Unlock R10m in funding: Transform your business or community project with Lesaka
In an exciting announcement, Lesaka is thrilled to extend the deadline for submitting innovative proposals for its BEE, CSI, Enterprise, or Supplier Development initiatives to 31 January 2025. This is your golden opportunity to access a share of R10m in funding that could breathe new life into your business or community project.
As Lesaka embarks on its Environmental, Social, and Governance (ESG) journey, we are committed to raising awareness and supporting initiatives that align with these principles. Many of you may already be engaging in activities that fall under the ESG umbrella, even if you use different terminology. We aim to illuminate these connections, helping you see how your efforts contribute to broader societal goals.
As Lesaka embarks on its Environmental, Social, and Governance (ESG) journey, we are committed to raising awareness and supporting initiatives that align with these principles. Many of you may already be engaging in activities that fall under the ESG umbrella, even if you use different terminology. We aim to illuminate these connections, helping you see how your efforts contribute to broader societal goals.
Understanding the Eligibility CriteriaBefore applying, ensure your business meets the following criteria:
- It qualifies as either an Exempted Micro Enterprise (EME) or a Qualifying Small Enterprise (QSE).
- At least 51% of your business must be black-owned.
- Your business holds a BEE Level 1-2, or Level 1-3 if you're in the transport sector.
Spotlight on successful initiatives
- Lebz Café: Revitalised a struggling coffee shop in a township, providing funds for essential resources like rental space, stock, uniforms, and marketing, which helped the young entrepreneur thrive post-Covid-19.
- Stokfella: Enhanced this innovative digital platform that modernises traditional stokvels, creating six new permanent jobs through our funding that supported the development of a Sellers and Retailers Portal.
- Chat Inc: Our investment in a WhatsApp chatbot flEX, a customer and employee engagement platform, resulted in the creation of three new permanent jobs and offered businesses automation and CRM solutions.
- Cingani High School: We funded a prefabricated classroom and donated laptops and projectors to this Eastern Cape school, which serves 1500 learners and achieved a 92% pass rate despite financial hardships. As a result of our donation, the school has introduced Information Technology as a subject.
- Full Circle: This recycling initiative received funds to purchase weatherproof trucks, promoting environmental sustainability and creating two permanent jobs.
- Disaster Relief Fund: Established to support communities affected by natural disasters, our donations provided essential supplies like food and blankets, aiding recovery and economic stability.
