Starving innovation

Despite the economy’s need to grow local SMEs, and the opportunity to meet National Development Plan goals, incentives for funding startups are drying up.

30 November 2021

After investing everything he had to pursue his dream to develop an online platform to help South Africans to access public services more easily, Eldrid Jordaan was down to his last savings, when an investor came to the rescue with $1 million.

Three years on, his business Govchat has handled over 530 million messages, helping over eight million citizens to access services such as social grants and report service faults.

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