Looking for seed funding to start a business | Fin24
In partnership with

Looking for seed funding to start a business

Sep 12 2014 16:18

A Fin24 user is looking for seed capital for his start-up companies. He writes:

I am seeking seed capital for my start-ups - or a business partner. Can you help?

Jeremy Lang, regional general manager of Business Partners in its Inland West region, responds:

Based on the information provided, it is quite difficult to give specific information to your request, especially considering that different financiers or investors have different mandates and levels of risk appetite within which they finance or invest.

However, a good start would be to visit the South African Venture Capital Association website, which has a detailed list of most venture capital and private equity firms in South Africa.

The member list also contains links to websites of these firms as well as the contact details of the relevant persons to deal with.   

It is important that you try and match the nature of the funding requirement with the potential funder.

In early stage funding, there are generally three types of funders:

Research and development or seed funders

They provide runding required to conduct research and development or to get the product into a market ready position.

Commercialisation funders

They provide funding in cases where the product is already developed, but funding is required to take the product to market.

Post revenue generating funders

These funders generally expect a bit of a track record through actual sales of the product.

- Fin24

Do you have a pressing financial question? Post it on our Money Clinic section and we will get an expert to answer your query.

Disclaimer: Fin24 cannot be held liable for any investment decisions made based on the advice given by independent financial service providers. Under the ECT Act and to the fullest extent possible under the applicable law, Fin24 disclaims all responsibility or liability for any damages whatsoever resulting from the use of this site in any manner.



Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
Comments have been closed for this article.

Company Snapshot

Voting Booth

Do you support a reduction in the public sector wage bill?

Previous results · Suggest a vote