R300 million seed fund launched to support SA tech startups

In a bid to strengthen South Africa's startup technology sector, the SA Small Medium Enterprise Fund, in collaboration with the Department of Science and Innovation, has launched a R300m Seed Fund.

This initiative aims to provide vital early-stage capital to startups, with the goal of funding at least 50 technology-driven ventures through experienced fund managers. #eNCA #DStv403 #questionthinkact

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South Africa has a very special gift of making currency dissappear into thin air. Let's hope for the best.