslydisadvantaged South Africans)operating in the subsidy housingsegment.

2. Affordable Housing Aimed at helping residential developersproduce housing units for needs of theaffordable and gap housing category ofthe market.

Loan. Private sector developers whoprovide entry level bonded,densified and GAP housing.

3. Infrastructure and CommunityFacilities Lending Programme

NURCHA has expanded its programmeline-up to include funding for theconstruction of various infrastructure andcommunity facilities projects.

The programme covers financing theconstruction of schools, clinics andcommunity halls.

(Details not provided.) Infrastructure and communityfacilities.



ORGANISATION / FUND DESCRIPTION / OBJECTIVE TYPE OF FUNDING TARGET CLIENTS / SECTORS.

DEVELOPMENT FINANCIAL INSTITUTIONS - GOVERNMENT (PROVINCIAL)

KWAZULU-NATAL

KZN Growth Fund1. Project Finance The investment mandate of the Fund is to

create sustainable development byfinancing projects that create jobopportunities and promote broad-basedblack economic empowerment whilstbeing commercially viable.

The ticket size of the Fund’s investmentper project starts from R30m for debt andR20m for equity.

Project Finance. Structured Debt. Equity Finance.

The KZN Growth Fund targetsprojects across many sectors inthe province with the exceptionof residential property and sinindustries (tobacco, gambling,etc.)

Ithala Development Finance Corporation1. Business Finance Facilitates the development and

empowerment of, especially KwaZulu-Natal based small, medium and micro-enterprises (SMMEs) and Co-operatives.

Activities are keenly focused on offeringfinancial and supportive services within adiverse range of key product groupings.

Product groupings include: Commercial Asset Finance. Agriculture and Agro-processing

Finance. Structured Finance. Commercial Property Finance. Procurement Finance. Micro-Finance. Franchise Finance.

The complete business sectorspectrum, inclusive of serviceindustries, manufacturing, trade,retail, tourism and hospitality.




1.1 Commercial Asset Finance This fund is geared towards assistingSMMEs and Co-operatives to purchaseassets required in order to operate andgenerate profit.

Products offered include: Instalment Sale Agreement. Marine Finance. Aircraft Finance. Credit Lines. Working Capital Finance Term Loan. Working Capital Finance Revolving

Loan.

Small, Medium and MicroEnterprises (SMMEs).

Co-operatives.

1.2 Agriculture and Agro-ProcessingFinance

This fund has been developed to supportSMMEs and Co-operatives in puttingarable land to productive use, theacquisition of livestock, the purchase ofequipment and for the provision ofworking capital.

Products offered include: Land and Building Finance Loan. Equipment Finance. Working capital or Revolving loan. Working Capital or Term Loan. Livestock Finance.

Small, Medium and MicroEnterprises (SMMEs).

Co-operatives.

1.3 Structured Finance The purpose of this product is to providefinancial assistance to individuals to obtainshares in existing, successful, mediumsized private companies based in KwaZulu-Natal or to enable individuals to pursuemanagement buy outs of companies.

It is also aimed at transactions that fall outof the scope of normal financing productswhere finance needs to be tailored via acombination of a debt and equityinstruments.

Products offered include: Leverage Finance. Project Finance. Acquisition Finance. Working Capital Finance - Term Loan. Working Capital Finance - Revolving

Loan. Risk Finance. Guarantees.

Individuals aiming to obtainshares or effect managementbuyouts in existing, successful,medium sized private companiesbased in KwaZulu-Natal.




1.4 Commercial Property Finance Financing of fixed property usedexclusively by owners and / or tenants fortrading purposes or for providingprofessional or other services for financialgain. This includes office and generalcommercial accommodation.

Products offered under this fundinclude: Property Acquisition Finance. Working Capital Finance Term Loan. Working Capital Finance Revolving

Loan. Risk Finance. Guarantees. Property Development Finance.

Available to: SMME’s. Property holding entities. Developers of properties for rent

to SMME’s. Developers of properties or

infrastructure which will benefitpreviously disenfranchisedcommunities.

Properties to be purchased as aninvestment property.

1.5 Procurement Finance Financing of businesses that have obtaineda contract or order either from the privateor public sector,

Providing a working capital facility forgrowing manufacturing concerns by meansof discounting invoices.

To provide bridging finance andperformance guarantees to smallcontractors in the building and alliedtrades based on a secured contract.

Products offered under this fundinclude: Bridging Finance. Working Capital Finance Term Loan. Working Capital Finance Revolving

Loan. Order Finance. Guarantees. Invoice Discounting Finance.

Businesses that have obtained acontract or order.

Growing manufacturingconcerns.

Small contractors.

1.6 Micro-Finance Lending activities to clients that requireshort term liquidity funding up toR250,000.

Products offered include: Term loans. Revolving facility.

Small and micro businesses.




1.7 Franchise Finance Financing of a new or the acquisition ofexisting franchises for SMME’s within KZN.

Products under this fund include: Asset Finance. Instalment Sale Agreement (ISA). Working Capital Finance Term Loan. Working Capital Finance Revolving

Loan. Risk Capital Finance. Guarantees.

Franchises.

FREE-STATE

Free State Development Corporation1. Business Finance / Loans The principal objectives in the FDC’s SMME

development strategy are: Development of sustainable SMME

projects that create jobs. Growing a balanced and profitable SMME

loan portfolio. Promoting black economic empowerment

and increasing economic participation ofpreviously disadvantaged individuals.

See the various Funds below. Funding of SMME’s and Co-operatives are directed to thefollowing key strategic sectors: Manufacturing. Agro-Processing. Mineral Beneficiation. Chemical Beneficiation.




1.1 Co-Operatives Development Fund To fund Co-operatives for expansion andsustainability.

Acquiring and supplying of any productproduced by the Co-operative.

The loans will be considered only forincome generating assets for the purposeof ensuring that the Co-operativesproduce and supply goods and services.

Based on the capital required but notto exceed R500,000 per investment.

60 to 72 months maximum. The interest rate charged will be

based on the prevailing prime rateplus 1%.

Co-operatives.

1.2 Informal Sector Fund Alleviating unemployment through micro-enterprise initiatives.

Financing of businesses which are atformation stages.

To assist the unemployed and preferablypeople with technical skills to start micromanufacturing businesses.

Loan Size - Based on capital needs, aminimum of R5,000 and notexceeding R50,000 per investment.

Loans for stock and equipment. Loan repayment terms - 60 to 72

months maximum. The interest rate charged will be

based on the prevailing prime rateplus 1%.

Targeting the informal sectorand small start-up businesses.

1.3 Franchise Development Fund To actively promote franchise businessesin the Free State.

To promote Broad Based Black EconomicEmpowerment.

Loan based on the capital needs, butshall not exceed R5,000,000 perinvestment.

Loan Repayment terms - 60 to 72months maximum.

The interest rate charged will bebased on the prevailing prime rateplus 1%.

Targeting entrepreneurs frompreviously disadvantagedgroups.




1.4 Youth Fund Alleviating unemployment amongst theyouth through business initiatives.

Financing of start-ups, expansions andbuy-in/out operations.

Companies, co-operatives and closedcorporations owned, managed andoperated by the youth.

Loan Size based on capital needs, aminimum of R50,000 and notexceeding R500,000 per investment.

Loan Repayment terms - 60 to 72months maximum.


Owned, managed and operatedby the youth.

1.5 General Enterprise Development Fund Increase participation of previouslydisadvantaged individuals (PDI) in areas ofthe economy in which they areunderrepresented.

Establishment of a significantmanufacturing sector in the Province.

Promote and encourage tourismdevelopment in the Province.

Diversification and Technology upgradingof existing manufacturers.

Financing of commercial vehicles (Lightand medium trucks) including heavy dutytrucks with semi-trailer configuration fortransporting goods.

Financing of plant, machinery andequipment including industrial equipment.

Loan size based on the capital needs,above R50,000 and not exceedingR5,000,000 per investment.

Loan repayment terms - 60 to 72months maximum.

Loans for property: Maximum 120months.


Manufacturing Agro-processing ICT and BPS&O Transport and Logistics Industrial equipment




1.6 Bridging Finance (Non-ConstructionRelated)

To bridge the cash flow needs of SMME’swho have to meet specific contracts ororders.

Loan size based on the capital needs. The loan shall be limited to 80% of

the contract amount or R1,000,000;(whichever is lesser).

Loan Repayment term linked to theproject cycle.


Finance is targeted to SMME’s inthe service, manufacturing andretail industries.

1.7 Bridging Finance (ConstructionRelated)

To bridge the cash flow needs of SMME’swho have to meet specific contracts ororders.

Provide finance for contractors who havebeen awarded construction relatedtenders by the Government departmentsand Municipalities.

Loan size based on the capital needs. The revolving credit lines, may not

exceed R5,000,000 per project,limited to a threshold of 50% of thecontract amount.

Loan Repayment Term - Linked tothe project cycle.


SMMEs in Construction.

1.8 Agriculture Development Fund –Production Loan

To provide bridging finance to coverproduction, harvesting, storage,processing and marketing costs.

Loan size based on the productioncosts but not to exceed R500,000 pertransaction.

Loan Repayment Term - In line withthe production season but not toexceed 12 months.

The interest rate charged will befixed, based on the prevailing bankprime rate plus 2%.

Primary Agriculture (Crop).




1.9 Agriculture Development Fund –Livestock Loan

Finance for purchase of livestock, broodstock and fingerlings, marketing costs andproduction inputs such as feeds,medicines, etc.

Loan size based on the capitalrequired but not to exceed R100,000per Investment.

Loan repayment term repaymentswill be acceptable for a period of notmore than 36 months.

Compound interest to be chargedbased on the prevailing bank primerate plus 1%.

Primary Agriculture (Livestock).

2. Agricultural Related Need IndustrialEquipment Loan

Finance for the purchase of tools, plantand machinery, irrigation and otherfarming equipment including specialisedvehicles.

Loan size based on capital needscosts but not to exceed R500,000 pertransaction.

Loan repayment term - 60 to 72months maximum.

Compound interest to be chargedbased on the prevailing bank primerate plus 1%.

Primary Agriculture.

EASTERN CAPE

Eastern Cape Development Corporation1. Development Finance To provide financial services for initiatives

that bring a meaningful developmentimpact to the Eastern Cape economy.

(see product explanations below) A business with headquarters inthe province, or can prove themajor developmental impact willbe felt in the province, will beconsidered for finance.




1.1 Termcap (See 1. Above) Value – R500,000 to R20million. Term - 5 to 7 years. Interest - From prime – 2% to Prime

+3%.

(See 1. Above)

1.2 Nexus trade (See 1. Above) Value – R10,000 to R500,000. Term - 1 to 6 months. Interest - 0%.

(See 1. Above)

1.3 Workflow contractor (See 1. Above) Value – R100,000 to R20million. Term - 3 to 36 months. Interest - From prime -2 to prime

+3%.

(See 1. Above)

1.4 Powerplus (See 1. Above) Value – R20,000 to R500,000. Term - 12 to 36 months. Interest - Linked to the prime

interested rate.

(See 1. Above)

2. Risk Capital The unit has helped businesses establishpilot projects that are of a strategic nature,are sustainable and which will serve togenerate economic activity.

Consider funding various business-related studies in the form ofbusiness plans, feasibility studies andenvironmental impact assessments.

Priority sectors include: Agriculture. Agro processing. Tourism. Property Development.




Eastern Cape Rural Development Agency1. Rural Finance ECRDA complements government’s efforts

to ensure that rural programmes andenterprises have the requisite working andoperating capital to bring their ideas tolife.

Loan funding. A key criterion to loan funding is

measured according to the individualenterprise’s ability to repay theloans.

Rural enterprises.

NORTH WEST

North West Development Corporation1. Small business finance To be the heartbeat of trade, investment,

sustainable economic and job creation inthe North West province.

Offers assistance and advice to smallbusiness owners. Also have loan fundingavailable to set qualifying businesses ontheir path to success.

Loans. Small and medium sizedenterprises.

GAUTENG

Gauteng Enterprise Propeller (GEP)1. Financial Support Programme To provide both financial and non-financial

support for the benefit of SMME’s inGauteng.

Customise the right financingsolutions to accommodate yourparticular needs and goals.

Gauteng SMMEs and Co-operatives.




Gauteng Partnership Fund (GPF)1. Rental Housing Fund Developed for rental housing entities that

require additional funding into the project. The equity type loan enhances the debt to

equity ratio for projects to enable lendersto finance, on favourable terms.

Subordinated debt. GPF investment of up to 20% or 30%

of the total project costs. Term - 15 - 20 years depending on

project cashflows and company BEElevels.

Pricing - Minimum of JohannesburgInterbank Agreed Rate (JIBAR) plus amargin.

Any company or project SpecialPurpose Vehicle (SPV) with arecognised legal form thatprovides rental or delayedownership schemes tohouseholds with monthlyincome less than R15,000.

2. Social Housing Fund Developed for social housing institutionsthat require an equity injection intoprojects.

The GPF equity enhances the debt toequity ratio for projects to enable lendersto finance, on favourable terms.





Any social housing institution orProject Special Purpose Vehicle(SPV) with a recognised legalform that provides rental ordelayed ownership schemes tomajority of families withhousehold monthly income lessthan R15,000.

3. Student Accommodation Fund Developed for student housing entitiesthat require additional funding intoprojects.

The equity type loan enhances the debt toequity ratio for projects to enable lendersto finance, on favourable terms.





Any company or project SpecialPurpose Vehicle (SPV) with arecognised legal form thatprovides affordable studentaccommodation that is wellmanaged.




4. Entrepreneur Empowerment PropertyFund

An incubator programme designed topromote participation of previouslydisadvantaged owned companies in theaffordable rental property market.

The programme is limited to prospectiveparticipants invited on public tenderannually.

Subordinated debt. GPF investment of 40% of the total

project costs. Term - Maximum period of 20 years

depending on project cashflows. Pricing - Minimum of Johannesburg

Interbank Agreed Rate (JIBAR) plus amargin.

A 100% historical disadvantageindividual (HDI) ownedcompanies that provide rental ordelayed ownership schemes tohousehold with monthly incomeless than R15,000.

5. Risk Participation Facility Strategic Partnerships with banks. Developed for the established

entrepreneurial rental housing sub-sector,offering rental accommodation to the lowincome target market.

This facility is made available viacommercial funders to entrepreneurs,allowing for blending of interest ratesbetween Banks and GPF.

Term - ranges between 10 and 15years depending on project cashflows.

Pricing - Prime (blended rate). GPF investment up to 20% of the

total project costs.

Any company or project SpecialPurpose Vehicle (SPV) with arecognised legal form thatprovides rental or delayedownership schemes to familieswith a monthly householdincome less than R15,000.

6. Development Finance Facility Established for developers in theAffordable Housing Sector, to assist infinancing developments for sale of standsand housing units.

To provide a favourably priced mix ofpublic and private sector funding todevelopers for housing projects to the gapmarket.

This facility is made available viacommercial funders to developersallowing for blending of interest ratesbetween Banks and GPF.

Term - Maximum 36 months. Pricing - Prime (blended rate). GPF investment up to 20% of the

total project costs.

Greenfield developments. Any company or project Special

Purpose Vehicle (SPV) with arecognised legal form thatprovides rental or delayedownership schemes to familieswith a monthly householdincome less than R15,000.




MPUMALANGA

Mpumalanga Economic Growth Agency (MEGA)1. SMME Loan Products

(based on old information – recentinformation could not be found)

To assist with the growth anddevelopment of the Small, Medium, andMicro Enterprises (SMME’s) and Co-operatives (Co-ops).

Business Purchase. Establishment of business. Business Expansion. Bridging Finance. Purchase of equipment, stock and

for working capital. Guarantees.

Previously disadvantagedindividuals who have limitedaccess to funding in respect ofbusiness enterprise within theMpumalanga Province.

LIMPOPO

Risima Housing Finance Corporation1. Risima Housing Finance Corporation Created to respond to the need to create

access to home loan finance to allresidents of Limpopo, irrespective ofwhere they live, in so doing: assist theLimpopo Economic Development Agencyto achieve its objective of job creation andempowerment in Limpopo throughhousing construction, in support of theProvincial Employment, Growth andDevelopment Plan.

Housing Loans. Residential buildingconstructions.

Purchasing of existing residentialhouses.

Purchasing of sites. Extensions and renovations. Switch bonds. Installation of solar water

heating systems. Additional loan. Access bond.




NORTHERN CAPE

Northern Cape Department of Economic Development and Tourism1. Economic Growth and Development

Fund The policy of the fund is currently being

reviewed. Grant funding. The policy of the fund is

currently being reviewed.




COMMERCIAL BANKS

Standard Bank1. Business Term Loan To secure funds for a period of up to 10

years. Can be used to fund the following:

- Buying fixed assets, for exampleproperty or equipment.

- Refurbishments and alterations.- Buying a new business.

Repayable in equal instalments. Loan for up to 10 years. Loan period is not fixed but is

determined by your monthlyrepayments.

Minimum loan amount is R50,000and there is no maximum.

Business banking customer.

2. Medium Term Loan A customised term loan product with afixed maturity period of between one and10 years.

Can be used to fund the following:- Buying fixed assets, for example

property or equipment.- Refurbishments and alterations.- Buying a new business.

Interest is linked to the prime rate. The amount of the loan, the interest

rate and your repayment plandepend on how much collateral youhave, and the value of the assets youwant to buy.


3. Business Mortgage To provide funds to buy a convertedresidential property whereby a portion orthe entire property is used for businesspurposes.

Can borrow an amount of betweenR100,000 and R10million.

Repayment period can be up to 20years.

Can get a loan of up to 80% of theproperty's assessed value.

Can link it to an AccessBond facility. Has a Further Advance facility. Has a Re-advance facility.

Qualifying businesses andproperties.




4. Commercial Property Finance Financing solutions for both owner-occupied and investor property clients.

The minimum loan amount forowner-occupied properties isR40million. There is no maximumloan amount.

There is no minimum loan amount forinvestor properties. The maximumloan amount is R40million.

Types of properties include: Industrial. Retail. Offices. Factories. Warehouses. Workshops. Doctors’ rooms. Hospitals. Showrooms. Hotels. Educational institutions.

5. Debtor Finance To support the working capital needs ofgrowing businesses.

Purchase approved trade debtorinvoices with an agreed portion(usually 75%) being paid at the timeof purchase and a similar portion paidon all future approved trade debtorinvoices.

Qualifying customers.

6. Business Revolving Credit A line of credit that can be used whenrequired.

Amount determined by repaymentability.

It can range from a minimum ofR10,000 up to a maximum ofR4million.





7. Banker’s Acceptance A bill drawn by you on the bank forperiods of between 30 and 365 days.

Once accepted, an amount equal to itsface value, less finance charges, isimmediately paid into your account.

The full amount of the bill is payable tothe bank on the maturity date.

Credit criteria for this type of financeare more stringent than for mostother types of loans.

Only considered for biggerbusinesses with substantialcapital and strong profit recordsfor the past three years.

8. Vehicle and Asset Finance Vehicle and capital equipment finance forbusiness in South Africa.

Types of finance include: Access Finance. Financial Lease. Fleet Management. Interim agreement. Instalment Sale.

Assets financed include: Aviation. Construction & Materials

Handling. Technology (Medical, Printing, IT,

& Diversified Assets). Manufacturing. Transport Industry. Mining Equipment. Agriculture Equipment.

First National Bank1. Business Loan Capital to inject into a business for growth

or expansion purposes, acquire assets oradditional business opportunities, orfinance other business-relatedexpenditure over the medium term.

3 months to 5 years with a minimumloan amount of R2,000.

May not be required to providesecurity for loans of up to R400,000.

Pay less interest over time.

FNB Business Account holders.




2. Business Bond To unlock equity in residential property forcapital to expand or refinance thebusiness.

Terms of between 5 and 10 years. Minimum loan value of R100,000;

maximum value of R1,000,000(subject to affordability).

Pay less interest over time.


3. Business Flexi Loan Access to capital you have already repaidon the loan.

Redraw funds - Once 15% of thecapital amount has been paid.

Initial terms - 60 months, and amaximum loan amount ofR2,,000,000

Flexible interest rate - Linked toprime - adjusted as the prime lendingrate changes.


4. ecoEnergy Loan Upgrading premises to make them moreenergy efficient, reducing your operatingcosts.

Flexible terms - Between 5 and 10years.

R100,000 maximum value R1,000,000(subject to affordability).

3-month capital holiday - At the startof the loan (interest must be servicedduring this period).


5. Leverage Finance Offers a strategic growth opportunitythrough business acquisition, leveraged-buy-out, management-buy-out and buy-in,BEE transaction, generational transitionsand enhanced capacity.

Flexible, competitively pricedmedium-term debt.

Complete financing packages tosupport business growth.

Innovative and flexible dealstructuring.

Qualifying deals.




6. Debtor Finance A non-disclosed, working capital facilitydesigned to afford cash flow accelerationagainst the security of your debtor's book.

Provides funding of between 70% and80% of your debtor's book.

Administration and collection ofdebts is done by your company.

Debtors are funded up to 120 daysfrom invoice date.

Qualifying customers.

7. Selective Invoice Discounting This is invoice level financing, where eitherselected invoices or all invoices forselected preapproved debtors are sold tothe bank to release funds and improvecash flow.

Funding of up to 80% of the invoicevalue.

Flexibility to use the facility as andwhen required.

Solvent Balance Sheet.

Good quality debtor(s).

8. Collateralised Trade Finance Meets your needs outside of normalbanking credit lines - focuses onunderlying transaction flows rather thanyour balance sheet strength.

Sophisticated trade solutions and risk-hedging instruments.

Involves financing of commodities, goodsand products being exported, imported,bought or sold.

Various finance options Letters of credit. Guarantees. Collateralised managed stock

financing. Escrow accounts. The financing of inventory,

receivables and materials in transit. Government export incentive

schemes. Foreign currency denominated trade

finance for importers and exporters. Issuance of trade instruments against

cash cover. Logistics and equipment import

finance.

Qualifying customers andtransactions.




9. Asset and Vehicle Finance WesBank is able to structure specialisedfinance solutions or the assets that willhelp to grow.

Products & services include: Instalment sale, leasing + rental. Full maintenance leasing. Off-balance-sheet financing. Structured payment methods to

match cash flow needs. Fixed and variable interest rate

options. Credit lines to accommodate future

capital expenditure requirements. Importation finance. Comprehensive insurance. Fleet fuel, oil and toll cards.

Vehicle fleets. Agricultural Equipment. Manufacturing equipment. Plant and equipment. Commercial vehicles. Airctaft.

10. Commercial Property Finance Assists your business find the perfectproperty finance solution to suit yourneeds, from growing your propertyportfolio to refinancing your businesspremises.

Loan with loan terms of up to 10years.

Flexible and efficient businessfinancing processes and tailor-madedeal structures.

Property Investor. Property developer. Owner occupied premises. Property investor / developer

embarking on an expansionstrategy into Africa.

11. Securities Based Lending Offering by FNB Private Clients. The ideal vehicle for getting quick access

to funds - without having to liquidatesecurities - which means your investmentportfolio can continue to move with themarkets and grow.

3 year facility. Interest only payable and structured

to coincide with dividend payments. Prime rate. Capital payment at maturity or

restructure facility. Loan-to-value is dependent on the

liquidity, diversification and volatilityof the shares in your portfolio.

FNB Private Clients.




12. FNB Private Equity In partnership with RMB Corvest - an onbalance sheet provider of private equityfor mid-sized management buy-outs,leveraged buyouts, development capitaland funded BEE solutions.

Investments in various equitysecurities to improve your companythrough management changes,streamlining operations or expansion.

On balance sheet provider of PrivateEquity, hence we do not have exittiming pressures.

Qualifying Transactions.

ABSA

Start-Up Finance

1. Enterprise Development Fund Enterprise Development fund financesSMMES in the value chains of corporate orgovernment entities.

Working capital and expansionfinance needs.

Affordability must be demonstratedby the cashflows arising from theSMME’s relationship with thecorporate or government entity.

An Absa Business Banking productsuite can also be tailored for theSMME.

SMME selected by a corporate orgovernment entity to participatein an Enterprise DevelopmentProgramme.

2. Development Credit Fund To finance businesses that do not qualifyfor a business loan because of lack ofsufficient security.

Finance subject to your businessability to repay the loan.

70% of the loan is paid to suppliers. Interest rate is linked to the prime

lending rate and is structuredaccording to the lending risk.

Small or Medium Enterprise(SME) as defined by theDepartment of Trade andIndustry (DTI) - includes newstart-ups, existing businesses,franchises and businessesswitching from other banks,subject to Absa Credit approval.




3. Women Empowerment Fund To finance business women with the skillsand expertise to make a success of theirbusiness that do not qualify for a businessloan because of lack of sufficient security.

Loan of between R50,000 andR3million with a maximum loan termof five years.

70% of the loan will be paid to yoursuppliers.

Interest rate will be linked to theprime lending rate and will bestructured according to the lendingrisk.

South African womanpermanently residing in SouthAfrica.

SME as defined by theDepartment of Trade andIndustry (DTI) – includes newstart-ups, existing businesses,franchises and businessesswitching from other banks,subject to Absa Credit approval.

4. SME Fund To provide funding to SMEs that havebeen awarded a government contract ortender.

Loan of between R5,000 andR3million with a maximum loan termof five years.

Previously disadvantagedindividual and your business is100% black owned.

SME as defined by theDepartment of Trade andIndustry (DTI) - includes newstart-ups and existing businesses;subject to Absa Credit approval.

Short Term and Working Capital Finance

5. Business Overdraft To provide for short-term cash flowrequirements.

Allows you to overdraw your chequeaccount up to an approved limit.

Granted for a fixed period of timeand the total amount outstandingmust be repaid at the end of thatperiod.

Overdraft limit is reviewed everyyear.

Negotiable interest rate.

ABSA Small Business ChequeAccount holders.




6. Business Revolving Loan Indefinite access to an agreed amount.Once you’ve paid back 15% of the originalloan amount, the repaid amount becomesavailable again.

Can be used to manage cash flow,seasonality or your projects.

Can use it for working capital, bridgingfinance or to pay for stock in trade.

Minimum loan amount is R25,000and there is no upper limit.

A minimum monthly repayment of1/40th of the money borrowed isrequired.

Small Business.

7. Invoice Discounting Access to working capital and cash flow bydiscounting your debtors against thesecurity of your debtors’ book.

Advance up to 80% of the fundabledebt.

Balance of the purchase price of thedebt is paid over once account issettled.

Interest rate on the funds used linkedto the prime lending rate.

Monthly management fee to coveradministration costs.

Available to businesses that sellgoods or provide services toother businesses on credit terms.

Not available to businesses thatsell to the public.

8. Technology Finance Technology finance solutions that cover arange of assets in the technology field,including office automation, printing,security, cash management andrenewable energy technology.

Rental finance. Supplier discounting.

The following categories of assets: Office automation. Information Technology. Cash management technology. Printing solutions technology. Security technology. Medical technology. Software. Renewable Energy technology. Telecommunication technology.




Long Term Finance

9. Business Term Loan A medium to long-term financialinstrument that lets you borrow moneyand pay it back at a fixed rate, over themedium to long term.

The term of your loan is matched tothe type of asset you are funding,with a minimum term of 3 monthsand a maximum of 120 months

Commercial banking.

10. Mortgage-Backed Business Loan If your commercial property is owner-occupied, you can use it as security for abusiness loan.

Your commercial property is consideredowner-occupied if it is registered in yourtrading company’s name or in the name ofanother related company that guaranteesthe debt.

The maximum loan amount will belimited to the value of the propertyand the ability of your business toservice the loan.

A maximum repayment term of 10years.

Owner-occupied commercialproperty.

11. Agribusiness Mortgage Loan Finance the acquisition of land foragricultural or ecotourism use.

Finance to buy, improve or refinanceagricultural property.

Loan amount based on the loan-to-value or purchase price, whichever islower.

The usual term is 10 years, but can beup to a maximum of 15 years.

Agricultural property.

12. Commercial Asset Finance Instalment and lease finance for buyingcommercial assets.

This is usually for financing movableequipment such as cars and trucks.

The asset being bought is used ascollateral.

Instalment sale agreements. Lease and rental products. Sale and lease back agreements. Term loans. Aviation finance. Marine finance.

Commercial assets.




13. Debt Finance Specialising in the funding of companyacquisitions and mergers, Black EconomicEmpowerment transactions andmanagement buyouts – or combinationsthereof – Absa’s dedicated team willsupport you at every stage of the majorwatershed deals in your company’sevolution.

Structured and leveraged finance tocompanies.

Finance for acquisitions.

Commercial finance.

Nedbank

Loans1. Business Growth Loan To make your growth and expansion plans

for small business owners a reality. A structured loan with a term of up of

10 years, guaranteed by anacceptable form of security.

Competitive interests rates onrepayments.

Small-business owners.

2. Overdrafts and Short Terms Loans For the funding of working capital. A working capital finance solution that

allows you to pay creditors while waitingfor incoming funds from debtors or stock.

Flexibility to borrow or repay as andwhen your cashflow allows.

Competitive, risk-based pricing.

Business current accountholders.

3. Debtor Management Release the latent cashflow in youroutstanding debtors book.

Nedbank Debtor Management willpurchase and advance up to 80% of yourdebtors book to help improve yourcashflow.

Invoice discounting. Factoring. Single-invoice discounting. Export factoring.

South African businesses.




Structured Solutions4. Structured finance solutions Structured finance solutions for mergers

and acquisitions, buyouts, buy-ins,empowerment finance and capitalexpansion programmes.

Typically include one or a combinationof the following: Senior and mezzanine debt. Term debt facilities including capital

expenditure facilities and expansionfinance.

Working capital facilities. Preference share funding.

Start-up with a guaranteed off-take agreement.

Settled business with anexperienced management team,an attractive market sector,positive cashflow and a turnoverof between R7,5m and R700m.

5. Private Equity One of southern Africa’s prominentprivate equity investors that has, over anextended period, successfully invested in awide range of sectors and companies.

Investment transactions include: Management buyouts and buy-ins. Expansion and acquisition capital. Replacement capital. Introduction and funding of BEE

investors. Delistings.

Typically invest upwards ofR40million in individualtransactions, targeting unlistedcompanies with a track record ofprofitability and positive growthprospects.

6. Export Credit Finance By combining structuring with riskmitigation, Nedbank’s Export CreditFinance team is able to provide cost-effective financing solutions for projectsthroughout Africa and the rest of theworld.

For suppliers: Delivering a competitive bid. Managing payment, currency and

political risks.

For buyers Hard currency and competitive

finance. Appropriate repayment terms. Diverse sources of local and

international funding. Increased borrowing limits.

Buyers and suppliers of capitalequipment.

Project-related capitalexpenditure.




7. Global Commodity Finance Skilled and experienced team with anability to design and implement innovativefinancial structures.

Funding solutions include: Pre-export finance. Borrowing-base financing. Collaterally managed facilities. Revolving credit facilities. Payment undertakings. Purchase letters of credit. Confirmation and discounting of

letters of credit. Customised solutions based on the

specifics of a transaction.

Emphasis on: The import of crude oil, metals

and minerals from developingcountries.

The export of food, agriculturalcommodities and refined fuels todeveloping countries.

8. Preference Share Investments The funding of equity acquisitions andother dividend yielding investmentsthrough innovative and customizedsolutions.

Appropriately guaranteed preferenceshares.

Corporates, institutions andqualifying individuals.

Corporate and Other Finance Solutions

9. Property Finance Financing commercial, industrial, retailand residential development property.

Offering loan funding to developers,owners, occupiers and investors.

Financial solutions include access toundrawn funds, interest-only periods,fixed and floating interest rates,flexible repayments and residualvalue transactions.

Development Finance. Equity participation. Listed sector solutions. Investment solutions. Affordable housing finance. Residential development finance.




10. Vehicle and Asset Finance Tailor-made options to finance your assetpurchases.

Various finance options including: Instalment Sale. Financial Lease. Full Maintenance Leasing. Operating Rental. Managed Maintenance. NedFleet.

South African businesses.

11. Aircraft Finance Our team of aircraft finance professionalsoffers advanced expertise and customisedsolutions, with a focus on Africa and theMiddle East.

Pricing and structuring is tailor-madefor each client, taking into accountthe risk profile and specific aircraftbeing financed.

Transactions above USD15 million areconsidered.

Africa and the Middle East Commercial jets for international

airlines. Major aircraft lessors. Regional airlines. Business jets.

12. Asset Based Finance Wide range of asset finance solutions. Whether you need finance for a corporate

car fleet, commercial trucks, yellow metalor aviation, we can design financepackages that meet the unique needs ofyour business and its cashflow.

Asset based finance solutions. Fleet management solutions.

Fleet vehicles. Commercial vehicles. Manufacturing equipment. Agricultural equipment. IT hardware. Earth-moving / construction

equipment. Materials-handling equipment. Aviation. Medical. Mining.




13. Carbon Finance Strategies to mitigate risks and maximisereturns through implementation ofinnovative carbon finance opportunities.

Reduce energy consumption, prepare forfuture carbon tax regulation andexpenses, find new revenue streams andprepare for the future of carbongovernance.

Assist in five key areas: Sustainability. Carbon advisory and foot printing

services. Identification and development of

carbon projects. Identification and development of

energy efficiency and renewable-energy projects.

Carbon trading.

Corporate clients.

14. Corporate Lending and Advances Nedbank Corporate and InvestmentBanking has the expertise to structure andexecute a range of innovative medium-and long-term debt solutions tailored tomeet your business's general fundingneeds.

Funding is tailored to meet yourbusiness' medium to long termworking capital, capital expenditureand acquisition needs.

Corporate clients.

15. Debt Capital Markets Origination Focuses on facilitating the origination anddistribution of capital via the debt capitalmarkets.

End-to-end debt capital marketsfunding solution from structuring,execution through to syndication anddistribution, enhanced withunderwriting support as required.

Corporate Clients.

16. Infrastructure, Energy and Telecomms Financing of large infrastructure, energy-related and telecommunications projectsacross the African continent.

Responsible for initiating, executing andmanaging transactions that include: Limited-recourse finance. Acquisition finance. Public-private partnerships. Project finance deals.

Large infrastructure, energy-related and telecommunicationsprojects.




17. Leveraged Finance If you want a successful acquisition andleveraged-finance deal.

Arranging, underwriting, structuring,funding and syndicating transactionsincluding: Acquisitions. Leveraged buyouts. Preference-share financing. Mezzanine financing. BEE transactions. Management buyouts. Capital expenditure programmes.

Corporate Clients.

18. Mining Finance Experience and commitment to innovationin resources and mining finance.

From acquisition finance through toproject finance - design unique,unconstrained funding solutions suited toclients’ specific requirements.

Funding solutions typically include: Project finance. Acquisition finance. Structured debt. Export credit finance. Commodity hedging.

Mining Industry.

19. Oil and Gas Finance Provides funding to independent andemerging oil and gas companies operatingin Africa and Europe.

Financing solutions include Reserve-based lending. Pre-export finance. Development finance. Gas project finance. Revolving credit facilities.

Oil and Gas companies.

20. Public Sector Financial solutions that support publicsector mandates of service delivery andsustainable socioeconomic developmentat all levels of government.

Innovative, state-of-the-arttransactional, funding andinvestment solutions that take eachpublic sector client’s unique positioninto account.

Public sector.




Investec Bank1. Aviation Finance Advising, arranging and participating in

aircraft financing with transactionstypically starting at $10million.

Finance products: Corporate jet finance. Operating leases. Cross-border and tax based leasing. Debt arranging including export

credit finance and commercial debt. PDP finance. Senior loans. Mezzanine debt/asset finance. Airline advisory services.

Aviation industry.

2. Corporate Lending Debt advisory and funding solutions forSouth African companies in selectedAfrican countries.

Corporate lending solutions include: Acquisition finance. Black Economic Empowerment

funding. Capital Expenditure. Debt Capital Market solutions. Debt restructuring. Export Credit Agency funding. Leveraged cash flow lending. Leveraged recapitalisations. Management buy-outs and buy-ins. Preference share funding. Working capital facilities.

South African companies andselected African countries.




3. Asset Finance Financing for cars, property and lifestyleassets, including finance to expandprofessional practice or grow investmentportfolio.

Help you acquire the assets you need toboost your business and personal life.

Asset Finance. Motor Vehicle Finance. Professional Practice and Equipment

Finance. Specialised Finance for Investment

purposes.

Personal and business finance.

4. Growth and Acquisition Finance Financing to help grow your business -whether you’re acquiring anothercompany, meeting BEE commitments,pursuing a management buyout or buy-in,or a leveraged buyout.

Acquisition finance.

Leverages buyouts.

MBOs and MBIs.

Black economic empowermenttransactions.

Privately owned business withsustainable net profit ofR5million a year after tax and asolid performance track record.

5. Property Finance Property finance for investing incommercial and residential property,including building or buying a home.

Finance solution offers: Access to surplus funds. Flexible payment plans. Fixed interest rate (including the

ability to link to Prime).

Property investors.

Finance for existing buildings,developments orrefurbishments.

6. Medical Practice Finance Whether you are setting up a newpractice, expanding your existing practiceor buying into one, we have a financingsolution, including building, property andequipment finance.

Flexible repayment options such asno repayments for the first 3 monthsand thereafter up to a 60 month termloan.

Medical profession.




7. Specialised Finance Debt advisory and funding solutions forSouth African corporates, companies inselect African countries, parastatals andmunicipalities.

Leveraged cash flow lending. Leveraged buy-outs. Management buy-outs and buy-ins. Acquisition finance. Debt restructuring. Black Economic Empowerment

funding. Leveraged recapitalisations. Working capital facilities. Securitisation solutions. Term balance sheet lending. Share based lending. Property finance.

Corporates and companies withan enterprise value of betweenR125m and R1bn.

Corporates, parastatals andmunicipalities with an enterprisevalue above R1bn.

Sasfin Bank1. Trade Finance To manage an-end-to end solution for

imports including: Managing supplier relationships. Financing of goods through:

- booking forward exchange cover,- collecting and delivering your goods

through Sasfin Premier Logistics.

Credit terms of up to 180 days tosupport payment of goods;forwarding and clearing;transportation, insurance costs andcustoms; VAT and duties payments.

Access foreign exchange markets forimports and exports.

Companies involved in foreigntrade.

2. Debtor Finance Allows you to access the cash tied up inyour debtors’ book.

Cash advance of up to 80% of thevalue of debtors.

Able to discount export debtors inforeign currency provided that thedebtor is insured.

Businesses selling goods oncredit terms.




3. Equipment Finance Funding for the purchase of a variety ofequipment.

Instalment sales. Lease facilities. Rental finance.

Companies in need of buyingequipment.

4. Specialised Equipment Finance To fund the purchase of plant and capitalequipment.

Finances capital equipment over 24to 60 months by instalment sale,financial and operating leases.

Manufacturers who require plantor capital equipment.

Areas like plastics, engineering,printing, construction andmining.

5. Rental Finance Specifically funds office automationincluding computers, PABXs, audio-visualequipment, photocopiers, printers, faxesand other assets.

Rental based finance. Finance a wide range of equipment

over a period of 36 to 60 months.

Companies who prefer to rentthe equipment than own it.

6. Eco Finance Providing the finance for alternativeenergy solutions, equipment upgrades,energy optimisation/efficiency controlsystems, and even the monitoring andmeasurement of installed systems.

Comprehensive solution extendsfrom finance for energy optimisationproducts to assistance with claimingapplicable rebates and incentives –and everything in between.

Clients who want to invest ingreen capital projects.

7. Private Equity Injection of equity capital can helpentrepreneurs unlock the inherent valueof their companies, and gain access tosome of the wealth they have created.

Minority equity investments. On balance sheet fund - investment

size capital deployed per deal rangesfrom R10m to R40m.

Off balance sheet fund throughSasfin’s partner, Trinitas which willlook at larger transactions.

High growth entrepreneurial andmedium sized companies.

Management teams who have orcan build the business further.




8. Property Equity Sasfin Capital’s Property Equity vision is tobecome the equity partner of choice tothe commercial property sector.

A range of solutions to clients acrossthe property spectrum comprising debt raising, deal structuring, risk assessment and the ultimate exit of an investment.

Retail. Industrial. Office. Residential developments and

rental schemes. Student accommodation. Specialised properties e.g.

healthcare sector.

Bidvest Bank1. Business Loans & Advances Finance the everyday operations of your

business with a working capital loan, orraise funds to inject capital into yourbusiness for medium to long term growth.

Asset-based finance. Working capital loans. General banking facilities.

South African business.

2. Vehicle and Asset Finance Cost-effective solutions and serviceexcellence for your vehicle and assetfinance needs.

Full range of finance, leasing andmaintenance products.

Finance your passenger orcommercial vehicles, materialhandling equipment, printingpresses, computers or any othertype of assets.

3. Commercial Property Finance Provide asset-based funding at highlycompetitive rates to investors, owner-occupiers, those looking to buy theirbusiness premises, and those in theproperty development industry.

Loan funding at competitive rates,regardless of the structure, term orsize of the commercial propertytransaction.

Commercial property investorsand owner-occupiers.

4. Medical Equipment Finance Procure the medical equipment you needto equip your practice without committingto large amounts of upfront capital.

Loan financing. Healthcare industry.




Commercial Funding Organisations

Business Partners

Business Finance

1. General Finance Solutions The core of the company’s focus is onproviding finance for formal small andmedium enterprises.

Deals are structured using- equity,- shareholders’ loan accounts,- revenue sharing,- term loans orany combination of these.

Financing applications up toR50million.

Applications for financing belowR500,000 are usually not considered.

Formal small and mediumbusinesses whose gross assetsare under R100million, whereannual turnover does not exceedR200million and/or employeesare less than 500 in number.

2. Brands and Franchise Funds Afford more opportunities to existing andaspiring entrepreneurs to own andexpand their own franchises throughfinance and mentorship.

Financing Period: 5 – 10 years. Minimum and Maximum: R500k –

R25million. Pricing: Based on overall risk

assessment.

All formal franchised businesssystems, whether registeredwith FASA or not, as well asinformal franchisedarrangements such as servicestations, etc.

Include both franchisees andfranchisors who qualify as SMEs.

3. Education Fund The objective of this fund is to providefinance and mentorship to for profitenterprises which carries on the businessof knowledge and skill transfer across allindustries.

Financing Period: 5 – 10 years. Minimum and Maximum: R500k –

R25million. Pricing: Based on overall risk

assessment.

Any formal small or mediumenterprise carrying on thebusiness of the promotion oflearning and/or othereducational related services.




4. Green Fund The core objectives will be to finance andsupport SMEs that: Support renewable energy technologies in

South Africa. Reduce energy consumption and lower

carbon emissions by improving energyefficiency.

Promote energy savings that ensure long-term competitiveness.

Contribute to job creation in the ‘greeneconomy’.

Financing Period: No definedinvestment period (average financingperiod is between 3 to 7 years.)

There should be clear indications of aproposed exit strategy within areasonable timeframe.

Minimum and Maximum: The Fundconsiders first round funding up to amaximum of R10million with a focuson deals between R500,000 toR3million.

Businesses which activelydevelop, manufacture andprovide goods and servicesaimed at ‘saving the planet’.

5. Manufacturing Fund To deliver finance in a commerciallysustainable manner, to Small andmedium-sized enterprises (SMEs) in themanufacturing sector.

Financing Period: 5 years Minimum and Maximum: R500k –

R25million per investment Pricing: Quasi-equity and debt

Instruments Self-liquidating, Partiallysecured instruments with targetrates of return based on theperceived risk.

Manufacturers in the followingsectors: Agro-processing. Engineering. Textiles and Clothing production. Information and

Communications Technology(ICT) and Electronics.

Automotive and chemical. Green industries. New innovation and

technologies. Other manufacturing businesses.




6. Venture Fund A fund aimed at financing high impactentrepreneurs.

Financing Period: - Average period of3 to 7 years, but with no definedinvestment period. There should beclear indications of a proposed exitstrategy within a reasonabletimeframe.

Minimum and Maximum: - 1st roundfunding up to a maximum ofR10million with a focus on dealsbetween R0.5million to R3million.

Businesses that have thepotential for innovation, highgrowth and job creation.

7. Women in Business Fund To afford women entrepreneurs a fair andequal opportunity to start, expand orpurchase an existing business.

Financing Period: - 5 years. Minimum and Maximum: - R500k –

R50million per investment.

Female owned and managedbusinesses that are commerciallyviable.

Businesses should at least be50% female owned.

Property Finance

8. Property Joint Venture Fund Multi-tenanted property projects – oftenwhen a potential investor is not able, ornot keen, to invest the full deposit(equity) required by a commercial lendinginstitution, or where a viable propertyinvestment has been over-geared andneeds a restructuring of the existing debt,converting a debt finance model to anequity finance model.

Financing Period: - Ideally up to 10years.

Minimum and Maximum: - R500k toR30million for Joint Ventures.

Retail, industrial, andcommercial multi tenantedproperties with a value fromR2m to R120m.

Industrial leasebacks will also beconsidered.




9. Property Fund For the needs of the entrepreneur with aviable business who wants to purchase hisor her own premises, but who has limitedcapital or security to contribute or whodoes not want to compromise thebusiness’ cash resources for the deposit.

Financing Period: - 10 years(Maximum).

Minimum and Maximum: - R500k toR30million.

Amount Funded: - 100% FundingAvailable.

Pricing - Based on the perceived risk.

Established underlying businesstrading for minimum of 3 years.

Occupy more than 50% ofproperty to be acquired.

Property must be a soundinvestment.

Rand Trust1. Debtor Finance Provide finance by converting receivables

into cash and in so doing, assist infinancing growth in credit sales whereclients have limited access to capital.

Up to 75% of the invoice value. Businesses that supply credit onterms.

2. Property Backed Loans Lending against residential or commercialproperty where equity exists.

The loan facility can be structured intwo ways: Term loan. Revolving loan facility.

Businesses where a residentialor commercial property can beused as collateral.

Grofin1. Grofin A pioneering small and growing business

development financier helpingentrepreneurs and business owners at thebottom of the SME pyramid to accesstailored finance and experiencedbusiness support to help them create jobsand encourage social and economicdevelopment.

Business Loans. Small and Medium Enterprise inSouth Africa, Zambia, Nigeria,Ghana, Uganda, Tanzania,Kenya, Rwanda, Egypt, Iraq,Jordan and Oman, withheadquarters in Mauritius.




Tusk Construction Support Services1. Financial Support To provide financial and construction

support and other related services tosmall and medium size contractors andhousing developers, with an emphasis onthe needs of individuals from previouslydisadvantaged communities.

Bridging finance. Performance guarantees. Material credit. Construction related insurance.

Small and medium sizecontractors who have securedfinancially viable contracts fromeligible institutions.

Royal fields finance1. SME Finance The company provides specialised short-

term funding covering project specificfinance, supply chain finance, bridgingfinance, invoice discounting and workingcapital.

Short-term funding. Funding between R70,000 and

R2,5million.

SMEs with low and intermittentcash flow.

Strategic sectors of the economy- Infrastructure;- Manufacturing;- Small scale farming;- Renewable and clean energy;

and- Telecommunications.

Merchant Capital1. PAY-AS-YOU-TRADE SYSTEM An alternative provider of working capital,

designed specifically for SMEs in SouthAfrica.

Working capital. Upfront advances based on monthly

credit card sales.

Business owners who have amonthly average of overR30,000 in card sales and havebeen operating for 6-12 months.




Mettle Merchant Finance1. Mettle Merchant Finance Providing short-term finance to small

businesses (without the need for fixedsecurity).

Short-term business loans An annual gross turnover inexcess of R1 million.

A financial track record of morethan 12 months.

Merchant Factors1. Merchant Factors Offer growing businesses an alternative to

traditional bank loans and overdrafts. Offer local and cross-border trade finance

and are able to tailor facilities to suit mostemerging small and medium sizebusinesses.

Invoice Finance/Factoring. Trade/Stock Finance. Bridging Finance. Insurance. Business Rescue Finance.

Clients' turnovers range fromR100,000 per month toR15million per month.

Reichmans Capital1. Reichmans Capital Offers working capital and medium term

finance to growing owner-managedbusinesses, together with prompt, viableand realistic finance solutions to meetbusiness owners' funding and financeneeds.

Working Capital Finance International and local trade finance. Debtor finance. Asset based lending.

Medium Term Finance Asset and equipment finance. Specialised growth funding. Sale and lease back finance.

Growing owner-managedbusinesses.




Paragon Lending Solutions1. Paragon Lending Solutions A private non-bank lender that provides

short-term, asset-backed funding securedby commercial, industrial or residentialproperty throughout South Africa.

Asset-backed funding. Selective Debtors Discounting. Bridging Finance.

Clients who have valuableassets, yet require short-termliquidity.

Cash Flow Capital1. Business Cash Advance A revolutionary financing product

specifically tailored to merchants who rundaily trading activities.

Cash Flow Capital will buy a fixedpercentage of your future cardturnover for cash, today.

Businesses with stable cashflows, a long operating historyand an established customerbase.

Growth Capital Solutions1. Growth Capital Solutions A Single Invoice Discounting service that is

fast, flexible and cost effective. Invoice discounting. Companies seeking to unlock

cash flow into the organisation.

Anglo African Finance (AAF)1. Anglo African Finance AAF is a subsidiary of Sanlam Limited.

Provides niche products to release tied-upcash in your business.

Debtors Finance. Motor Body Repair Finance. Commercial Asset Finance. Specialised Business Finance:

- Stock Finance.- Insurance Premium Finance.- Property Bridging Finance.- Trade Finance.

Businesses older than 24monthswith gross annual turnover ofmore than R1million.




New Heights Finance1. Bridging Finance A bridging loan solution for almost any

business or private need.Solutions include: Unsecured Business Loans, Purchase order advances, Loose asset bridging, Guarantees, Financial instruments, Grant funding, Government incentive schemes, Commercial property finance, Mezzanine finance and other financing solutions.

Bridging finance needs.

Chester Finance (a division of Cullinan Holdings Limited)1. Chester Finance Provide short term working capital and

financial backing to entrepreneursinvolved in trading and manufacturingbusinesses.

Trade finance and stock funding. Purchase order finance. Off balance sheet inventory finance. Short term working capital finance.

Entrepreneurs involved intrading and manufacturingbusinesses.

CapX Finance1. Cash Flow Solutions CapX Finance provides working capital

and cash flow solutions for businesses. Invoice discounting. Property finance. Business finance.

Clients who cannot raise fundsfor working capital fromtraditional financiers.




Eventfin1. Eventfin Eventfin created a system that enables

entrepreneurs to get quick andconvenient financial assistance to bankrolltheir purchase order expenditure.

Purchase order financing. Companies that have beenawarded tenders and issues witha purchase order.

Includes Government, Parastataland Corporate Awards.

Pollen Finance1. Pollen Finance Offer you a cash advance based on the

strength and consistency of your businessand your average monthly sales.

Business loans. Fixed once-off interest charge of 25%

of the capital amount loaned to yourbusiness.

Businesses that have: Been in operation for at least a

year. A minimum turnover of

R1million per year. A successful business lease

history and their rent up to date.

Equi-Advance1. Equi-Advance Equi-Advance operates in a niche market,

providing clients with tailor-madefinancing solutions.

Short-Term Loans / Asset BasedFinance (from R300,000 and more).

Bridging Finance. Invoice Discounting.

Companies, trusts with at leastthree trustees, and closedcorporations.




Retail Capital1. Business Cash Advance To provide businesses with an alternative

funding solution to traditional smallbusiness loans.

Business loans. Do not require security. No restrictions on the use of the

funds and all costs are fullytransparent and agreed up front.

Business owners with 6-12 month history of card

turnover. Monthly average of card

turnover > R30,000.

Lulalend1. Lulalend We deliver business funding using scoring

technology which takes into account thehealth of your business together withyour personal credit score.

A business advance of R20,000 -R250,000.

Businesses located in South Africathat have: Been in business for more than

more a year. Annual revenue of more than

R500,000.

Karoo Finance1. Franchise Finance Specialises in business loans and

unsecured individual loans. To give operators access to their desired

franchise by financing key aspects of thenecessary retail shop installations.

Loan funding. Franchisees.




Truck Financing1. Truck Financing Financing large trucks/buses and business

asset finance. Also offer truck factoring finance or

invoice financing in South Africa.

Vehicle or asset purchases. Invoice discounting/factoring

finance.

Established operationalcompanies that can provide atleast 1 year of financials.

SA Taxi1. SA Taxi Finances entrepreneurs who operate

minibus taxis that may not otherwise haveaccess to credit from traditional banks.

Vehicle finance. Taxi industry.




.

Enterprise Development Organisations

Anglo Zimele1. The Anglo American Sefa Mining Fund A joint initiative between Anglo

American South African operations andthe Small Enterprise Finance AgencySOC Limited, a government ownedentity that promotes SME development.

The Fund helps grow emerging blackempowered mining companies intocommercially bankable enterprises.

Provides equity and loan finance ofup to R30million per project.

Also provides technical supportduring high-risk exploration and pre-feasibility studies.

Emerging black empoweredmining companies.

2. The Supply Chain Fund Helps Anglo American procurementdepartments to identify appropriateblack-empowered SMEs and supportsthem by linking them with theappropriate commodity teams withinthe Group.

Equity and loan finance of up toR5million per project.

Also supplies hands-on support,business guidance and skills transfer.

Black-empowered SMEs.

3. The Community fund Managed through a network of 26 smallbusiness hubs that are based bothwithin the communities where AngloAmerican operates and labour-sendingareas around the country.

Provides funding, training and skillsdevelopment for entrepreneurs andbusiness owners.

Loan finance of up to R2million perproject, at preferential interest rates,

Entrepreneurs and SMEs.




.

4. The Green Fund The Green Fund targets investmentopportunities that mitigate carbon,reduce energy and water consumption,and improve waste and emissionsmanagement.

Funding of up to R10million perproject or business.

Investment opportunities thatmitigate carbon, reduce energyand water consumption.

5. The Godisa Fund A tripartite agreement betweenTransnet, South Africa’s nationaltransport authority, The SmallEnterprise Finance Agency (Sefa) SOCLimited, and Anglo American.

The focus of the Fund is thedevelopment of black-owned small andmedium enterprises (SMEs) primarily inTransnet’s procurement value chain,with focus on the company’s rail andport businesses.

Funding in a form of: Business loans. Guarantees. Business development support based

on the needs of the company.

Focus on procurement valuechain of Transnet's rail and portbusinesses.

6. The Sebenza Fund Operates with an infrastructure of 20business development hubs acrossSouth Africa. As a result, Zimele hasmore than 40 hubs nationwide,providing entrepreneurs with access toaffordable finance and on-goingbusiness development support (BDS)and mentorship.

Funds via loans and/or equity atpreferential interest rates.

Business proposals with aneconomically viable business planthat demonstrate long-term andsustainable job creation.

These businesses must employstaff that are new, permanentand sustainable (more than 1year).




.

IDF Managers1. Funding Products Provides financial and non-financial

support services to black owned,women owned and youth ownedbusinesses.

Funding products are structured inaccordance with the capitalisationneeds of each business.

Real entrepreneurial businesseswhose owners are committed togrowth and job creation.

2. Isivande Women's Fund (IWF)

(managed by the IDC through IDFManagers on behalf of the dti,)

To accelerate women's economicempowerment by providing moreaffordable, usable and responsivefinance than is currently available.

Start-up funding, business expansion,business rehabilitation, franchisingand bridging finance.

50% plus one share owned andmanaged by women;

Eligible business plans requiringfunding of R30,000 to R2million.

Inyosi Empowerment1. Enterprise Development Provides loan capital at affordable

interest rates to black-ownedbusinesses and beneficiaries. This loanfunding is essential for enterprises togrow and sustain their businesses.

Loan capital. Black-owned businesses andbeneficiaries.

Ekurhuleni Peermont Chambers of Commerce Trust1. Enterprise Development To provide small businesses and aspiring

entrepreneurs from the EkurhuleniMetropolitan Municipality with thenecessary financial and material supportthey require to ensure that they achievesustainable success.

Grant funding for qualifyingbusinesses and costs.

Legally registered blackbusinesses in EkurhuleniMetropolitan Municipality.




.

Edge Growth1. Vumela ED Fund Edge Growth, in alliance with FNB,

manages this R186m Social VentureCapital Fund.

This is a long-term, sustainableinitiative, through which the FirstRandGroup supports entrepreneurs andobtains ESD points.

Debt and Equity. High growth, high-impactventures.

2. Edge Action Fund Provides a solution to medium sizedcompanies looking to make ameaningful local impact with their EDcontribution.

Enterprise Development funding. Worthy SME beneficiaries.

3. Asisa Enterprise Development Edge Growth, in alliance with theAssociation for Savings and InvestmentSouth Africa (ASISA), manages anEnterprise Development Fund thatinvests in the strategic growth anddevelopment of SMEs so as to createsustainable shared value forinvestments, investors, industry and thecountry at large.

The fund invests between R1m andR5m in high-growth potentialbusinesses.

High growth potentialbusinesses.




Private Equity and Venture Capital

4Di Capital1. Early-Stage Technology Fund 1 An independent seed and early-stage

technology venture capital firm based inCape Town.

Venture capital. Targets start-up investmentopportunities with high growthpotential at the seed and early-stages in the mobile, enterprisesoftware and web sectors.

The Abraaj Group1. The Abraaj Group The Abraaj Group is a global institution

investing in select markets across Africa,Asia, Latin America, the Middle East andTurkey.

Sector-themed funds focused onaddressing the needs of growing cities.

Private Equity. Mid-market private equitystrategies focus on consumer-facing businesses capitalising onincreasing disposable income,lifestyle changes and supply-demand gaps in cities across targetmarkets.

Acorn Private Equity1. Acorn Africa Fund Acorn is planning to raise a third fund

during the first half of 2016. The fundwill invest throughout Sub-SaharanAfrica across a range of industries.

Private Equity. Investment size in the range of

US$10m – US$40m. 5 year investment period from first

close.

Mid-cap businesses with a scalablebusiness position, capability set orproduct portfolio in Sub-SaharanAfrican countries.




2. Arcon Agri (Pty) Ltd To participate in the consolidation andgrowth in the Southern African agrisector.

Acquiring significant stakes in strategicagri and food businesses to create adiversified portfolio by geography,commodity and type.

Private Equity. Agri and food businesses.

ACP Investment Managers (Pty) Ltd1. Aveng Capital Partners Aveng Capital Partners is the investment

and structured financing arm of Aveng.The company focuses on originating,developing, structuring and investing ingeneral infrastructure, power and realestate projects in South Africa andselective economies in Sub-SaharanAfrica.

Equity investments. Infrastructure concessions.

Actis1. Private Equity Investor in growth markets across

Africa, Asia and Latin America. Within private equity, Actis focuses on

mid-market, high-growth companiesacross four sectors: consumer, financialservices, healthcare, and industrials.

Private Equity. Mid-market, high-growthcompanies across four sectors:consumer, financial services,healthcare, and industrials.




2. Real Estate Actis seeks institutional quality cashflows by developing flagship retail,office and industrial assets in some ofthe most dynamic cities in Sub-SaharanAfrica.

Equity investments. Retail, office and industrial assets.

3. Energy Energy funds invest in and aggregateenergy assets into scalable regionalgeneration platforms, targetingattractive risk-adjusted returns.

Equity investments. Energy Sector.

Adinah Capital Partners1. Established Businesses Fund The lower risk investment strategy

focusing on established businesses thatgenerate superior returns on capital,have strong growth prospects, a lowerreliance on gearing and with focussedmanagement teams.

Equity Investments. Established businesses across theAfrican continent.

2. Start-up Ventures Fund Off the Adinah balance sheet and withselect investors, Adinah makes earlystage venture-capital investmentsfocussed on South African technologyand mobile start-ups with continentaland global growth potential.

Equity Investments South African technology andmobile start-ups with continentaland global growth potential.

3. Tactical Opportunities Fund An investment strategy across a rangeof illiquid assets and opportunities thatfall outside the traditional private equityplatforms and venture capital.

Equity Investments. Illiquid assets and opportunitiesthat fall outside traditional privateequity.




African Infrastructure Investment Managers1. Apollo Investment Partnership 2 A single-asset focused en commandite

Partnership providing an opportunityfor high-calibre investors to participatein the South African renewable energyinvestment market.

Equity Investment. South African renewable energymarket.

2. African Infrastructure InvestmentFund

Invests in a diversified portfolio ofinfrastructure assets across Africa, witha bias towards South Africa. It ispredominantly invested in toll roadassets, and has exposure to a SouthAfrican wind farm.

Equity Investments. South African Infrastructureassets.

3. African Infrastructure InvestmentFund 2

A pan-African infrastructure Fund andhas a well-balanced, diversifiedportfolio across multiple sectors andcountries.

Equity Investments. Pan African Investment.

4. Kagiso Infrastructure EmpowermentFund

Promotes empowerment objectives andinvestments in infrastructure projects inSouth Africa.

Equity Investments. Empowerment.

5. South Africa Infrastructure Fund The fund’s focus is on private sectorinvestment in infrastructure projects insouthern Africa and it holds investmentsin South African toll roads.

Equity Investments. Private sector investment ininfrastructure projects.




6. Infrastructural, Developmental andEnvironmental Assets (IDEAS)Managed Fund

South Africa’s largest domesticinfrastructure equity Fund.

Equity Investments. Invests in: Economic infrastructure (roads

and railways). Social infrastructure (housing and

public private partnerships). Renewable energy infrastructure

(solar, wind and hydro-generationprojects).

Agis Investments1. “On Balance Sheet” Funding Agis funds small SA-based businesses

and sources external funding for largerSADC-based firms, focusing in particularon consumer-facing opportunitieswhere Agis can contribute its growthstrategy capabilities.

Equity investments. Target companies Consumer facing. Cash-flow generative. Open to benefitting from Agis’

strategy & top line growthcapabilities.

AngelHub Ventures1. AngelHub Ventures “We are passionate about early stage

investments in (South) Africa. Beingentrepreneurial ourselves, wethoroughly understand the challengesand changes our founders face – whichis why we back them in any way wecan.”

Early stage Venture capital. These are the characteristics we areinterested in: Disruptive business models,

enabled by technology. Lean business methodologies with

flexible cost structures. Scalable business models with the

potential for rapid growth. Businesses with a minimum viable

product, customer traction & anexecutable business plan.




Africa Special Opportunities Capital (ASOC)1. Africa Special Opportunities Capital ASOCapital seeks to provide companies

with flexible funding solutions, tofacilitate necessary restructuring andrecapitalisation.

Deploying Patient Capital that iscommitted to achieving the bestlong- term outcome for the businessand its key stakeholders.

Financing special solutions including: Informal Restructuring or

Recapitalisation processes. Post Commencement Financing

for business rescue processes. Business Rescue Exit financing. Financing for Fundamental

Transactions. Restructuring of Existing Debt

Facilities.

Ata Capital1. Ata Fund II A BEE Value Fund aimed at providing

liquidity into the BEE Market andliberating active capital for BEEInvestors.

Providing patient andunencumbered investment capital.

Providing liquidity to BEE entities. Providing a market for BEE entities.

BEE entities who have access toattractive investmentopportunities.

BEE entities who wish to exit theirportfolio investments.

2. Ata Resources Fund I A JV between Ata Capital and AcruxResources.

An alternative mining finance fund.

Innovative financing solutions. Junior mining and small to mid-tierproduction projects in sub-Saharan Africa.




Athena Capital1. Athena Capital Our goal is to build exceptional

businesses by partnering with leadingentrepreneurs and management teamsin Sub-Saharan Africa.

Our investment approach revolvesaround acquiring strong platformcompanies with excellent managementteams and to use these companies,where appropriate, to identify andacquire additional businesses.

Private Equity. Early stage, Mid- market or Strategic businesses.

Bopa Moruo1. Bopa Moruo Private Equity Fund I A Black Empowered private equity fund,

sponsored by RMB Ventures. The Fundis a general equity fund with a mandateto make minority or control investmentsacross various sectors excluding directmining, property and primaryagriculture.

The Fund is classified as a black investorunder the B-BBEE Codes of GoodPractice.

Private Equity Growth capital. Buyout capital. BEE.

Investments that require equitycapital of at least R25million.




Brait1. Brait An investment holding company

focused on driving sustainable long-term growth and value creation in itsinvestment portfolio of sizeable unlistedbusinesses operating in the broadconsumer sector.

Private Equity. Sizeable unlisted businessesoperating in the broad consumersector.

Capital Eye Investments1. Capital Eye Investments Portfolio companies are a blend of start-

ups and mature cash-generatingbusinesses, in both developing anddeveloped markets, providing valuegrowth in complementary geographiesand sectors.

Private Equity. Technology and associated assets.

Capitalworks1. Private Equity Fund I & II Seek to achieve superior returns by

actively investing in a diversifiedportfolio of private equity or equityrelated investments in the middlemarket companies that will benefit fromstrategic, operational, commercial orfinancial initiatives.

Private equity or equity relatedinvestments.

Businesses that have leadingmarket positions with high barriersto entry, consistent operatingperformance, strong growthprospects, sufficient scale, withcapable and passionatemanagement teams.




2. SSA Opportunities Fund Third party fund targeting a diversifiedportfolio of private investments in Sub-Sahara Africa that would not necessarilyfit the scope of traditional privateequity.

Equity investments. Structured loans that achieve equity

like returns. Pre IPO funding.

Private investments that do notnecessarily fit the scope oftraditional private equity.

Coast2Coast Capital1. Coast2Coast Capital A value investor, using team’s own

capital to finance investments. Achieves its vision by taking a semi

active ownership role in its portfolio ofcompanies, and creating value bypartnering with management teams inorder to improve strategic, operationaland financial performance.

Coast2Coast prefers to acquire atleast 80% of a company withmanagement retaining the balance.

Companies with competent andhonest managers.

Currently focused on businesseswhich operate in the healthcaresector and the consumer productssector.

Convergence Partners1. Fund I – Convergence Partners

Portfolio I

Fund II - Convergence PartnersCommunications Infrastructure Fund

An investment management firmfocused on the TMT sector in Africa.Convergence Partners has a proventrack record of developing newinvestment opportunities as well asadding value to investments across theentire life cycle of ICT assets.

Private Equity. TMT sector in Africa.




Development Partners International1. African Development Partners I, and

African Development Partners II.

A private equity firm that invests acrossAfrica.

With over US$1 billion assets undermanagement, DPI invests across theAfrican continent in companiesbenefiting from the fast-growingemerging middle class.

Private Equity. Established and growingcompanies.

Emphasis on companies thatbenefit from Africa’s growingmiddle class.

Emerging Capital Partners1. Emerging Capital Partners A Pan-African private equity firm that

has raised over $2 billion through fundsand co-investment vehicles for growthcapital investments in over 40 countrieson the African continent.

Private Equity. Companies that operate inbusiness environmentscharacterized by limitedcompetition or in sectors in whichAfrica has a comparativeadvantage or an unmet need.

Ethos Private Equity1. Ethos Fund VI Ethos' predominant focus is on making

investments in South Africa andselectively in other sub-Saharaneconomies with a primary focus onNigeria, Ghana, Kenya, Uganda andTanzania.

Private Equity Control or joint control. Minority growth capital.

"Sweet spot" acquisition ofcompanies with enterprise valuesof c.R750 million to c.R3 billion.




2. Ethos Mid-Market Fund I The Fund will seek to make investmentsof between R100 million andR350million, predominantly in mid-market leveraged buyout transactions.

The Fund will be BEE-majority ownedand will be able to participate in dealsas the BEE Partner.

Private Equity. High growth potential companiesthat are often not optimallycapitalised.

Certain special investmentopportunities, where the Fundfeels it can leverage its BEEcredentials.

Exeo Capital1. Agri-Vie Fund I (Africa Food &

Agribusiness).

Agri-Vie Fund II.

We build sustainable businesses inAfrica with purpose, rigour andpatience, to deliver sought-afterinvestment returns, both as aninvestment manager and as aproprietary investor.

Private Equity Investing. Focus Sectors Food & agribusiness. Household goods manufacturing &

distribution. Transport & logistics. Specialised financial services. Media & e-commerce. Industrial services. Healthcare. Private education.

GAIA Infrastructure Partners1. GAIA Infrastructure Partners GAIA assists investors in catalysing and

uplifting South Africa and its people, bymeans of responsible and sustainableinfrastructure investment.

Private Equity Core focus areas: Water. Energy. Transport.




Grovest1. Grovest Ventures To build a portfolio of potentially high

growth small and medium sizedcompanies that: Are revenue producing; Have impressive and plausible business

models; Are attractively priced and having

potential for rapid growth; Have defensible market positions; Have dynamic and motivated

management teams that have ameaningful equity stake in the business;

Require growth capital.

Private Equity. Average Investment Size – R3 million

to R6 million per investment.

High growth, scalable, low capitalexpenditure, disruptive SouthAfrican companies.

2. Grovest Hospitality To take advantage of specialopportunities in the hospitality industryby leveraging on the skills and networkof the management team to acquirehotel businesses, underpinned by strongproperty fundamentals.

Private Equity Investment. Hospitality industry.

3. Grovest Tech To invest and build a portfolio ofdisruptive digital technology highgrowth companies, that providetechnology based solutions withinnovative business models to existingand emerging institutions and theircustomers.

Private Equity Investment. Technology businesses.




4. Grovest Energy To take advantage of the growingdemand for solar energy requirementsfrom large corporates in South Africa.

Funds will be invested in a portfolio ofsolar energy projects, whichdemonstrate predictable inflation linkedcash flows supported by long termpower purchasing agreements (“PPA’s).

Private Equity Investments. Solar energy projects.

Growth Capital Partners1. Growth Capital Partners Fund A boutique private equity fund that

focuses on small to medium investmentopportunities across most sectors withthe exception of mining and agriculture.

Equity investment. Mezzanine finance alongside equity

finance.

Typically comprises companieswith an enterprise value of R20m –R80m.

Across all industries with theexception of mining andagriculture.

Harith General Partners1. Pan African Infrastructure

Development Fund (PAIDF) 1

Pan African InfrastructureDevelopment Fund (PAIDF) 2

A Pan-African fund manager forinfrastructure development across thecontinent.

Equity Investments. Infrastructure projects.




Horizon Equity1. Horizon Equity Specialise in the provision of growth

capital and buyout capital to small andmedium sized enterprises at all stagesof development except start-up.

Private Equity and Venture Capital. Emphasis on technology, media &telecommunications.

i-Cubed Capital1. i-Cubed Capital i-Cubed Capital adopts a hybrid model

where its investment acquisitionphilosophy includes both long terminvestments and medium terminvestments (5-7 year exit strategy).

We actively participate in the businesswherein we invest.

Equity Investments. Businesses that support economicgrowth and contribute to theupliftment of all stakeholders.

Also acquire family businesseswhere there is no intention forfuture generation successionplanning.

Imbewu Capital Partners1. Imbewu Capital Partners A black-owned and controlled private

equity and investment holdingcompany.

Imbewu invests, structures and raisesfunding for management buy outs,leveraged buy outs and strategic BlackEconomic Empowerment (BEE)transactions in partnership withmanagement teams and shareholders.

Private Equity. Management buy outs. Leveraged buy outs. Strategic Black Economic

Empowerment (BEE).




Inspired Evolution1. Inspired Evolution Leads sustainable clean energy and

resource efficiency investments acrosssub-Saharan Africa.

Equity and equity-relatedinvestments.

Clean energy and resourceefficiency assets.

Invenfin1. Invenfin Invests in strong teams building

businesses based on world-classproducts.

Private Equity. Priority sectors are Technologyand Food & Beverages.

Businesses that have achievedmeaningful market traction, areon-trend globally and are poisedfor rapid growth.

Businesses with strong intellectualproperty.

The Jarvie Group1. The Jarvie Group The Jarvie Group is a family owned and

operated investment business. Invest directly into opportunities and

play a meaningful role in theirmanagement and development.

Private Equity. South Africa and other Africancountries.




Ke Nako Capital1. Ke Nako Private Equity Fund I A South African independent fund-of-

funds manager. Fund I is a R 1.35 billion total return

closed-end fund with a target 80%exposure to South African top quartileprivate equity funds and a 20%exposure to other alternative unlistedassets.

Fund of Funds. Top Private Equity Funds.

Kleoss Capital1. Kleoss Capital A South African private equity firm

targeting South African businesses. Thefirm will also invest in South Africanbusinesses with exposure to the rest ofthe African continent.

A 100% black owned and managedinvestment manager with a level 1B-BBEE accreditation.

Private Equity. Capital investment betweenR50million to R150 million.

Preference for establishedcompanies with an operatinghistory and track record.

Knife Capital1. Knife Capital A South African venture capital

investment and scale-up advisory firmfocusing on innovation-driven ventureswith proven traction.

Private Equity and Venture Capital. Technology-enabled ventures.




Leaf Capital1. Leaf Capital Infinitus (LCI) An open-end fund that was established

in February 2013 to hold private equityassets on a long-term basis.

The flexibility of Infinitus aligns withtheir strategy of growing investmentsover the long term.

Private Equity. LCI targets annual net asset value(NAV) growth in excess of 20%.

Makalani Management Company1. Fund II Makalani is in the final stages of raising

capital for a second mezzanine fund(“Fund II”) of R1 billion from a range ofSouth African and/or foreign investors.

Mezzanine funding. Refinancing Opportunities. Funding existing BEE participants. Consolidation Opportunities. Primary BEE and Mezzanine

Opportunities. Enterprise Growth and Expansion.

Marlow Capital1. Marlow Private Equity Marlow's private equity activities have

a mid-market buy-out mandate. Buy-out funding. Look to partner with managers of

sound, cash generative companies,providing capital and strategicresources to accelerate andimprove operations.




Medu Capital1. Medu Capital With funds under management of

R1.6billion, Medu Capital partners withestablished businesses that requireequity risk capital and/or BEE partners.

Private Equity. Invest between R50 andR200million in owner managedbusinesses.

Metier1. Capital Growth Fund II Obtaining significant exposure to

South, Southern and Sub-SaharanAfrica.

Concentrates on mid-capentrepreneurial businesses requiringgrowth capital, in sectors whichdemonstrate emerging market growthpotential.

Private Equity. Targeting exposure of 50% to Sub-Saharan Africa, excluding SouthAfrica. This will be achieved by a‘look through’ approach.

Targeted sectors include -transport and logistics; retail;health; tourism; Fast MovingConsumer Goods; agri-processing;infrastructure services andeducation.

2. Sustainable Capital Practice

Lereko Metier Sustainable CapitalFund (LMSC)

Achieved a final close of R690million inNovember 2013. Subsequently,aggregate funds under management,including co-investment pools, havemore than doubled to a level ofR1.4billion as at June 2016.

Private Equity. Project Development.

The practice targets investment inenergy efficiency, renewables,water and waste managementbusinesses and projectssupporting the Southern Africanregion's development objectivesand environmental commitments.




Musa Capital1. Musa Capital Funds Musa Capital is primarily focused on

mid-market private equity assetmanagement in Africa.

Private Equity. Financial Services. Natural Resources. Telecoms. Infrastructure. FMCG.

Nisela Capital1. Nisela Capital Nisela Capital specialises in asset

management, advisory services andprivate equity in Southern Africa.

Private Equity. Sole focus on Sub Saharan Africaand currently covers South Africa,Malawi, Mozambique, Zambia andZimbabwe.

Nodus Capital1. Nodus Equity An open-ended private equity

investment company focussed onmedium-sized enterprises.

Single-minded aim is to achievesuperior returns by means of strictinvestment criteria, leveraged capitaland active investee support.

Private Equity. Medium-sized enterprises.




Old Mutual Investment Group1. Private Equity Old Mutual Private Equity direct

investments - buy stakes in privatecompanies.

Old Mutual Private Equity funds offunds - invest in a spread of premierprivate equity managers.

Private Equity. Fund of Funds.

High-quality unlisted companiesthat display significant growthpotential.

Ontario Private Equity1. Ontario Private Equity A private equity investment firm,

focussed on investing in the ICT(information, communication andtechnology) and Mining sector.

Private Equity Companies with unexploitedgrowth opportunities effective insegments undergoing majorchanges such as consolidation,significant growth and/or turnkeyproducts.

Paean Capital1. Paean Private Equity Undertakes all forms of unlisted

middle-market equity investments,including buy-outs, buy-ins, corporaterestructurings and expansion financefor business growth and/or productdevelopment in sub-Saharan Africa.

Private Equity. Unlisted middle-market.




Pan-African Private Equity Funds1. Pan-African Private Equity Funds A black-owned and managed private

equity fund manager. Active managers of long-term equity

risk capital.

Private Equity. Management teams withoutstanding credentials.

Pembani Remgro1. Pembani Remgro Focused on equity, quasi-equity and

equity-related investments ininfrastructure in Africa.

Equity related investments. Investment strategy targetsgreenfield and brownfield orsecondary transactions, as well asinvestments in companies thatprovide engineering services andlogistics within the privateinfrastructure sector.

Phatisa1. African Agriculture Fund (AAF) To make a positive impact on African

agriculture and food production,through a truly pan-African investmentapproach in response to thecontinent’s food security.

Private Equity. The Technical Assistance Facility

(TAF) is a grant-based facility thatsupports capacity building for smalland medium sized enterprisesinvested in by the AAF and its SMEsub-fund the AAF SME Fund.

Targets three subsectors of foodand agriculture: primary,secondary and tertiary (servicesand infrastructure).

2. Pan African Housing Fund (PAHF) An eastern and southern Africaninvestment initiative in response to theever-increasing housing shortage.

Risk capital to real estate projects ona joint-venture basis to selectedlocal developers.

Local developers.




Principal Partners1. Principal Partners We invest in businesses with a strong

market position, which are highlyscalable in sustainable industries, andhave an annual profit after tax ofR5million or greater.

Private Equity. Businesses which have anestablished profitable trackrecord.

RH Managers1. RH Managers A boutique private equity firm

specialising in acute, sub-acute andprimary healthcare investments inSouth Africa.

Private Equity. Healthcare.

RMB Corvest1. RMB Corvest Participate predominantly in

management buy-outs and buy-ins,leveraged buy-outs and BEEtransactions involving businesses witha value of between R100million andR1billion.

On-balance sheet private equitycompany.

Private equity. Management buy-outs. Management buy-ins. Leveraged buy-outs. BEE transactions.




Rockwood Private Equity1. Rockwood Private Equity Rockwood focuses on taking

substantial equity positions in mediumto large sized companies that haveexperienced management teams.

Private Equity. Equity investments of R300millionto R1billion, with a preferredinvestment size of R750million.

Sampada Private Equity1. Sampada Private Equity

(managed by Umthombo WealthProprietary Limited)

Targets investments that have strongsocio-economic benefits whilegenerating sufficient returns forinvestors.

Private Equity. Commercial properties and relatedinfrastructural developments.

Independent private educationschools and related institutions.

Commercial strategic partnershipswith international companies.

Sanari Capital1. Sanari Capital Specialise in founder-run, owner-

managed and family-owned businesseswith a “scale-up” agenda.

Private Equity. Companies in the lower- andmiddle-market in South Africa.

Focus is on high-growth, emergingmarket opportunities in SouthAfrica and the rest of Sub-SaharanAfrica.




Sanlam Private Equity1. Sanlam Private Equity Direct private equity investments into

high quality mature businesses withstrong management teams in SouthAfrica and the rest of sub-SaharanAfrica, through buyouts or theprovision of growth capital.

Private Equity. Stable mature businesses andgrowth capital.

Senatla Capital1. Senatla Capital Senatla Capital is the general partner

and manager of various private equityfunds. It also manages on balancesheet investments that do not fallwithin its private equity funds’mandates.

Mezzanine Debt. Equity Risk Capital.

Growth Capital, Black EconomicEmpowerment Secondaries andMezzanine Debt/Equity RiskCapital.

Sphere Holdings1. Sphere Holdings Actively seeks out investment

partnerships with high quality privatelyowned businesses across a range ofstrategic sectors.

Majority black controlled and managedwith 31% women ownership.

Has the necessary credentials toadvance the broad based BlackEconomic Empowerment goals ofSouth African businesses.

Private Equity. As the focus turns to the rest ofthe continent, Sphere activelysupports investments in their pan-African ambitions.




Tana Africa Capital Managers1. Tana Africa Capital Tana is an active, value orientated

investor that engages positively and ina collaborative fashion with the boardsand management of the companies inwhich it invests.

Tana prioritises the institutionalisationof business practices such as businessleadership, financial discipline,operational excellence and soundcorporate governance.

Private Equity. Africa-focused investmentcompany.

Companies that can serve asplatforms for domestic andregional expansion.

Focuses primarily on consumer-driven sectors.

Trinitas Private Equity1. Trinitas Private Equity Fund Trinitas seeks to partner with

management teams to make equityinvestments in mid-market companiesin southern Africa. The mid-marketsector, broadly comprises companieswith enterprise values of R100m toR1bn.

Management buy-outs and buy-ins. Replacement or acquisition capital

investments. Expansion/growth capital

investments.

Across most industries with theexception of direct resources(specifically mining andagriculture).




TriVest1. Trium Investments (Pty) Ltd Provider of equity for growth capital

financings, middle market corporateacquisitions and recapitalisations.

Private Equity. Prefers to invest in the followingindustries: Healthcare (including

Biotechnology). Renewable Energies. Security.

Vantage Capital1. Mezzanine Fund III For investment into selected countries

throughout the African region (60%outside of South Africa).

Mezzanine Financing. Expansion capital. Management buy-outs and buy-

ins. Black Economic Empowerment. Replacement Capital. Re-leveraging or refinancing.

Vuwa Investments1. Vuwa Fund Specialising in South African listed

equity. The Fund is focused primarilyon PIPE (Private Investment in PublicEnterprise) transactions.

Also invests in private and listed equityon balance sheet.

Equity investments. Private Investment in PublicEnterprise opportunities.




Westbrooke Capital Management1. Special Opportunities Fund. The fund is focused on special

opportunities in South African small-mid cap listed companies and providesinvestors with attractive risk adjustedreturns with a low correlation to thewider market.

Private Equity. Special financing opportunities.

2. Alternative Rental Income AssetsLimited (ARIA)

Focuses on delivering an attractive,diversified, risk-adjusted return toinvestors by investing in a portfolio ofyield producing asset-backedbusinesses which have underlyingcontractual or predictable revenuestreams.

Capital to facilitate the creation orgrowth of a rental strategy.

Yield producing asset-backedbusinesses.

Zico Capital1. Zico Capital Established in 2007, in conjunction

with RMB and Corvest. Zico Capital is a R500m Private Equity

Fund which pursues equityinvestments across a number ofsectors in the South African market.

Equity Investments. Established businesses with solidoperational track record and anability to generate superiorreturns.




Non Profit Organisations

Trust for Urban Housing Finance (TUHF)1. Intuthuko Equity Fund To enable previously disadvantaged

individuals who have never ownedinvestment property before to accessthe property market.

Contributing to the deposit or equityrequirements necessary for a loanapproval.

Subject to senior debt finance fromTUHF Limited.

Aimed at caretakers, propertymanagers, artisans in theconstruction industry, police, firemen and women, and nurses aswell as other individuals who liveor work in the inner city.

2. Property Finance Finance for inner city mixed usedevelopments of which the largestcomponent should be residential up tothe value of R50million.

Projects from small semi-detachedhouses up to buildings with manyhundreds of units.

Single loan facility (Purchase andconstruction components).

Term - 15 years. Prime linked interest rate. Financial structuring such as grace

periods to accommodate thedevelopment and rent-up stages.

Owners who live in an inner citybuilding and wish to buy moreunits to become a landlord.

3. Bridging Finance To enable entrepreneurs to covertemporary needs, where a quickdecision making is required whenpurchasing inner city property.

Short term loans up to 6 months. Competitively priced.

Bridging finance may be required for: Rates Clearance Certificates. Balance of purchase price. Profit from sale of property. VAT refunds. Related transfer transaction costs.




Masisizane Fund – an Old Mutual Initiative1. Masisizane Fund Mandate is to contribute to job

creation, reduce inequality, promoteeconomic growth and support, developand promote entrepreneurship, whileattracting investment to SMMEs.

Loan funding. Agribusiness (Primary & Agri-processing).

Franchising & CommercialEnterprises.

Supply Chain & Manufacturing.

south african business funding directory 2016 | 2017 · pdf filesouth african business funding...

Documents