Established in 2011, Edge Action is Edge Growth’s own in-house Enterprise and Supplier Development (ESD) Fund and is a qualifying ESD beneficiary. Its purpose is to provide companies with ESD budgets of less than R50 million with a pooled but effective way to implement their ESD strategy, and bespoke solutions to corporates with budgets greater than R50 million. Both approaches maximise socio-economic impact through responsible investment and ensure B-BBEE code compliance.
How can we help you? The Corporate
Are any, or some, of these challenges constraining your ESD initiatives?
Your Challenges
Limited in house capacity
to run E&SD well themselves
Edge Action Solves This By:
Pooling funds to enable a more significant ESD solution to take effect
Credible ESD provider with over 10 years in industry
Appropriate governance in place
Customised Solutions
Ring-fence option for specific requirements
In-house skills and capacity to ensure sustainability
Edge Action knows that ESD can be a complicated terrain to navigate, but compliance requirements should not be ignored. Good corporate citizenship should be high on the agenda for any South African business, making Edge Action a responsible solution to ESD.
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Some of our Clients
With more than 10 years in the field, we understand how to cater to the needs of the corporate as well as the entrepreneur. Over that time, we’ve delivered tangible results to entrepreneurs across South Africa and have partnered with enterprises across all sectors.
These are just a few of them:
How can we help you? The SME?
Our funding, coupled with practical business growth strategies and operational plans, is tailored to the individual entrepreneur. This ensures that through various support mechanisms, such as post funding, specialised mentorship, and access to markets through corporate supply chains, we propel entrepreneurs to the next level of growth and scalability. The right SMEs, paired with the right investors, and with the continuous support of experienced business growth professionals through the Edge Action fund, are afforded the opportunities and resources they need to grow and thrive.
Provided funding and growth support to 18 SMEs
Increased the average revenue of investee SMEs by 74%
Created 140 direct and indirect jobs in a 5-year period
Edge Action offers Fund Contributors:
All businesses considered for inclusion in Edge Action must:
Be seeking funding of between R500K and R2m
Be deemed to have strong growth potential
Be revenue-generating
Show potential for good job creation and social impact
Be at least 51% black-owned
Have a strong team with relevant experience and a proven track record of implementing growth within the business
Who are some of the SME’S we’ve supported?
The SMEs selected to be a part of the Edge Action portfolio have shown themselves to be of outstanding quality, capable of the kind of growth potential needed to make a genuine socio-economic impact within their communities.
Here are some of the success stories we’ve helped create:
Eagle Towers
Eagle Towers is an independent, 100% black owned telecommunications infrastructure provider, responsible for building, installing and operating communications towers that connect large networks to local communities who depend on their services.
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Eagle Towers
Through Edge Action, Eagle Tower secured a funding injection of R30 million, allowing them to build five additional towers and bring their services into Gauteng and Mpumalanga. This expansion has allowed Eagle Towers to remain competitive and take on larger suppliers in the cellular tower space, whileproviding employment opportunities and encouraging skills development in South Africa’s growing ICT sector while at the same time establishing themselves as the first 100% black owned telecommunications provider in SA.
How Edge Action Helped them
New Earth Recycling
By providing alternate disposal channels for recyclable waste, New Earth Recycling helps businesses be environmentally friendly and compliant, by reducing the waste that ends up in landfill sites.
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New Earth Recycling
The funding and guidance secured from Edge Action helped New Earth Recycling to improve their
capacity as demand for their services began to accelerate. Able to collect more waste at a time, New
Earth Recycling was also able to contribute to its own sustainability through job creation and skills
transfer within the company. The business is now at a more advanced level of production, and continues
to grow. Revenues have increased since the start of investment, and is set to grow even more in the coming years.
How Edge Action Helped them
Living Hope
Living Hope aims to strengthen the agricultural sector and food security in South Africa by providing training in agriculture, providing work opportunities, and alleviating poverty through industry-specific training programmes.
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Living Hope
Edge Action has invested in Living Hope’s Agricultural and Business Training Division, helping to spread
skills and knowledge in tunnel farming techniques. In 2016, four students graduated from the programme
with Edge Action’s help, and will soon be provided with their own tunnels to begin their own
entrepreneurial journeys.
How Edge Action Helped them
Mpilenhle Recycling
A recycling company that specialises in the recovery, sorting and processing of recyclable household materials, Mpilenhle Recycling is committed to reducing the amounts of plastic and paper waste in KwaZulu Natal, while also assisting scrap dealers in the area to make a living through eco-friendly practices.
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Mpilenhle Recycling
The Edge Action fund helped provide Mpilenhle Recycling with a 4-ton truck to increase their carrying
capacity and improve customer confidence in their business. Through a second round of funding from
Action, Mpilenhle was able to purchase detachable cages to increase the volume of recyclable
commodities while at the same time decreasing costs. They have managed to expand operations to
hammenskraal while at the same time establishing various buy back centers in neighbouring townships.
They are now able to move 116 tons of waste every month, and have added four new jobs to their
operations, helping create employment in the communities of the greater Newcastle municipality.
SAB’s KickStart initiative is re-engineered tocreate a more focused, comprehensive approach towards providing high-impact, sustainable business support.
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