Opportunity: Old Mutual Masisizane Fund – Empowering South African Entrepreneurs

hustlersnetworking
3 days ago
1 min read

📌 About the Opportunity:

The Masisizane Fund (MSF), established by Old Mutual, is a development finance institution created to drive inclusive economic growth in South Africa. The fund provides financial and non-financial support to black-owned small and medium enterprises (SMEs), with a strong focus on job creation, community upliftment, and sustainable development.

The MSF goes beyond just offering capital. It combines affordable loan financing, grant support, and hands-on business development services to ensure entrepreneurs not only access funding but also have the tools and mentorship to succeed.

What’s on Offer

Financing from R250,000 up to R20 million for growth-minded entrepreneurs
The fund emphasizes affordable, customized financial solutions with a focus on agri-business, manufacturing, retail, technology, supply chain, and franchising
Extensive non-financial support—including business mentorship, financial education, market access guidance, technical assistance and capacity-building—helps founders overcome key growth barrier

Who Can Apply?

Entrepreneurs and small businesses that are:

At least 51% black-owned
Committed to job creation and community impact
Operating in sectors aligned with the fund’s focus areas
Based in South Africa

Priority is given to businesses that:

Operate in rural and township economies
Create long-term employment opportunities
Contribute to women and youth empowerment
Strengthen value chains in key sectors such as agriculture, franchising, and supply chain businesses