As opposed to how many people think, starting a company is very easy.
The challenging part is running and expanding the venture.
Without proper managerial skills, even well-funded start-ups are bound to collapse.
List of all private investors for small business in South AfricaSource: UGC
The following piece will comprehensively list companies and individuals whose focus is in funding upcoming startups.
However, without the starting capital, your idea may not see the light of day.
How do small businesses get investors?
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Start by researching and educating yourself about the entire topic of investment.
After that, do a background check for all the funding options on the table.
The information you will gather will help you understand how to pitch your idea for financing.
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Now, here is the information you need the most.
It is the list of sources of funding for smallbusinessstartup ventures in South Africa.
As mentioned, the list has both experienced business-oriented individuals, as well as investment companies.
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The support goes a long way in increasing their asset profiles.
Greycroft Partners
Greycroft Partners aims to accelerate entrepreneurship by investing funds in companies at any stage.
It is located in New York, but it has a massive footprint in many African countries includingSouth Africa.
Image: unsplash.comSource: UGC
They focus on ICT-based ideas.
They partner mainly with digitally or technology-enabled startups to develop solutions that will yield financial returns.
Kgatelopele
Everything about this limited entity speaks South African.
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From the ownership to its investment choices, it is all about black.
If you decide to partner with Kgatelopele, you will not have to relinquish the control of your venture.
Their financing targets opportunities can create employment as well as develop skills.
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VC4Africa
VC4Africais more about connecting entrepreneurs and investment opportunities.
As a startup, being in the venture ecosystem increases your chances of getting funds.
Its tagline summarises everything about its investment decisions.
An excellent example of the projects in which Goodwell Investments has invested isWhereIsMyTransport.
You will also enjoy impressive returns.
Its name will show up if you look up for startups funding South Africa.
Some individuals are willing to help your start-up take off from the ground.
However, you might want to go for well-known investors with a good track record of past deals.
What better way to explore that option than to go for Angel investors?
Here is a list that will help you pinpoint the most suitable option.
Takeaway
Your bank account balance does not decide whether you will succeed as an entrepreneur or not.
Provided you have a sound business model, the funding will accelerate your growth within the shortest time possible.
We hope that you may start your business soon using private investors for small business in South Africa.
She has a Bachelor of Commerce & IT from the University of Nairobi and joined Briefly.co.za in November 2019.
The writer completed a Google News Initiate Course.
you might email her at perisrodah254@gmail.com.