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News & Press: Announcements

Call for Business Strategists/Turnaround Practitioners & Accountants

Tuesday, 30 June 2020  
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PROJECT TITLE 

The CDI Covid Relief Fund Technical Support Programme  

SERVICES REQUIRED PROPOSAL 

To provide technical support to SMMEs who are applying to the CDI Covid Relief Fund to protect and retain jobs as part of the CDI Capital Growth Fund project:   
www.cdicapital.co.za/growthfund 

 

DEADLINE 

Thursday 2 July 2020 by close of business (17h00). 

Enquiries and submission of proposals to: 

Ryan Rode 
ryan.rode@thecdi.org.za


The CDI Growth Fund is a five-year project (01 April 2017 – 31 March 2022) which through the provision of catalytic grant funding and mentorship to SMMEs aims to create 600 new permanent jobs. 

The project has recruited 22 SMMEs thus far and has created 197 new permanent jobs over a two-year period. The project was on track to ramp up job delivery during the remaining two years,; however this has been severely impacted by the onset of the Covid-19 pandemic which has put not just the new jobs but also existing jobs, and the businesses themselves, into survival mode.

To mitigate this impact, the CDI has developed a hybrid grant and soft loan facility to support the recovery and growth of the SMMEs in the Growth Fund to save and retain as many newly created and existing jobs as possible.       

To this end, the CDI is seeking to appoint one or more service providers to provide technical assistance to each SMME and advisory input to the Growth Fund Investment Committee (GFIC).

Technical assistance to SMMEs includes support with the development of a one-year recovery and growth action plan and a six-month income statement & cash flow projection as well as monthly reviews for a period of six months. Advisory input to the GFIC is to provide insight into these plans and assist decision making.


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