In the dynamic landscape of South Africa's economy, Small and Medium Enterprises (SMEs) play a pivotal role, contributing approximately 34% to the Gross Domestic Product (GDP) and employing about 60% of the workforce. However, accessing adequate funding remains a significant challenge for many SMEs. Recent data indicates that only 15% of SMEs have successfully secured formal financing, highlighting the need for a strategic approach to funding. Understanding the Funding Landscape Loans: - Traditional Bank Loans: Major banks in South Africa offer business loans, but stringent requirements, including collateral and a strong credit history, can be barriers. - Development Finance Institutions (DFIs): Entities like the Development Bank of Southern Africa (DBSA) provide funding aimed at promoting economic development. Notably, in September 2024, the DBSA, in collaboration with the European Investment Bank (EIB), committed an additional €200 million to support renewable energy projects, focusing on small- and medium-sized enterprises in the renewable sector. Grants: - Government Grants: Various government departments offer grants to support SMEs, particularly those aligned with national priorities such as renewable energy and innovation. These grants are competitive and often require businesses to meet specific criteria. - Private Sector Grants: Some corporations provide grants as part of their enterprise development initiatives, aiming to support SMEs within their supply chains. Investments: - Venture Capital and Angel Investors: These investors seek high-growth potential businesses, often in the tech and innovation sectors. While they provide capital, they typically require equity in return. - Crowdfunding: An emerging avenue where businesses raise small amounts of money from a large number of people, usually via online platforms. This method not only provides funds but also validates the business idea through public interest. Strategies for SMEs to Secure Funding: - Develop a Robust Business Plan: Clearly outline your business model, market analysis, financial projections, and how the funds will be utilized. - Maintain Accurate Financial Records: Up-to-date and transparent financial statements build credibility with potential funders. - Understand Funding Requirements: Each funding source has specific criteria; tailor your application to meet these requirements. - Leverage Industry Networks: Engage with industry associations and chambers of commerce to learn about funding opportunities and gain referrals. - Consider Alternative Financing: Explore options like invoice financing or asset-based lending, which may be more accessible than traditional loans. By understanding the various funding options and aligning them with their business goals, SMEs can secure the necessary capital to drive growth and contribute significantly to the economy.
Oaktree People Solutions
Business Consulting and Services
Fourways, Gauteng 526 followers
Helping leaders build businesses for success
About us
NURTURE your dreams GROW your business THRIVE, for your Success People and business specialists that help you play to win Do you want to grow your business? Would you like your strategy to be alive in your organisation? Need talented people, capable structures, and efficient processes for excellence, We help leaders and SMEs solve these problems with a business and people strategy playbook. Solutions fit for your purpose to build your businesses for growth. At Oaktree our more than 80 years of high-impact experience in Leadership transformation and business growth, our own experience as entrepreneurs, and our depth of expertise in working with SMEs in their world makes us the partner of choice for SMEs and leaders seeking success. WE KNOW YOU, WE KNOW YOUR WORLD. We know from experience that starting and growing a business is not easy. We know how alone you can feel. facing constant change and overwhelm, people and resource challenges, workflow challenges, industry challenges and heavy competition, and economic and legislative demands. “When we work alongside you, we do not just deliver a “consultant” approach that consists of set frameworks and models. Instead, we promise you a relatable experience, sharpened diverse expertise, a partnership based on trust, and an approach tailored to the needs of your business. We promise a partnership that inspires change and creates success together.” Our integrated eco-system A community where SMEs are able to grow, embed entrepreneurial and business management skills, forge partnerships and relationships, and have access to experts to solve their problems, with simplicity, creating excellence for impact
- Website
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http://www.oaktreepeople.co.za
External link for Oaktree People Solutions
- Industry
- Business Consulting and Services
- Company size
- 2-10 employees
- Headquarters
- Fourways, Gauteng
- Type
- Privately Held
- Founded
- 2017
Locations
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Primary
57 Sloan Street
Wrigley Field Building, The Campus
Fourways, Gauteng 2191, ZA
Employees at Oaktree People Solutions
Updates
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An Investment That Pays the Best Interest Benjamin Franklin once said, “An investment in knowledge pays the best interest.” For SMEs and entrepreneurs, this couldn’t be more relevant. In a rapidly changing business world, continuous learning is not just an option—it’s a necessity. Investing in skills, market research, and industry trends empowers business owners to innovate, adapt, and make informed decisions. Just like financial investments yield returns, acquiring knowledge fuels long-term success. The more you learn, the more you grow. What are you doing today to invest in your knowledge? #Entrepreneurship #SMEs #BusinessGrowth #LifelongLearning
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🌟 A Heartfelt Thank You to Absa & SACCI! 🌟 We extend our deepest gratitude to Absa Group and SACCI - Since 1914 for the incredible opportunity to have our CEO & MD, VANNIE PILLAY, speak at the Absa SACCI National MSME Summit in Soweto yesterday. It was an honor to contribute to the empowerment of entrepreneurs and SMEs in the townships, equipping them with the insights, strategies, and motivation needed to navigate business challenges and unlock growth opportunities. Together, we are building stronger, more resilient businesses and driving economic transformation where it matters most. #AbsaSACCIMSMESummit #Entrepreneurship #SMEGrowth #EmpoweringBusinesses
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Pitch Perfect: Mastering the Art of Business Proposals & Investor Readiness Are you ready to secure funding and impress investors? Join us for a hands-on session where we’ll guide you through the essentials of crafting a winning business proposal, delivering a powerful pitch, and positioning your business for funding success! What You’ll Learn: - How to structure a compelling business proposal that grabs attention - Mastering the art of pitching with confidence and clarity - Understanding what investors look for and how to position your business for funding - Practical strategies to increase your chances of securing financial support Whether you're seeking investment, applying for grants, or preparing to scale your business, this session will give you the skills and insights to stand out and secure the funding you need. Don’t miss this opportunity to perfect your pitch and take your business to the next level! Interested in perfecting your pitch, get in touch with us at info@oaktreepeople.co.za #PitchPerfect #InvestorReadiness #FundingSuccess #BusinessGrowth
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The South African township economy contributes over R600 billion to our GDP annually, yet many MSMEs struggle to reach their full potential. Challenges like limited financial management, poor strategic planning, and marketing MISALIGNMENT are some of the barriers that hold back businesses preventing them from holding the power to create jobs and drive real economic transformation. We are excited to partner with SACCI and Absa and be invited to speak at the Summit. At Oaktree People Solutions, we are committed to finding practical solutions to help MSMEs unlock growth, improve sustainability, and increase their economic impact. 📅 Date: Thursday, 28 March 📍 Location: Soweto What to Expect: - Vannie Pillay will be sharing expert insights on overcoming common business barriers—from improving financial management to aligning marketing strategies for success. - Thought-provoking discussions on how we can increase township GDP by supporting MSMEs with the right skills, tools, and networks. - A platform to connect, collaborate, and grow with like-minded entrepreneurs and industry leaders. Don't miss out on this game-changing event! Tag a fellow entrepreneur who needs to be there. See you in Soweto! 👊🏾🔥 Visit their website for more information - https://lnkd.in/dKu2t8QY #MSMESummit #TownshipEconomy #BusinessGrowth #Entrepreneurship #OaktreePeopleSolutions #Absa #SACCI
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Financial Fitness for Entrepreneurs: Manage Cash Flow & Grow with Confidence! Running a business isn’t just about passion—it’s about smart financial management. Poor cash flow is one of the biggest reasons small businesses struggle, but with the right tools and strategies, you can take control and build a financially strong, thriving business! Key Financial Fitness Tips: 📊 Budget wisely – Know where every rand is going! 📈 Track your finances – Stay on top of income & expenses. 💡 Make informed decisions – Plan for growth, not just survival. At Oaktree People Solutions, we’re committed to helping entrepreneurs like you gain financial confidence through expert-led programs like the Absa BSmart Step Up Program. Because when your finances are strong, your business is unstoppable! 💼 Ready to take charge of your financial future? Let’s build sustainable, successful businesses together! 💪🔥 #FinancialFitness #CashFlowManagement #EntrepreneurSuccess #BusinessGrowth #OaktreePeopleSolutions #Absa #BSmartStepUp
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The Significance of Human Rights Day in South Africa On March 21, 1960, South Africa witnessed the tragic Sharpeville Massacre, where peaceful protesters against the oppressive pass laws were met with brutal force, resulting in the deaths of 69 people. This dark chapter in our history became a turning point in the fight against apartheid and the struggle for human rights. Today, Human Rights Day serves as a powerful reminder of the sacrifices made for freedom, dignity, and equality. It is a day to reflect on our past, celebrate the progress we’ve made, and recommit to protecting the rights of all South Africans. At Oaktree People Solutions, we believe in empowering individuals and businesses to create inclusive, fair, and just workplaces. Let’s honor this day by standing up for human rights in every aspect of our lives. #HumanRightsDay #SharpevilleMassacre #EqualityForAll #OaktreePeopleSolutions #SouthAfrica
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Today, we commemorate Human Rights Day, a day to reflect on our shared history and reaffirm our commitment to justice, equality, and freedom for all. This day serves as a reminder of the sacrifices made in the pursuit of democracy and the importance of upholding human dignity in every aspect of our society. At Oaktree People Solutions, we believe that empowering businesses and individuals is key to fostering a society where everyone has the opportunity to thrive. Let’s continue working towards a future where human rights are not just celebrated but fully realized in our workplaces and communities. #HumanRightsDay #EqualityForAll #OaktreePeopleSolutions #SouthAfrica
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Oaktree People Solutions reposted this
Accessing Opportunities: How to Secure Funding & Business Support in South Africa Entrepreneurs and SMEs in South Africa have access to numerous funding opportunities and business support programs—yet many struggle to tap into these resources effectively. The key lies in understanding where to look and how to position your business for success. Here are some Practical Strategies for Securing Funding & Support - Government Grants & Incentives: South Africa offers a range of grant programs, such as: 📌 The SME Fund – designed to support high-growth businesses. 📌 SEFA (Small Enterprise Finance Agency) – funding for startups and small businesses. 📌 DTIC Incentives – grants for manufacturing, export, and industrial development. 💡 Tip: Ensure your business is compliant, has a solid business plan, and aligns with the specific funding mandate. - Investment & Venture Capital: 📌 Angel Investors & VC Firms – Many investors are looking for scalable and innovative businesses. 📌 Enterprise & Supplier Development (ESD) Programs – Large corporations invest in SMEs to strengthen their value chain. 💡 Tip: Investors want to see traction, so focus on building a strong value proposition, clear revenue streams, and market demand. - Partnerships & Incubators: 📌 Incubators & Accelerators – Programs like the Innovation Hub, TIA, and TASEZ’s coaching provide mentorship, funding, and market access. 📌 Corporate & Government Collaborations – Partnering with industry leaders can open doors to funding and business development support. 💡 Tip: Leverage networking opportunities at events like the Ignite SME Summit to connect with potential funders and partners. Position Your Business for Success! - Do your research – Understand eligibility and requirements. - Prepare a solid pitch – Whether for grants or investors, clarity and impact matter. - Network strategically – Engage with funders, mentors, and ecosystem enablers. Have you successfully secured funding or business support? Share your insights below! 👇 #FundingOpportunities #SMEGrowth #BusinessSupport #Entrepreneurship #SouthAfrica #IgniteSMESummit #OaktreePeopleSolutions
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" In South Africa, entrepreneurial potential is abundant, but access to funding remains a critical challenge that we must overcome for economic growth" Education and awareness is the starting point.
Accessing Opportunities: How to Secure Funding & Business Support in South Africa Entrepreneurs and SMEs in South Africa have access to numerous funding opportunities and business support programs—yet many struggle to tap into these resources effectively. The key lies in understanding where to look and how to position your business for success. Here are some Practical Strategies for Securing Funding & Support - Government Grants & Incentives: South Africa offers a range of grant programs, such as: 📌 The SME Fund – designed to support high-growth businesses. 📌 SEFA (Small Enterprise Finance Agency) – funding for startups and small businesses. 📌 DTIC Incentives – grants for manufacturing, export, and industrial development. 💡 Tip: Ensure your business is compliant, has a solid business plan, and aligns with the specific funding mandate. - Investment & Venture Capital: 📌 Angel Investors & VC Firms – Many investors are looking for scalable and innovative businesses. 📌 Enterprise & Supplier Development (ESD) Programs – Large corporations invest in SMEs to strengthen their value chain. 💡 Tip: Investors want to see traction, so focus on building a strong value proposition, clear revenue streams, and market demand. - Partnerships & Incubators: 📌 Incubators & Accelerators – Programs like the Innovation Hub, TIA, and TASEZ’s coaching provide mentorship, funding, and market access. 📌 Corporate & Government Collaborations – Partnering with industry leaders can open doors to funding and business development support. 💡 Tip: Leverage networking opportunities at events like the Ignite SME Summit to connect with potential funders and partners. Position Your Business for Success! - Do your research – Understand eligibility and requirements. - Prepare a solid pitch – Whether for grants or investors, clarity and impact matter. - Network strategically – Engage with funders, mentors, and ecosystem enablers. Have you successfully secured funding or business support? Share your insights below! 👇 #FundingOpportunities #SMEGrowth #BusinessSupport #Entrepreneurship #SouthAfrica #IgniteSMESummit #OaktreePeopleSolutions