MultiChoice Innovation Fund
Funding and support
Funding, mentorship and skills development
MIF provides funding as well as mentorship and skills development for start-ups and established SMMEs.
Since inception, MIF has invested in over 69 black-owned businesses to the value of well over R405 million in grants and loans, reinforcing MultiChoice's commitment to uplifting and investing in South Africa and the communities it operates in.
Who MIF supports
Empowering South African entrepreneurs
MIF seeks to empower South African entrepreneurs operating businesses based in the country.
Businesses must have:
- An annual turnover threshold of up to R50 million
- At least 51% black ownership
What MIF looks for
Building businesses that make an impact
- In line with the objectives of enterprise development, the solutions must have the potential to: Create jobs
- Create positive community impact
- Be supported by a viable business model
Post-Investment Programme
Supporting entrepreneurs beyond funding
Successful MIF beneficiaries are enrolled into a Post-Investment Programme that focuses on assisting the entrepreneurs to realise their business objectives..
The programme supports entrepreneurs to:
- Comply with all key regulations and laws
- Practise good governance
- Develop robust sales and marketing strategies
- Ultimately graduate as successful independent businesses that can compete within the market
Our Beneficiaries
Supporting start-ups and entrepreneurs to bring their ideas to life.
View Our Beneficiaries
