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MULTICHOICE INNOVATION FUND -LOOKING FOR ESD BENEFICIARIES: Q3 2022 (REF ##ESD FUNDING 2022 – Q3)



About the Opportunity:

The Innovation Fund is an Enterprise Development Fund powered by the MultiChoice Enterprise Development Trust (“Trust”). The Trust was established in 2012 to optimise the MultiChoice Group’s enterprise development contribution in the Information and Communications Technology (ICT) sector. Since 2012, the Trust has invested over R250m in over 35 black-owned businesses across South Africa through loans and grants. Through the Innovation Fund, the MultiChoice Group seeks to support continuous innovation in the ICT and broadcasting sectors, with a strong focus on black-female and youth-owned businesses. Our funding focus is mainly in the following areas: BROADCAST TECHNOLOGY INNOVATION, INNOVATIVE CONTENT, DIGITAL AND INTERNET SOLUTIONS, BUSINESS PROCESSING




Industry Sector:

  • Information and Communication Technology (ICT)

  • Marketing, Advertising and Communication (MAC)

  • Financial Services


Benefits of the Opportunity:

  • Financial Support

  • Access to Markets

  • Skills Development


Requirements and Criteria:

  • Annual Revenue Band: Between R0 and R50 million

  • Required BBBEE Level: 2

  • Required Black Ownership: 51%

YOU WILL NEED THE FOLLOWING DOCUMENTS TO REGISTER A COMPANY:

  • Proof of address (not older than 3 months)

  • Tax Clearance Certificate / PIN (if applicable)

  • Company registration documents

  • B-BBEE Certificate (if applicable)

  • Company Logo (if applicable)



Submission Deadline:

30 April 2022



To Apply, Please click:

https://multichoice.xasafrica.com/register




For more information, please click:

https://multichoice.xasafrica.com/tender/224



Contact Details:

email: admin@xasafrica.com

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