SMEs hobbled by funding gap

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Small businesses are routinely cited as the answer to South Africa’s stubborn 26.7% unemployment rate. But startups, micro-enterprises, and small and medium businesses often struggle when faced with the “ f-word ” — funding. A report released on Tuesday by Finfind, an online research and development programme that links small businesses and funders, highlighted that, even though “globally, over 95% …

Breakfast Read: ‪FinFind @finfindeasy has released its first SA SMME Access to Finance Report (2017). Read it here. @funding_sme #Entrepreneurship #Funding #Business #VentureCapital #Investment

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Access to finance is one of the key challenges for startups, small and medium sized businesses in South Africa. FinFind @finfindeasy has released its first SA SMME Access to Finance Report (2017). The report maps the landscape of financial services, venture capital and development finance providers as well as the needs of those seeking business funding. The report goes on …