SA SME Fund - venture and fund investments
Status not published
Rolling; startups should approach the underlying VC funds backed by the SA SME Fund rather than the fund itself.
Venture capital company that backs specialist fund managers; it does not make direct investments into SMEs. Startups should approach the fund managers it backs.
SA SME Fund
private · national
Deadline: Open all year — Rolling; startups should approach the underlying VC funds backed by the SA SME Fund rather than the fund itself.
This funder does not publish a success rate. We rank it using the rate observed across similar programmes and label it as an estimate rather than implying we know.
Major bid — written case, budget, possibly partners.
Who can apply
- Stage: seed and Series A
- Locally registered entity required
Not open to direct company applications; access is via SA SME Fund-backed fund managers investing in scalable South African businesses.
How to apply
- Identify SA SME Fund portfolio VC managers.
- Approach the relevant manager with your round.
- Standard VC diligence and investment.
What you will need
- Pitch deck
- Financial model
- Cap table
Related reading: How grant deadlines actually work
Source. https://sasmefund.co.za/
"We do not make direct investments into SMEs. Instead, we empower specialist fund managers to do what they do best"
Last checked against the official page on 5 October 2026
Source: funder's homepage — the programme page was not found
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