Incubation & Support
MyGrowthFund’s Incubation solution is tailored to build and support small and medium sized, majority black owned businesses by developing incubator hubs throughout the townships and rural areas of South Africa. The strategic mission set for the firm by therir CEO Vusi Thembekwayo is that MyGrowthFund must have a mobile-incubation centre in all 256 of the municipalities in all across the country.
MyGrowthFunds current project in Thoyandou in the province of Limpopo is a testament to the vision they have of seeing the rural communities uplifted and contributing to the growth of the economy.
Funding
MyGrowthFund's funding model is tailor made to help the entrepreneur grow with their business.
Funding Criteria
· Business must be operating for 12 months
· Business needs to generate cash flows
· 12 month financial records
· A Management Team
· Directors Profiles
*Must not be in the sin sector or Franchise
Source: mygrowthfund.co.za