The national lockdown is a source of concern for many small, medium and micro-sized enterprises (SMMEs), who have limited cash reserves and rely on a steady income to keep their doors open. However, South African entrepreneurs have proven themselves to be resilient and adaptable and they are a source of great pride and inspiration to the nation. To help our invaluable SMME owners, the government has announced a series of funding schemes.

The SAB Foundation has decided to extend the deadline for applications to their 10th annual SAB Social Innovation and Disability Empowerment Awards to 30 March 2020 at 10am.

Applications for the tenth annual SAB Foundation Social Innovation and Disability Empowerment Awards open on 24 February 2020. Winning social innovators stand the chance of receiving up-to R1.3 million in funding for their innovations as well as business development support.

With the arrival of a new decade, there is renewed hope for a prosperous South Africa with jobs and opportunities a-plenty.

In November, South Africa commemorates Disability Rights Awareness Month, a time dedicated to raising awareness about the issues faced by people with disabilities and coming together in support of equal rights and inclusivity for all.

A total amount of R13 650 000 in funding was awarded to twenty finalists at the Social Innovation and Disability Empowerment Awards 2019.

The SAB Foundation has selected 20 finalists for its 2019 Social Innovation and Disability Empowerment Awards. The final winners will be announced at an official awards ceremony on Wednesday, 09 October 2019.

Johannesburg. 09 September 2019. The SAB Foundation has selected 17 finalists in its 9th annual Social Innovation Awards 2019 and 3 finalists in its 4th annual Disability Empowerment Awards. The final winners will be announced at an official awards ceremony on Wednesday, 09 October 2019.

Gender equality is one of the United Nation’s (UN) sustainable development goals which they claim is not only a fundamental human right, but a necessary foundation for a peaceful and prosperous world.

The SAB Foundation Tholoana Enterprise Programme is looking for entrepreneurs who are passionate and dedicated to growing the economy and creating jobs.

In South Africa, small businesses are a driving force for economic growth and job creation. However, start-up failure rates are still very high with 75% of small businesses closing within their first five years. To help entrepreneurs beat the odds, the SAB Foundation provides seed funding and business support to equip them with the tools they need to succeed.

By 2025, millennials will make up 75% of the global workforce and their growing influence on business is rapidly redefining our notion of success.

The SAB Foundation in partnership with the University of Limpopo has launched a Student Seed Fund and Social Entrepreneurship Competition.

The University of Limpopo, in partnership with SAB Foundation, has launched the University of Limpopo Student Seed Fund which will encourage and support student-owned social innovation enterprises.

Did you know that Small and Medium Enterprises (SMEs) in South Africa make up 91% of formalised businesses, provide employment to about 60% of the workforce, and contribute roughly 34% to the Growth Domestic Product (GDP)? These statistics are just a small indicator of the value that SMEs bring to our country.