This discussion paper attempts to establish a business case for growing the VC industry in South Africa, by outlining the critical role of the VC industry in the economy and highlighting the returns potential, albeit at significant risk, to investors.
The SAVCA Venture Capital Sub-Committee has released it Venture Capital development discussion paper. This discussion paper attempts to establish a business case for growing the VC industry in South Africa, by outlining the critical role of the VC industry in the economy and highlighting the returns potential, albeit at significant risk, to investors. It lists some of the challenges faced by a pre-emergent VC industry in South Africa. The document’s purpose is to elicit debate and define a response in respect of steps that can and must be taken to nurture this asset class, in order for creative destruction to lead to a sustainably vibrant, growing economy.
SAVCA will host two workshops (Johannesburg and Cape Town) to discuss the document’s content, recommendations and questions (which we feel require debate).
A copy of the VC development discussion paper can be obtained from the SAVCA Office
Author : SAVCA Office
www.savca.co.za
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