Bold young entrepreneurs can apply for R5m in funding
The Awethu Project is offering young ambitious and tenacious entrepreneurs, who have an established innovative business with the potential for growth, up to R5m in equity funding. This venture capital fund has a record of accomplishment of solid returns for investors and high growth rates for entrepreneurs in over 100 successful entrepreneur businesses.
Co-founder and CEO of the Awethu Project, Yusuf Randera Rees, says, "We are looking for entrepreneurs with businesses that need to reach the next level. For those who are seeking financial and operational support to grow their business, without giving up control, the Awethu Project will collaborate with them.
"Not many incubators are willing to take early-stage risk, but Awethu is. We will not just give you a cheque and send you on your way, this is an opportunity for you to get operational support, providing you with a comprehensive finance back-office, admittance to the Awethu Academy for practical personal development and access to our extensive business development networks."
The company will also backup the successful candidates with a support team of experts in everything including recruitment, BEE, labour law and marketing.
Awethu is interested in entrepreneurs who have products that are in demand or offer excellent services, and can prove they have the ambition and tenacity to become world class. The cost of the investment is a negotiated equity stake that brings Awethu on board as the high impact partner.
Thanks to funding from organisations such as the government's Jobs Fund and Discovery, as well as support from Archbishop Desmond Tutu, Awethu is offering a life-changing opportunity for entrepreneurs who have ambition and talent, but lack entrepreneurship training and funding.
For more information, go to www.AwethuProject.co.za.
