In South Africa we have a toxic combination of systemic inequality, anaemic economic growth and civil unrest that has created our own perfect storm. Of the total population:
LEAD Impact Capital believes that private sector social enterprises hold the greatest potential for unlocking long term, sustainable solutions to the above systemic inequalities.
COVID-19 has exacerbated existing systemic inequalities, potentially pushing an additional half a billion people into poverty and regressing global development by more than 3 decades..
This, together with the catastrophic failure in South Africa of the public sector and civil society to provide for the most basic needs of low-income communities creates an urgent need for crafting solutions to this crisis.
LEAD in partnership with Impact Amplifier (IA) offers a cohesive solution to investors and SMEs that addresses this crisis. It follows an integrated fund and accelerator approach to scaling early stage, innovative and commercially viable social impact ventures in South Africa. Alongside business development services, it provides affordable loan capital, that is sufficiently risk tolerant to post revenue early-stage social enterprises, seeking between R1m – R10m.
This new fund management model draws on the decade long experience in impact investing of LEAD and the more than three decades of collective experience in social enterprise acceleration of Impact Amplifier.