We were working with a talented, amazing entrepreneur in the township. He found an opportunity in the local community, started the business in 2015 and grew a loyal customer base over time. By 2021, he had completed several SMME development programmes, garnered media attention and was poised to grow the business further. Yet the business
Throughout the life of a business, an entrepreneur experiences the pain of access to finance. From the time they have a business idea, to starting out on the path and later growing the business, securing finance is a struggle. From experience, working with funders and entrepreneurs, there is a massive disconnect between them in practice. In
Are you searching for funding at slightest chance? Have you reached a point where you will accept any funder for your business idea? Are you in the process of applying for funding? Stop! You could be falling for a funding trap Background In August 2013, Telkom launched the Mega Challenge at the Innovation Summit.