Furtherance Capital
Furtherance Capital is a division of the Furtherance Group, its key focus is facilitating and raising early stage investment funding and high growth capital that will be deployed to grow exponentially black owned enterprises and be supported to gain further traction in local corporate supply chain markets.
Additionally, Furtherance Capital aims to champion a first of its kind in South Africa, business entrepreneurship programme that will seek to business management capability of black entrepreneurs to develop near future business owners.
Furtherance Capital is able to successfully deliver on the following areas;
- Provision of early stage investment to high potential black enterprises
- Provision of growth and expansion investment to high growth but risky enterprises
- Market Access Facilitation
- Build capacity and expertise of black entrepreneurs to manage high growth businesses
High Potential Early Stage Black SMMEs Investment
- High Potential early stage black SMMEs recruitment
- Corporate Market Linkage
- Seed Investment and Early Stage Investment
- Commercial Capacity Building
High Growth Black SMMEs Investment
- High Growth black SMMEs recruitment
- Growth Funding Debt and Equity Investment
- Strategic Commercial Partnership
- Strategic Market Linkage
- Commercial Capacity Building
- High Growth black SMMEs M&E support
- Grow though M&A
Manage-a-Business Accelerator
- Identify market opportunity
- Identification of skilled up and coming black entrepreneurs to deliver on the opportunity
- Set-up JV entity with the identified black entrepreneur then secure the opportunity.
- Provide incubated management and back office support to black entrepreneur to run the business.
- Black Entrepreneurs will claw 10% equity for 5 years until they own the business.
Working Capital Fund
- Investment in Invoice Finance
- Investment in Purchase Order Finance
