eskomenterprisedevelopment

The Old Mutual Foundation is committed to driving transformation through effective socioeconomic development initiatives and the integration of marginalised South Africans into the mainstream economy. Beyond simply providing funding, the Foundation is determined to create positive and sustainable impact.

  • The Foundation funds and provides ongoing support to black-owned businesses that have high potential for job creation.
  • A hybrid funding approach combines grant funding from the Foundation and loan funding from the Masisizane Fund, the Foundation’s primary funding partner in this space.
  • The Foundation and the Fund provide business mentorship and training to all supported businesses.

Tags: Case Study Old Mutual Enterprise Development

Read more: Corporate Practise: Driving enterprise development through partnership (Old Mutual)

The Eskom Development Foundation is mandated with implementing the organisation’s corporate social investment strategy in sectors including enterprise development, education, healthcare and social and community development.

Some of their projects include:

  • The Contractor Academy
  • The Simama Ranta School Entrepreneurship Education Competition
  • Business Investment Competition
  • Small Business Expo

Tags: Case Study Eskom Enterprise Development contractor academy

Read more: Corporate Practice: Eskom Development Foundation sowing the seeds of hope

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