One of the main challenges to the growth of small-to medium sized businesses is access to equity finance. To help these businesses with their capital requirements, and boost economic growth, the South African government implemented a tax incentive in 2009. Through the process of investing into approved venture capital companies (VCCs), entrepreneurs and SMEs are able to receive equity finance to support their long-term growth potential.
VCCs provide a platform to pool numerous retail investors’ funds to the benefit of the small business sector in South Africa.
A significant benefit of Optomise is that, unlike most structured investments, investors in Optomise VCC fund have a say in the control of the underlying business. Our equity finance has provided funding start-up costs and capital for expansion of businesses, employment creation and skills development in the solar power, hospitality and technology sectors.
Our vision is that a growing appetite for these types of alternative investments will see a growth in high-impact investment that will drive enterprise development and, as a consequence, social development.
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