Business

ICT & Financial SMEs: Pitch Now For R3 Million With Old Mutual SMEgo!

ICT & Financial SMEs: Pitch Now For R3 Million With Old Mutual SMEgo! Old Mutual SMEgo is thrilled to announce a Pitch-A-Thon offering R3 million in funding. SMEs in the ICT and Financial Services sectors are invited to participate, provided they meet the following qualifying criteria:

  • 51% Black Owned (as verified by valid B-BBEE certification)
  • Minimum Turnover of ZAR500,000 and a Maximum Turnover of ZAR50 million (annual financial statements or audited reports must be submitted to verify turnover)
  • Minimum 6 months trading history (with supporting documents to prove trading history such as bank statements and contracts)
  • Subscribed to the R299 Premium Plus Plan and actively using the platform

Applications open on the 9th of October and close on the 31st of October 2024. To apply, visit http://www.smego.co.za. Only pre-vetted finalists who meet the criteria and submit all required supporting documents by the deadline will be eligible. These finalists will be invited to participate in the Pitch Battle, where 10 SMEs will each receive R300,000 in funding and an annual subscription to the SMEgo Premium Plus Plan.

The dates and locations are as follows:

Johannesburg: 8th November at Old Mutual, 107 Rivonia Rd, Sandton

Cape Town: 15th November at Old Mutual Park, Jan Smuts Drive, Pinelands, Cape Town

The distinguished panel of judges are:

  • Talifhani Banks, CEO of Analytics and Spaza Eats
  • Tremayne Monaghan, Chief Venture Officer at Next176
  • Buntu Majaja, CEO of Innovation Summit
  • Nobesuthu Ndlovu, Director SME, Old Mutual Corporate
  • Ntombenhle Khathwane, Founder and CEO of Afrobotanics
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