The Vumela ESD Fund Funding, skills and support for scale

Our outsourced,
end-to-end solution
for First Rand
The Vumela Fund

The Vumela Fund is a R588 million Social Venture Capital Fund that Edge Growth manages on behalf of the Vumela Trustees. The fund is a business with the objective of creating stakeholder value by investing in, growing and divesting of SMEs and providing value added growth support services to both investee and non-investee companies.

Since inception in 2010, the Vumela Fund:

  • experienced an average weighted CAGR revenue growth of over 20%
  • made 19 investments
  • committed R250 million in capital
  • created over 1800 jobs


I can highly recommend Edge Growth. Their knowledge and understanding of their space far exceeds that

of any competitors, the quality of their staff place them far ahead in terms of actual delivery and execution, 

their track record clearly demonstrates their activity in this space and their ethics, values, integrity, passion 

and commitment are beyond question.           

 – Heather Lowe, Head of Enterprise Development, FNB Business




Coega Autospray supplies small sprayed plastic parts to OEMs in the motor industry, primarily VW and General Motors. The technical skill required in this niche is rare and Coega has consistently produced high-quality products that have won them large contracts and numerous awards, yet growth had been limited.


Edge’s due diligence resulted in Vumela making a R15 million debt-equity investment in Coega Autospray in 2011, providing growth capital. Edge Growth also helped to raise an additional R6 million of debt funding to finance Coega’s growth.


Combined with Edge’s growth strategy support, the investment helped Coega recover from an insolvent position and has created an additional 60 jobs*, grown revenue by 400%, and enabled the commission of a robotic production line and a new moulding line to support demand.

Coega Autospray

SME Support transforms floundering business into sustainable enterprise.

Read More

Funding returns SME to positive growth trajectory, allowing her to meet the demand of 200 clients and save existing jobs.

Read More

SAB’s KickStart initiative is re-engineered tocreate a more focused, comprehensive approach towards providing high-impact, sustainable business support.

Read More