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MULTICHOICE INNOVATION FUND GIVES INNOVATORS A BREAK
What does an online delivery service, a payment solutions provider, an online publication and a film and television production company have in common? Young and passionate entrepreneurs funded by the MultiChoice Group Innovation Fund.
This support was crucial during the past year’s COVID-related challenges. The Fund provided much-needed financial support to the eight beneficiaries, all black majority-owned small businesses, which helped them to create 47 new jobs.
Here are the eight companies that have been added to the growing list of MultiChoice Innovation Fund beneficiaries.
Bubblegum Club: Born as a cultural intelligence agency, it has grown into a digital publication and a content production studio.
Duma Collective: A 100% black female owned creative communications agency.
Mzansi Live: A Pan African independent multimedia management company, who developed Mzansi2Cario, a broadcast media marketplace
Swypa Deliveries uses door-to-door scooters to deliver goods and services for township-based businesses for orders placed through their app
The Plug: 100% independently black woman owned online publication focusing on all aspects of urban culture
The Throne: A 100% black woman-owned boutique agency specialising in influencer marketing, social media strategy, talent management and the home of The Throne Magazine
Whoosh Innovations: A 100% Black, Youth-Owned payment solutions provider based in Tshwane
Yellowbone Entertainment: a film and television production company, focusing on bringing authentic black South African content to international markets
“Partnering with the MultiChoice Innovation Fund has helped us to step up our dreams. We were able to respond to market developments a lot quicker – and were even able to employ additional staff. In these tough times, that’s saying something,” said Founder of The Throne publication, Caron Williams.
The past year also saw an explosion in demand for online content. The Fund responded by focusing on empowering
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AN INTIMATE NIGHT WITH VUSI NOVA