MIC Khulisani Ventures
MIC Khulisani Ventures is R150 million early-stage investment vehicle targeting black-owned innovative, high growth businesses in South Africa.
MIC Khulisani Ventures is our flagship initiative aimed at creating sustainable social change. Through Khulisani we invest in promising cash generative businesses in a variety of sectors. These businesses provide innovative products or services that disrupt traditional markets, improve efficiencies or respond to existing problems in South Africa.
Investees are funded between R15 million to R30 million in order to spur growth and expansion in South Africa and beyond.
The venture addresses the significant gap in post-revenue investment for businesses that are not plugged into the dominant streams of venture capital networks.
Many black-owned investment-ready ventures are business ideas that can shift industries and society but simply do not take off due to lack of support and funding. This gap in support is even more pronounced for black women-owned and led start-ups.
The ultimate goal of MIC Khulisani Ventures is to accelerate the growth of black entrepreneurs.
Projects
MIC Khulisani Ventures is a R150 million early-stage investment vehicle targeting black-owned innovative, high growth businesses in South Africa.