Siza Enterprise Development Fund - Putting you in touch with your BEE partners
   

OPERATIONAL STRUCTURE AND PROCESSES
 
The fund operates as follows:
  • The Advisory Board is responsible and accountable for all the funds that are managed by the Fund.
  • The Advisory Board is ultimately the body that approves all the funding opportunities.
  • This follows the initial screening and presentation of all opportunities, to ensure that they meet the mandated requirements, have been appropriately investigated, include all the relevant information, and have a professional business support strategy and plan
  • Investments are be managed on a regular basis in line with the Advisory Boards Approved Business Support Plan and are subject to review on a quarterly basis by the Advisory Board.
  • 85% of the contributed funds are invested in SMMEs with a maximum of 15% being made available for the operations of the fund in line with the BEE Codes.
 
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