Thursday, 16 April 2020 07:53

W Cape launches tool for businesses to find funding

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The Western Cape Government, City of Cape Town and Wesgro have jointly launched a fund location tool for businesses, called the COVID-19 Support Finder.

A statement from Wesgro says the tool asks the user five easy questions, ranks the answers against pre-determined criteria as stipulated by the various relief measures, and provides a list of relief measures the business may be applicable for.  It is available on Wesgro’s  COVID-19 Content Centre.

The site was launched prior to lockdown to serve as a dedicated online portal to the latest government regulations and stories of business innovation and best practice. 

 “The COVID-19 Support Finder is one of many ways that we’re helping businesses access some of the financial relief by making the range of both government and private-sector funds available through an easy-to-use online tool,” said Minister of Finance and Economic Opportunities, David Maynier.

Mayoral Committee Member for Economic Opportunities and Asset Management within the City of Cape Town, James Vos, added: “One of the biggest challenges we face currently is a lack of clarity on where to go to get help. The launch of the Support Finder is therefore very exciting and provides business with access to the information they need, fast.”

“Together with our government partners, we will constantly keep the tool up to date to help companies adapt in this time of crisis,” added Wesgro CEO, Tim Harris.

Source: TU

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