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Financial Support for Small Businesses during COVID-19

Overview


Great news from friend.

By now, the impact of COVID-19 on your business needs no explanation. Our recent survey amongst small businesses have indicated that 75% of SMEs expect to lose 30% of revenue over the next 3-6 months, and 30% are at risk of running out of cash within 3 months.

SMEs need support, and a lot of it involves financial assistance.

The COVID-19 task team at Edge Growth and 10X Entrepreneur is hard at work to help SMEs with as many tools as possible to navigate the crisis and to make information available in an easy to use format.

Have a look at this list of Financial Support currently available in South Africa.

DISCLAIMER: Please note that this is not an exhaustive list, and also not owned by Edge Growth, but collated to assist the search for help. So, if any of the information in there is not a 100% accurate, we apologise in advance and urge you to contact the owners directly.

Edge screens 300 SMEs, shortlisting 30 high-potential SMEs suitable for growth support.

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SAB’s KickStart initiative is re-engineered tocreate a more focused, comprehensive approach towards providing high-impact, sustainable business support.

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Cabs for Women receives the capital it needs to grow the fleet and create employment for previously disadvantaged women.

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