Trade News

Annual Show To Reveal Funding Secrets

JOHANNESBURG, 16 July 2018 –  Riversands Incubation Hub is set to reveal funding secrets for entrepreneurs when it hosts its third annual FundEX event on Thursday 16 August 2018.

Last year’s FundEX brought together more than 600 entrepreneurs seeking funding for business expansion. This year’s one-day conference and expo are set to create numerous golden opportunities for entrepreneurs needing access to funding.

FundEX carries the theme ‘Secrets of Scale’, and will unpack what it takes to build a ‘fundable’ business, featuring entrepreneurs who have attracted funding and built successful businesses.

“We measure the success of FundEX against the number of entrepreneurs who secure funding after the event. Contrary to popular belief, there is funding available. This event aims to provide practical guidance on what funding is available and what it takes to access this capital,” says Jenny Retief, CEO of Riversands Incubation Hub.

While Riversands does not provide funding, the organisation plays a role in bridging the gap between entrepreneurs and the many players in the funding space.

This year’s FundEX will extend beyond the one-day event and includes 10 places for entrepreneurs to work with a finance coach with insights from funding experts to prepare for funding. “We will walk this funding journey with these selected entrepreneurs,” adds Retief. Entrepreneurs attending FundEX can apply to be selected for this ‘fast-track’ process.

Entrepreneurs will also have the opportunity to interact with a variety of funders including banks, government funders and alternative funding platforms in the funders’ lounge during the show. Appointments with funders can be booked on the day, with the lounge opening at 10:00 and running to 15:00.

The one-day event runs from 09:00 to 16:00 and is open to the public, with tickets available online at www.fundex.co.za.

Riversands Incubation Hub is located off William Nicol Drive near Dainfern.

About Riversands Incubation Hub

Riversands Incubation Hub is a ground-breaking initiative with the scale to have a real economic impact by supporting small businesses, fostering job creation and alleviating poverty. The Riversands initiative was catalysed in 2015 through a private-public partnership between Century Property Developments and National Treasury’s Jobs Fund. Established and start-up small businesses are accommodated at Riversands for a period of up to three years in subsidised premises with access to business support services. The campus is currently home to over 150 small businesses. For more information visit: www.riversandsihub.co.za

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