Do you have a sustainable, profit-seeking idea for a project that needs at least R10-million for it to take off?
The Western Cape Department of Economic Development and Tourism and Deloitte has joined forces to launch the 2015 Western Cape Funding Fair.
The event will be held on 18 March 2015 at the Cape Town International Convention Centre and aims to facilitate face-to-face contact between project promoters, entrepreneurs and various funding institutions.
The Western Cape Funding Fair also intends to educate and empower project promoters and entrepreneurs on the holistic approach and processes to follow in turning ideas into bankable business plans. These plans have a higher probability of attracting the right type of funding and investment.
“Put simply; the rationale is to get as many project promoters in front of as many possible funders and investors in a focused one-day session,” explains Deloitte Western Cape regional leader Marius Alberts.
“We encourage businesses from all over the province and across a broad range of industries to enter,” says Alberts. “Targeted business sectors include, but are not limited to, ICT, clothing, the green economy, agro-processing, oil and gas, tourism, aquaculture, metals and engineering as well as business process outsourcing.”
The application process for funding closes on 31 January 2015.
The Western Cape Funding Fair comprises three elements, namely project pitches, entrepreneur-focused presentations and an exhibition on 18 March 2015:
• The top 50 qualifying entrepreneurs and project promoters will be given the opportunity to pitch their business propositions and funding requests to a panel representing major funding bodies. These sessions will be closed to the public.
• Topical entrepreneur-focused presentations will be held throughout the day and the full programme details are available on the website.
• Various funding institutions will exhibit at the Fair to promote their business products and network with other attendees.
After the event, funders will have the opportunity to hold one-on-one follow-up meetings with projects that interest them at Deloitte in Cape Town.
Qualifying projects will be contacted by 16 February 2015 and will be invited to attend preparation workshops in early March.
To apply, visit www.westerncapefundingfair.co.za or follow the conversation on Twitter via the hashtag #WCFundingFair.