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My Growth Fund Seeks To Help Entrepreneurs Scale Their Small Businesses

My Growth Fund Seeks To Help Entrepreneurs Scale Their Small Businesses. My Growth Fund Venture Partners is a Series A investment firm. With its overall goal to enhance and contribute to the economic upliftment of Africa, it provides the tools innovators need to shatter the status quo. Its accelerator, incubators, masterclasses & investments make it the only wall-to-wall enterprise and supplier development company in South Africa. Since 2014 it has obsessively honed what it is good at and that is providing the expert skills, business support and access to capital that entrepreneurs and businesses need to sustainably grow.

It is proficient at working with small but promising (high-growth potential) businesses in upstream industries that require a mix of deep technical expertise, robust sales strategies & to-the-minute data insights to succeed. The company believes all great achievements have a singular currency, people. As such its approach places the human being, the entrepreneur or leader, at its centre with a clear focus on personal development whilst its teams work on business issues. The company was co-founded by Vusi Thembekwayo along with other partners. The organisation supports young entrepreneurs as they start, build and grow their businesses. They provide them with entrepreneurial advice and implementation support across various disciplines.

The company’s Mezzanine fund is aimed at growth businesses that require blended financing for their growth needs. Applicants must have a minimum of R40mln EBITDA to apply for this fund. The short-term funding solutions are aimed at businesses that require invoice, contract, or purchase order finance solutions for the short-term working capital needs.

My Growth Fund Accelerate is a leading business accelerator that has mentored 489 SMMEs & accelerated 57 high-impact start-ups. Its graduates have created 168 jobs thus generating R16, 565,472 in economic value. It aims to build 300 sustainable businesses & create 100,000 jobs by the year 2030.

My Growth Fund Venture Partners is a leading venture firm, winner of the Best Impact Investment Firm 2020 – Africa at the Worldwide Finance Awards in London, UK. My Growth Fund is also proudly backed by the pre-eminent African private equity firm EXEO Capital, which manages over USD $200mln in AUM.

By Thomas Chiothamisi

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