|Size of the Fund
||The Fund operates nationally
||There is no defined investment period however on average the financing period is between 3 to 7 years. There should be clear indications of a proposed exit strategy within a reasonable timeframe.
|Minimum and Maximum
||The Fund considers first round funding up to a maximum of R10 million with a focus on deals between R500 000 to R3 million.
|Own contribution requirements
||The financial risk, business risk, industry risk and environmental risk will influence the own contribution requirements of the business venture.
|Entrepreneur – Relevant experience
||In evaluating the entrepreneur, aspects such the ability to run a successful business on sound business principles, integrity, drive, vision and appropriate experience, are considered.
||The project / business must exhibit economic merit in terms of profitability and sustainability.
- Business plan
- Annual financial statements
- Up to date management accounts
- Cash flow forecast
- Approval by franchisor where applicable
- CV of entrepreneur/s
|Business that qualify for the Fund
||All viable companies that offer projects to enhance the environment, reduce carbon emissions, create jobs and uplift communities.
||Companies that are not linked to energy efficient and / or renewable energy projects.
|Purpose of the funding
||The funding can be used to develop, grow and invest in green industries.