Small businesses flying with support from Mandela University

Nelson Mandela University’s finance division allocated R2.7 million to support student and community small business development through its Mandela University Africa Hub and the Centre for Entrepreneurship Rapid Incubator (CfERI) in December 2024.

This funding was divided into 27 grants of R100,000, aimed at assisting local entrepreneurs in advancing their small businesses. The recipients of these grants included 85% students and 15% community-based entrepreneurs, all of whom have established and currently run small businesses.