We exist for the entrepreneur.
Our mission is to find & nurture high-growth black entrepreneurs through our funding, incubation and enterprise development platforms.
South African entrepreneurs have the triple challenges of low access to capital (driven mainly by its risk averse capital markets system); inadequate education levels & high barriers to ecosystem of opportunities.
These challenge combine to alienate entrepreneurs (specifically black African) from mainstream economic activity and keep their businesses in the shadow economies. In more developed economies successful entrepreneurial endeavour is driven by a combination of technical competence and commercial acumen of the entrepreneur as well as the commercialisation potential of their product or service.
Competence not connection is the primary determinant of the success.
At MyGrowthFund we believe that given the right training, funding and support any true entrepreneur can succeed.