The Vumela Fund, FirstRand’s enterprise and supplier development fund managed by Edge Growth, is proud to announce an exciting new equity investment in Giraffe – an automated high-volume recruitment start-up, using mobile technology and matching algorithms.
Growth capital and impact investing firm Edge Growth, which specialises in funding for small-to-medium-sized enterprises (SMEs), is fund raising for its fifth fund, the Edge Venture Fund.
Johannesburg, 29 June 2017 – Growth in the SMME sector is possible when industry game changers partner to drive solutions with measurable impact.
The lack of adequate funding resources available to small and medium enterprises (SMEs) is often cited as the leading reason for their failure.
Confronted with the revised black economic empowerment (BEE) codes and the strong focus on supplier development.
Edge Growth has advised dozens of corporates and institutions on the structuring of funds, such as Sasol, Barloworld, Afrox, The Innovation Hub and SANEC.
The enterprise development terrain has unfolded as one run largely by corporate-conceived programmes.Thank goodness for the resources channelled to the cause of helping entrepreneurs.
How the trials and tribulations of ED practitioners have shaped the evolution of enterprise development best practice.
What is the number one political, social and ethical crisis in this country? Fifty percent of our youth are unemployed – a crisis compared to 10%-25% in all other comparable emerging economies.
Since 2007, Edge Growth has been practicing the E&SD policies prioritised by the DTI in 2013.
With the business case for Enterprise and Supplier Development increasingly finding its way into the boardroom, a question commonly asked is whether to go with an ESD fund or set up a programme?
Small and Medium-sized Enterprises (SMEs) have flourished over the years. However, it is evident that certain threats have and continue to place them at risk.
The final frontier in supplier development If you’ve been involved in supplier development for long enough, you will have seen this scenario.
While both in-house and external incubation approaches have their pros and cons, the revised B-BBEE Codes require a shift away from traditional thinking.
Caught up in the cycle of “tenderpreneuring”, small business owners are unable to plan for the longer-term.
In most cases, existing corporate procurement systems and processes were designed before enterprise and supplier development was introduced into the Codes.
At Edge Growth we define business development support as the process of working with an experienced, independent mentor.
Edge designs strategy to guide existing ESD Fund’s activities and investments.Read More
Cabs for Women receives the capital it needs to grow the fleet and create employment for previously disadvantaged women.Read More