Catalyst for Growth’s work has been featured in local, national, and international press, including 4 Traders, Business Day, Engineering News Online, Finweek & FIN24, Incubation Gateway, MENA FM.com, Moneyweb, MSEME News Network, Stay Tuned Africa, Silobreaker.com, and World News.com. If you are a member of the media looking to cover Catalyst for Growth, please get in touch with us by emailing firstname.lastname@example.org.
August 11: Catalyst for Growth – Pilot Final Report
The final report on Catalyst for Growth’s pilot phase has been released. The results have met and exceeded our expectations and bode extremely well for the Beta phase and eventual national launch of this programme. Download a copy of this report for free by clicking on the link below.
July 08: The Big Small Business Show: Part 3 (Business Day TV)
“Rafia Qureshi from J.P. Morgan and James Mwangi from Dalberg, shares the final results of the SME Catalyst for Growth Programme.”
Video available on the Business Day TV website
June 26: SMEs – Pressure to get going (Financial Mail)
“LARGE corporates are under increasing pressure to find ways to incorporate fledgling businesses into their supply chains as a way to grow the small and medium enterprise (SME) sector.
The pressure will intensify this year as companies prepare to implement the revisions to the broad-based black economic empowerment codes, which place more emphasis on supplier support and enterprise development…”
Full article available on the Financial Mail website
June 13: JPMorgan applauds success of SME pilot programme in SA (Business Report)
“JPMorgan announced this week that its two-year pilot programme for South African small and medium enterprises (SMEs) had achieved its objectives.
The programme, which asserts that SMEs are the key drivers of growth for South Africa’s economy, found that greater emphasis and investment was needed to develop entrepreneurs by providing training and other business development services (BDS)…”
June 13: Business Day TV
November: The Big Small Business Show: Part 3 (The Big Small Business Show, T.V. appearance)
Board of Directors members Rafia Qureshi and James Mwangi discuss C4G with the Big Small Business Show on South African television:
November 19: MICROCAPITAL BRIEF: JP Morgan Chase “Catalyst for Growth” Reports Improved Performance of Small and Medium-Sized Enterprises (SMEs) in South Africa (MicroCapital.org)
“JP Morgan Chase, a US-based investment and banking firm, recently announced that the 20 small and medium-sized enterprises (SMEs) that are participating in its two-year pilot programme Catalyst for Growth (C4G), have reported increases of: 43 percent in overall average revenue; 19 percent in permanent employees; and 13 percent in accessing capital for their businesses…”
October 18`: JPMorgan SME project to boost employment (Business Day Live)
“Leading financial institution JPMorgan, through the JP Morgan Chase Foundation, says well-structured incubators — or business development support services — can help small businesses grow their revenue and employ more people…”
October: Pilot programme for South African Small and Medium Enterprises reports strong progress in year one (J.P. Morgan)
“Johannesburg — J.P. Morgan announced today that Cadiz Asset Management (through their Protected High Impact Fund), GroFin and Imprint Capital have become the first investment partners in the firm’s SME Catalyst for Growth Programme (C4G Programme). These C4G Programme investment partners will not only have access to a pipeline of high-performing SMEs that are currently seeking finance, but will have information for investment already collated and verified directly by the business development support (BDS) providers, thereby limiting transaction costs. Additionally, the C4G Programme will develop and launch an independent rating platform to help bring accountability and transparency to the South African BDS market…”
October 21: SMEs to benefit from Cadiz, JP Morgan partnership (Moneyweb)
Cadiz Asset Management is one of three investment agents to put their money behind JP Morgan’s South African development programme for small and medium enterprises. The programme has seen an overall average increase of 43% in revenue of participating SME’s and a 19% increase in permanent employees over the first year.
Full article available on the Moneyweb website
October 17: J.P. Morgan’s Rafia Qureshi discusses Catalyst for Growth on Classic FM Radio’s Classic Business Show
Download the podcast here
October 17: J.P. Morgan’s Pilot Programme for Small and Medium Enterprises Reports Strong Progress in One Year (United Nations Development Programme)
J.P. Morgan announced today that Cadiz Asset Management (through their Protected High Impact Fund), Grofin and Imprint Capital have become the first investment partners in the firm’s SME Catalyst for Growth Programme (C4G Programme). These C4G Programme investment partners will not only have access to a pipeline of high-performing SMEs that are currently seeking finance, but will have information for investment already collated and verified directly by the business development support (BDS) providers. This will reduce the amount of due diligence required before investment, which limits transaction costs.
March: J.P. Morgan SME Catalyst for Growth Program launches in Johannesburg (J.P. Morgan)
“J.P. Morgan is helping to address the high level of unemployment and low economic growth rate in South Africa through a new philanthropic program focused on entrepreneurship.
The firm kicked off the SME Catalyst for Growth Program, a new initiative focused on stimulating entrepreneurship through the development of small businesses in South Africa. The project is in collaboration with three leading organizations working in the entrepreneurship space: Dalberg Global Development Advisors, Aurik Business Incubator and Raizcorp…”
February: Catalyzing SME Growth in South Africa (Dalberg)
“The Small and Medium Enterprise (SME) sector in South Africa provides an estimated 11.6 million employment opportunities. Excluding the small business owners themselves, this means six million jobs, mostly in companies that employ either less than five people or more than 300…”