The JSE and Western Cape Government Capital Matching Initiative
The Johannesburg Stock Exchange (JSE) and Western Cape Government Capital Matching Initiative as part of the JSE Rise programme is focused on supporting SMEs to aid the growth of the economy and have therefore been expanding the SME Funding Readiness and Capital Matching initiatives to more companies.
The JSE is collaborating with the Western Cape Government, the Department of Economic Development and Tourism and Small Enterprise Development Agency (SEDA) and the Small Enterprise Finance Agency (SEFA) to deliver a unique Capital Matching solution for SMEs in the Western Cape.
The initiative achieved a 63% success rate last year and aims to support more companies in 2024.
This initiative has three stages:
- Companies register to participate
- Companies participate in the Funding Readiness Programme
- The programme has both online pre-recorded and live sessions
- There are 9 modules including Funding Landscape, Market Assessment, Legal requirements and more
- Online sessions are available from 1 August 2024
- Tools and templates and guidance notes are provided online
- The pitch readiness sessions are conducted directly with each company
- Companies are supported to get funding and pitch ready
- Capital Matching Event
- Companies that are ready to be matched will agree and share company information
- Companies that are funding ready are matched with a minimum of 4 ideal funders
- Pitch decks are shared with investors
- Companies meet directly with funding decision makers
- The funders and companies determine who they want to continue the funding journey with
Capital Matching solutions offered by capital providers:
- Debt solutions
- Invoice and Purchase Order Financing
- Equity Solutions: Angel and Venture Capital
- Enterprise Supply Development (ESD)
- Grant Funding
Minimum Requirements/Criteria for SMEs to apply:
- History of active operation for over 2 years
- Clear growth strategy
- Funding requirements of over R250,000.00
To apply register below:
SME Capital Matching Initiative | Johannesburg Stock Exchange (jse.co.za)