CAPE TOWN - The Southern African Venture Capital and Private Equity Association has launched a small, medium and micro enterprise support platform to ensure companies survive the Covid-19 economic crisis.
“SAVCA is proud to report that over 1,100 hours have already been pledged to the platform thus far, a number we are certain will continue to rise over the coming days,” says Van Lill, noting that the full list of support on offer is available on SAVCA’s online Covid-19 portal. Shelley Lotz, SAVCA’s head of regulatory affairs and project manager for the SMME support initiative, echoes this sentiment, adding that all South Africans have a role to play in supporting the wider economy in whichever way possible during this critical time.
To utilise the support platform, all SMME’s will be required to provide company details, basic financial information, and employee numbers, as well as upload supporting documentation which could be used for verification purposes during the application process.
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