• Investor

Edge Growth

Vumela was established in 2009 by FNB Business Banking and Edge Growth, as they wanted to work together to create an innovative model that filled the gaps in the current SME funding and support landscape.Within the first four years, we'd invested R90 million into eight high growth SMEs, and created a total of 400 jobs. We launched our second fund in 2015, after a further investment of R100 million from FirstRand and R127 million from the Jobs Fund.

  • Stages of Support

    • Idea
    • Start-up
    • Early
    • Growth
    • Mature

  • Nonfinancial support delivery mechanism

    • Mentoring
    • Seat on the Board
    • Peer to Peer / Network-based Support

  • Investment Instruments

    • Equity
    • Quasi-Equity
    • Debt

  • Intervention Type

    • Invest Directly

  • Sectors of Focus

    • Sector agnostic

  • Impact objectives

    • Employment generation
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