ProfitShare Partners was proud to participate in this year’s Smart Procurement World Indaba 2019. We presented yet another successful run of our ‘Win up to R1 Million in Capital Support’ competition and announced our winner – Rotokgolo Projects and Construction CC – at the event.

ProfitShare Partners launched another exciting prize for SMMEs ahead of Smart Procurement World Indaba held at Gallagher Convention Centre in Midrand. The FinTech business exhibited at the event on both 17 and 18 September 2019, where the team connected with SMME business owners on how the competition worked and shared valuable advice and information on how ProfitShare Partners supports small and medium businesses through short-term capital support solutions.

As part of its contribution to unlocking the market for SME businesses, ProfitShare Partners’ aim is grow small businesses to the point where they no longer need its short-term capital support as a result of the progressive growth they are able to achieve in short periods of time.

“We want to create more awareness for SMEs to see that there are alternative and accessible ways to fund an order or short-term project. Our business model is designed to create high impact growth for our clients and to give them more options in the market to realise their potential,” Andrew Maren, CEO and founder of ProfitShare Partners, told Bunny Majaja on Hot919FM’s Business with Bunny feature recently.

The competition drew interest from dozens of applicants. ProfitShare Partners FinTech system ably handled all of the entries within minutes of receiving them, demonstrating the efficiency of its business model.

“Congratulations to Rotokgolo Projects and Construction, the winner of our capital support competition at presented at Smart Procurement World Indaba 2019. We look forward to supporting this winning business through our capital facilitation and business support,” Maren said.

Our CEO and founder, Andrew Maren, was also invited to contribute to the panel discussion with Dionne Kerr, CEO of Siyakha Consulting under the topic: Reducing the SMME Mortality Rate in South Africa. Panellists shared valuable insights on how corporates and SMEs can contribute to enabling sustainability for small businesses. 

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