The National Small Business Chamber’s (NSBC) annual South African Small Business Awards is known as a “springboard to enhanced business success” for putting small business owners and entrepreneurs in the spotlight; and celebrating the most successful of these while bringing recognition to all entrants.

This year, ProfitShare Partners – the Fintech company that is disrupting the SME funding landscape in South Africa – is thrilled to be a sponsor of the event, which will culminate in a memorable awards evening on 17 November 2022.

In 2019, ProfitShare Partners itself won this prestigious award. Says Andrew Maren, founder and CEO of ProfitShare Partners and serial entrepreneur himself: “We’ve long admired the work the NSBC does in the sector, especially in giving small to medium size businesses the opportunity of being part of its impressive 156 000-strong networks.”

“Like the NSBC, ProfitShare Partners recognises the vital impact small businesses have on the South African economy at every level and we feel it is important for organisations like ourselves to show up for NSBC members with solutions to sourcing capital to build and grow small businesses in our country.”

Commitment to small business

The NSBC is Africa’s leading SME organisation and the fastest growing organisation of its kind in the world, committed to helping business owners and entrepreneurs become tomorrow’s business legends.

The organisation provides an array of robust benefits for its members and is dedicated to being their voice and support, to ensure that their business thrives.

Because PSP’s business model doesn’t require financials, security or even a track record, SMEs with a signed order from a corporate for their products or services can apply online for assistance and get a response within days.

“We understand what it takes to start and run a successful business, and we’ve worked with hundreds of SMEs and can now boast a zero per cent performance failure rate and speedy access to capital via our fully digital online process,” Maren says.

“Scores of our clients have achieved a 1000% increase in turnover within a 12-month period,” he notes, adding that PSP’s focus is mainly on clients in the corporate supply chain of large companies or government entities.”

Andrew Maren

ProfitShare Partners looks forward to being a part of the South African Small Business Awards and getting to know the entrepreneurs and business owners making a difference to the economy.

Entries are open now and close on 30 September 2022. “We hope many of the businesses we’ve dealt with will enter and we’d like to meet many of those we don’t yet know,” Maren says. “Regardless of whether you take the first prize or not, just doing what you do for a living makes you a winner.”