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	<title>Design News &#187; CDI Capital</title>
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		<title>Help is on the way for growing small businesses, thanks to CDI Capital Growth Fund’s aim of creating 600 new jobs by 2023</title>
		<link>https://designnews.co.za/help-is-on-the-way-for-growing-small-businesses-thanks-to-cdi-capital-growth-funds-aim-of-creating-600-new-jobs-by-2023/</link>
		<comments>https://designnews.co.za/help-is-on-the-way-for-growing-small-businesses-thanks-to-cdi-capital-growth-funds-aim-of-creating-600-new-jobs-by-2023/#comments</comments>
		<pubDate>Wed, 25 Aug 2021 15:35:08 +0000</pubDate>
		<dc:creator><![CDATA[Design News]]></dc:creator>
				<category><![CDATA[General]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[cdi]]></category>
		<category><![CDATA[CDI Capital]]></category>
		<category><![CDATA[Craft + Design Institute]]></category>
		<category><![CDATA[SMME]]></category>

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		<description><![CDATA[Despite the impact of the Coronavirus pandemic and other shocks to our economy, there are green shoots of growth in some sectors &#8211; this includes, for example, small businesses who have focussed on ecommerce and digital services. Capitalising on and funding this growth potential will be key to rebuilding the local economy. With this in mind, the CDI Capital Growth Fund has opened for grant funding applications. Small businesses that are experiencing growth or are poised for expansion in any sector and can create jobs are encouraged to apply. CDI Capital is a niche emerging impact funder, and subsidiary of the Craft + Design Institute (CDI) non-profit, which has a 20-year track record of success in supporting small businesses in South Africa. As an impact funder, CDI Capital is committed to creating positive social and economic impact in the SMME sector and the South African economy. From 2012 -2015, CDI Capital Growth Fund created 464 jobs in 45 businesses with participating businesses growing their combined annual revenue by 73% – exceeding the fund’s initial targets. The current round of funding, supported by the National Treasury’s Jobs Fund, aims to support up to 60 businesses to create 600 new jobs by 31 [...]]]></description>
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