
South Africa: JSE expands SME Rise Initiative with UK partnership and national roadshows
Through partnerships with the Small Enterprise Development and Finance Agency (Sedfa) and the UK-SA Tech Hub, the JSE is scaling up the reach of two key SME Rise programmes in 2025: the Capital Matching Roadshow and the Enterprise Acceleration Programme.
'The SME Rise initiative has proven to be a powerful catalyst for unlocking opportunities for SMEs,' said Vuyo Lee, director of marketing and corporate affairs at the JSE.
'Our partnerships are crucial to ensuring that more SMEs get the tools and support they need to grow, create jobs, and contribute meaningfully to our economy.'
In 2024, the Capital Matching Roadshow reached over 400 SMEs in the Eastern Cape, Free State, and Western Cape—connecting them with potential investors. The programme, developed with support from Sedfa, provincial development agencies, and government partners, will expand to Gauteng and Limpopo in 2025.
'Our collaboration with the JSE underscores the importance of joint efforts to build sustainable solutions for SMEs,' said Nkosikhona Mbatha, acting CEO of Sedfa.
JSE Enterprise Acceleration Programme
In a parallel track, the JSE Enterprise Acceleration Programme, now in its fourth year, is launching its 2025 cohort in partnership with the UK-SA Tech Hub. The initiative targets high-growth, tech-enabled companies and includes a 12-month programme covering acceleration, investor readiness, and market expansion.
'This partnership opens the door for South African SMEs to gain global visibility and access to international markets,' said Lee.
Over 50 businesses have already benefitted from the programme, which includes mentoring, workshops, and access to global networks. The UK-SA Tech Hub's support aligns with the UK government's commitment to inclusive digital growth and startup support in South Africa.
'Our aim is to equip startups with the tools to secure capital and grow sustainably,' said Milisa Mabinza, director of the UK-SA Tech Hub.
JSE Private Placements (JPP) continues to play a key role by offering SMEs a digital platform for fundraising, while alumni-led initiatives like the Mamela Luthuli Foundation will provide expert-led workshops and targeted investor engagements for the 2025 cohort.
The SME Rise initiative takes a holistic approach to SME development, with programmes covering red tape reduction, early-stage funding readiness, and international market expansion—creating a full ecosystem for growth.
All rights reserved. © 2022. Bizcommunity.com Provided by SyndiGate Media Inc. (Syndigate.info).
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Zawya
19 minutes ago
- Zawya
MBRIF welcomes 10th cohort of innovators into the Innovation Accelerator
Dubai, UAE – The Mohammed Bin Rashid Innovation Fund (MBRIF), an initiative launched by the Ministry of Finance to support the innovation and entrepreneurship ecosystem in the UAE, has announced the selection of 20 innovative startups to join the 10th cohort of its Innovation Accelerator Program. The MBRIF Innovation Accelerator, launched in 2018, was designed to stimulate innovation in the country. The program empowers innovators to unlock their full potential and scale their businesses within key sectors aligned with the UAE's National Innovation Strategy. Startups accepted into the program will benefit from extensive support, including access to a wide network of stakeholders, investment opportunities, and mentorship programs. Participants will also receive expert training and gain access to advanced resources. All support tools provided by the program are designed to help participants enhance their capabilities, accelerate their growth, and achieve their ambitions for expansion. A Vital Role in Shaping the Future Commenting on the announcement, Fatima Yousif Alnaqbi, Acting Assistant Undersecretary for Support Services Sector at the Ministry of Finance and the Ministry's representative at MBRIF, said: 'We welcome the 10th cohort to the MBRIF Innovation Accelerator and reaffirm the Ministry of Finance's commitment to equipping ambitious startups with the necessary tools and resources to thrive and actively contribute to the UAE's innovation-driven economy. The selection process for this cohort was based on a thorough and comprehensive evaluation to ensure the companies meet the highest standards of efficiency and align with our strategic priorities. The remarkable diversity and bold vision of the selected startups reflect the program's ability to attract top local and global companies, and its vital role in shaping a sustainable, knowledge-based future.' Alnaqbi added: 'The MBRIF Innovation Accelerator is not just a support platform, but a catalyst for transformation. By placing the right tools and expertise in the hands of innovators and surrounding them with a fully integrated support system, we empower them to reach their full potential and expand the scope of their positive impact.' List of Companies The 10th cohort includes a wide range of companies such as Timber Exchange, a digital supply chain platform for the timber industry; Soshianest, AI-powered logistics tools for maritime operations; Tapy, a smart health monitoring device for children of determination and the elderly; WonderTree, an augmented reality-based educational and therapeutic platform for children of determination; Hlthera, an AI-supported social healthcare ecosystem; and Ketrone, autonomous AI agents for legal teams. Also joining the program are Gestify, a platform that turns video content into gesture-based interactive experiences; iWarranty, an intelligent system for managing warranties and claims; Pixonal, data-driven insights solutions; Jadwelny, an integrated travel planning platform; and Rudiq, a platform for asset tokenization and lending tools. The list also includes Corpowid, a tool for improving website accessibility for people of determination; eecrow, a smart escrow and contract platform for secure payments; Revent, pre-owned IT devices powered by AI; Openfarming, an AI-first platform for food supply chain management; and i-ESG, AI and big data solutions for ESG compliance. Other participants include Plantaform, an automated, soil-free indoor garden; Enrichly, a platform focused on self-esteem and emotional well-being; Infinite Minds, a digital skills training platform for people of determination; and Jusoor Labs, which offers 3D simulations and virtual STEM labs. With nine successful cohorts completed, the MBRIF Innovation Accelerator continues to play a central role in advancing the UAE's innovation ecosystem and supporting the country's efforts to diversify its economy. For more information, please visit: About the MBRIF: The Mohammed bin Rashid Innovation Fund (MBRIF) is a federal initiative launched by the Ministry of Finance and is operated by Emirates Development Bank. Since its launch in 2016, the MBRIF has supported innovators through its first program, the Guarantee Scheme, which offers members access to affordable funding through a government-backed guarantee and without taking equity. The MBRIF's second program, the MBRIF Accelerator, was launched in December 2018. Aligned with the UAE National Innovation Strategy, the initiative aims to enhance growth potential of innovative businesses shaping the future of UAE's economy. The MBRIF Accelerator offers world-class services and coaching to member companies to accelerate their business, elevate capabilities, unlock value and achieve scale. Additionally, the MBRIF partners with the public and private sector to help facilitate growth, provide support, create opportunities and pave the way to success for its member companies in the UAE. For more information, please visit: For press enquiries, please contact: Tameem Alkintar Weber Shandwick Email: TAlkintar@


Zawya
20 minutes ago
- Zawya
Cebu-Oman Investment Forum opens with a historic promise of economic partnership
Cebu: The inaugural Cebu-Oman Investment Forum kicked off today in Cebu, Philippines, with an eloquent opening address by His Excellency Foreign Minister Sayyid Badr Albusaidi. The event marks a significant milestone in the enduring friendship between Oman and the Republic of the Philippines, aiming to transform their longstanding goodwill into a dynamic economic partnership. In his speech, Sayyid Badr highlighted the deep ties fostered by nearly 50,000 Overseas Filipino Workers (OFWs) who have found a second home in Oman, thriving in an environment of safety, respect, and opportunity. He emphasized the shared values of modesty, hospitality and tolerance between the Omani and Filipino peoples, which have woven a tapestry of trust and collaboration. The forum represents a bold new chapter, shifting focus beyond manpower relations to invite business communities and investors from both nations to explore mutual economic opportunities. Oman, strategically located at the crossroads of the Arabian Peninsula, East Africa, and South Asia, offers access to markets serving over two billion consumers. Through Vision 2040, Oman is driving economic diversification with world-class infrastructure, free trade zones in Duqm, Sohar, and Salalah, and investor incentives including 100% ownership, tax exemptions, a stable currency, and free movement of capital. Sectors such as renewable energy, logistics, real estate, tourism, food industry, medical care, data centers, technology, AI, and robotics are open for investment, underpinned by Oman's 'friends to all' philosophy and free trade agreements with countries like the United States, Singapore, and the EFTA region. Similarly, the Philippines' thriving economy, fueled by innovation, a skilled workforce and entrepreneurial spirit, presents exciting prospects for Omani investors in technology, agriculture, infrastructure and hospitality. Sayyid Badr extended an open invitation to forge robust economic bonds, encouraging joint ventures and expertise exchange to nurture prosperity. The Foreign Minister called on participants to seize this opportunity to build on the people-to-people connections established by OFWs, laying the foundation for a flourishing economic partnership and a new era of mutual investment. © Muscat Media Group Provided by SyndiGate Media Inc. (


Zawya
2 hours ago
- Zawya
$100mln allocated to support MSMEs in 2025/2026 budget: Egypt's Finance Minister
Egypt - Finance Minister Ahmed Kouchouk announced that EGP 5bn has been earmarked in Egypt's new 2025/2026 state budget—effective from 1 July—to support micro, small, and medium-sized enterprises (MSMEs). The funding is intended to make financing more accessible and affordable for young entrepreneurs, particularly in priority sectors. This initiative represents a significant step in bolstering the private sector and productive industries, in cooperation with the Micro, Small and Medium Enterprise Development Agency (MSMEDA). It also marks the start of a new phase of collaboration aimed at ensuring the agency's financial sustainability and stimulating economic growth. As part of these efforts, Finance Minister Ahmed Kouchouk and Basel Rahmi, CEO of MSMEDA, signed a cooperation protocol to implement financial policies that encourage entrepreneurship and support start-ups. The agreement also aims to reinforce MSMEDA's ability to promote the development of micro, small, and medium-sized businesses. Kouchouk explained that an initial agreement had been reached with MSMEDA to finance several initiatives. These include supporting beneficiaries of tax relief schemes, promoting entrepreneurship, encouraging local production and component manufacturing, advancing export-oriented projects, and enabling economic empowerment for low-income households. He added that preferential, low-cost financing would be offered this fiscal year to the first group of businesses joining the simplified and unified tax system. For his part, Basel Rahmi expressed appreciation for the Ministry of Finance's policies aimed at supporting emerging enterprises and stimulating private-sector growth. He praised the minister's forward-looking approach, which he said will help create new opportunities for the economic empowerment of young entrepreneurs. © 2024 Daily News Egypt. Provided by SyndiGate Media Inc. (