Application: SMME Acceleration
As part of Microsoft South Africa’s Broad-Based Black Economic Empowerment initiative, the company is launching its third Equity Equivalent Investment Programme (EEIP) to support the growth of black-owned and black women-owned SMMEs, stimulate job creation, and prepare South Africa for the future of AI. Over the next decade, the programme aims to empower nearly 250 SMMEs and startups by providing them with essential digital tools and skills for growth.
Additionally, it seeks to equip around 50,000 TVET college students with relevant digital skills and tools, and to train over 2,000 young individuals in advanced AI skills crucial for employability. Furthermore, Microsoft South Africa’s EEIP will support up to 20 advanced research and development projects that address the nation’s current and future policy needs in critical areas such as Cyber Security and AI.
The Non-Technology Acceleration initiative focuses on investing in Black South African owned businesses that are not primarily technology-based but utilise technology in their daily operations. This includes Black Industrialists in Manufacturing, Agri businesses and any other business aiming to harness digital transformation to enhance their business impact.
We invite businesses who feel they can accelerate their growth through Digital Transformation to apply to be considered as candidates for this Initiative. Please fill in the form below to register your interest.