Reference
REF ##ESD FUNDING 2022 – Q3
Company Name
MultiChoice Innovation Fund
Name Of Opportunity
MULTICHOICE INNOVATION FUND - LOOKING FOR ESD BENEFICIARIES: Q3 2022
Description
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
Opportunity Information
Closing date
2022-05-04
Keywords
Broadcast Technology Innovation, Innovative Content, Digital and Internet Solutions, Business Processing, FinTech, Tech
Estimated Value
Undisclosed
Locations
Western Cape
Kwazula / Natal
Eastern Cape
Gauteng
Limpopo
Mpumalanga
North West
Nothern Cape
Free State
Application Requirements
Required BBBEE Level
2
Required Black Ownership
51%
Industry Sector
Financial Services
Information and Communication Technology (ICT)
Marketing, Advertising and Communication (MAC)
Revenue Band
Less than R10 Million
Between R10 Million and 50 Million
Additional Criteria
Annual Revenue Band: Between R0 and R50 million
