SACF partners with Raizcorp

Under this partnership, Raizcorp, an enterprise and supplier development organisation, is offering R10 million worth of business development support to 51% or more black-owned Small-Medium Enterprises (SMEs) in the ICT sector.

This business growth programme will provide access to business specialists, markets, funding institutions, entrepreneurial learning, and back office support.

This Raizcorp business growth programme aims to reach a broad spectrum of SMEs in the local ICT industry and to achieve this, the organisation has partnered with SACF, which has a wide membership in the ICT industry, for wide distribution of the programme's application form.

Raizcorp's enterprise development programme is available to SACF members and suppliers. "A majority of our members are rated as level 2 BEE supporters hence distribution of the Raizcorp SME enterprise development application form by SACF is set to enable broad access to the development programme by local SMEs," said SACF Chief Executive Officer, Loren Braithwaite-Kabosha.

"This is an excellent opportunity to expand the impact of SACF and for members to contribute to the development of ICT entrepreneurs in South Africa," she added.

Raizcorp's Strategic Relationships Manager, Jeanne Renou stated that applications to be part of the cohort of entrepreneurs in the programme are open until the end of this year. She added that screening and selection has already started and the programme is expected to kick off in the first quarter of 2015.