Steps to Engage
- Research Funds: Use the South African Venture Capital Association (SAVCA) database.
- Secure Introductions: Leverage referrals to connect with fund managers.
- Prepare Materials: Draft NDAs, pitches, and financial projections.
- Negotiate Terms: Collaborate on term sheets and due diligence.
- Legal Advice: Ensure contracts align with business goals and BEE requirements.
Alternatives to Private Equity
- Self-Funding: Reinvest profits and optimize margins.
- Partnerships: Collaborate with black-owned businesses for equity credentials.
- Equity Equivalents: Achieve BEE compliance without ownership dilution.
