Startup Africa

Turning the key on African Tech….

Fundman – Find funding in South Africa

Posted by Ismail Dhorat On June - 9 - 2009

I am currently attending the SAFIPA conference, and i have found it incredibly useful. The sessions yesterday on ICT in education was interesting. The number of projects that are on going here in South Africa has me very excited, and my prediction is in 10-15 years time South Africa will be transformed into a knowledge economy.

A project that i found out about here is Fundman, which is supported by SEDA (Small Enterprise development agency).

fundmanWhat is Fundman?
There are tons of Grants, Venture Capital funds & Institutions that assist innovators with funding and assistance. One of the main issues however is getting a list of these funds and finding the one that meet your needs and is suitable for you. Fundman aims to fill that GAP. It is a database of All grants and VC funds available in South Africa. Both from the private and public sectors.


How does Fundman work?
Fundman has 3 Roles for users:

  • Fund Seeker: Entrepreneurs looking for funding
  • Fund Provider
  • Business enabler: Individuals or business that can assist with the funding process

Once you have registered, you can add details of your project including things like funding requirements and what stage you are at. For example if you are at Concept stage and need assistance in developing a Proof of concept or You have a Proof of concept but you need assistance with Commercialisation.

fundman-funding

Once you submit your project details, you are presented with a result of funds that meet your requirements. You can then use the website to contact relevant people for those funds. I like that this site makes sense of all the funding options available out there.

fundman-results

Popularity: 45% [?]

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9 Responses to “Fundman – Find funding in South Africa”

  1. RT @StartUpAfrica New post Fundman, Find funding options in South Africa. http://bit.ly/CcxZr #safipa

  2. J.Francisco says:

    Hi
    Does these people/company fund start ups in Mozambique?If yes could you send me some contact details?
    Regards,
    J.Francisco

  3. J Solis says:

    Have client who needs approximately 100MM JV or private equity investor for High Technology startup projects in the Mining, Agriculture, Car part manufacturer, Cad services. All products already have patents. In Ghana. Please reply with serious inquiries.

  4. Pieter NIEMAND says:

    Somebody saw the light Thank you for sharing this with the public We are in desperate need of finance to start a recovery, restoration and skills centre for drug users alcohol abusers prostitutes gangsters ,broken marriages, stress and depression victims We are in the stage of obtaining the land Our business plan is written and this is for a repetitive program over South Africa to the tune of some 60-100 centers doing one at a time

  5. Shaun says:

    Unfortunately Fundman does not offer any assistance in the category of Tourism/leisure industry. :( another dead end for me :(

  6. Jackson says:

    I need R330,000.00 capital investment on a fish and chips shop to start operating in a mall in Durban from 01 November 2009. Details available to an interested investor.

  7. Ryan says:

    SHAUN……..
    Try the Tourism Economic Development Fund.
    A DTI Initiative

  8. sandy says:

    thanks for this,am inquiring whethr you can provide funds for ugandan non-profit making organisation dealing in orphans and vulnerable welfare and women,disabled childen in disadvantaged regions of uganda?
    thank you.

  9. Dorcas says:

    Hi, does Fundman have a data base of funders for startup businesses outside S.A? If so, would you kidly share the contacts and any other relevant info on them? Am based in Kenya and need such financing.

    Dorcas.

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