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R100 Million in Capital for SMEs to Get South Africa Working

R100 Million in Capital for SMEs to Get South Africa Working

Johannesburg, 1 June 2020 – Today, ProfitShare Partners, in partnership with award-winning local community radio station Hot 91.9 FM  and the all-new getlion’ mobile app launches an exciting year-long initiative designed to get small businesses working and creating jobs. The all-new ‘getlion’ mobile app is designed to support SMEs in managing and growing their businesses, and ProfitShare Partners, the disruptive Fintech provider, will invest R100 million in capital to support SMEs to deliver on their contracts this year. The sweetener is a prize of R1 million for the small business that has created the most net jobs during the period of the campaign from 1 June 2020 to 31 May 2021.

The Get South Africa Working campaign is an initiative that was introduced by ProfitShare Partners’ founder and CEO, Andrew Maren to help small and medium sized businesses create jobs and to keep them going, and this has become even more relevant now during these challenging times.

“This is an initiative to help boost our economy by accelerating SME business growth and development. With our high unemployment rate and the steep rise in job losses over the past few months, we want to encourage entrepreneurship and assist small business owners in need of capital to start or get going. Unfortunately, many of these businesses do not have the financials, security or track record and are turned away by the banks. How do you develop this track record or get a set of financials if you cannot access capital? Our model is to provide this capital to get them going so they can get a track record, cash in the bank and ultimately, financials so that they can graduate to getting capital from traditional funders such as banks,” says Maren.

 SMEs and entrepreneurs have the power to change the status quo, especially in challenging times. Starting today, 1 June 2020, the Get South Africa Working initiative will be providing up to R10 million in capital to SMEs per month to grow by partnering with them on their contracts or valid purchase orders that they have or are trying to get with large corporates and certain Government Departments.

 To enter, SMEs and entrepreneurs must download the ‘getlion’ mobile app, available for iOS and Android devices, to track their business performance and apply for capital support via the ProfitShare Partners website. Full details are also available on the Get SA Working website.

“The getlion app is a purpose-built platform of services, tools and resources from various industry-leading companies, all in the interest of helping small businesses grow. Through the app, business owners will be able to access the tools to make running business easier, from accounting to online sales. As the virtual partner of the Get SA Working initiative, we’re excited to contribute to small business growth and job creation through our platform,” says Mathew Marsden, Co-founder of getlion.

In the final month of this initiative, ProfitShare Partners will give a R1 million cash prize to the small business that has created the most net jobs in the period.

“The net jobs that we refer to here are permanent jobs created by the entrepreneur or small business, starting today until the end of May 2021. All information supplied will be audited and verified using our technology and reporting processes because ultimately, our aim is to assist our country in alleviating poverty by helping to create jobs and mobilise the development of SMEs,” adds Maren.

Powering this initiative as the official media partner of the Get SA Working initiative, multi award-winning, local community radio station, Hot 91.9 FM, is the proud broadcasting partner and will be running all of the latest news and announcements for the campaign.

“Hot 91.9 FM prides itself on uplifting our communities, and what better way to do that than to partner with such a powerful campaign to create much-needed jobs. We are deeply passionate about the development and survival of small businesses and that is why we are a proud partner in this ProfitShare Partners campaign”, says Lloyd Madurai, Managing Director of Hot 91.9 FM.

To top it off, together with Hot 91.9 FM, ProfitShare Partners will be giving away R10,000 in vouchers every month to help existing and would-be business owners and SMEs to start up or keep going. To enter, download the getlion mobile app, send what your business would do with R10,000 to the Hot 91.9 FM WhatsApp line 084 2212 919 and listen to Hot 91.9 FM daily for more.

Visit getsaworking.co.za for more information.

Hot Cares assists Wings of Inspiration Elderly Care Centre

Hot Cares assists Wings of Inspiration Elderly Care Centre

Hot Cares recently contacted Wings of Inspiration Elderly Care Centre for assistance with one of our listeners who needed help rehoming a 72-year gentleman she had given a place to stay over the last few years. He has no family, struggles to survive off his SASSA pension and she was concerned as she is planning to emigrate soon. Thankfully, Wings of Inspiration Elderly Care Centre has welcomed him with open arms.
However, while we were making arrangements with the care centre, we discovered that the home is in desperate need of bedding and groceries.

Hot Cares has a history with the centre and decided we needed to assist urgently. In 2018 and 2019 we assisted Wings of Inspiration, formerly known as Have a Heart, by replacing all the windows in the building, and by providing 24 new beds, mattresses, and pillows for the residents. Unfortunately, the previous owner fell ill and the centre’s condition took a knock. Luckily, Kirsten and her sister Anthea have taken over the centre and have made Wings of Inspiration Elderly Care Centre feel like home.

Currently, the home has 19 elderly residents – 2 of which are wheelchair bound and soon, Wings of Inspiration will house 26 residents- most of which have fallen on hard times and do not have any family to support them.
Hot Cares has decided to purchase bedding and groceries to the value of R10 000, ensuring the residents are kept warm during these cold nights and have nutritious meals. We have also purchased an infrared thermometer which the centre has received.

In a South African radio FIRST –  Hot 91.9 FM Locks ‘n Loads its airtime

In a South African radio FIRST – Hot 91.9 FM Locks ‘n Loads its airtime

Johannesburg, 20 May 2020 – In a daringly innovative move, Managing Director of the award-winning Hot 91.9FM, Lloyd Madurai, today announced the launch of Hot 91.9FM’s new online buying platform Lock ‘n Load.

Lock ‘n Load is a package that has been tailormade for the exclusive benefit of small businesses that have reopened or are reopening as the lockdown eases and need their brand to be top of mind now.

This is a real time buying platform that puts the buying power of radio in the hands of small business owners at a price point within their reach.

After following a simple process, the advert will be on radio within two hours, immediately giving small businesses the exposure they need. The Process is Simple:
1. Go to www.hot919.co.za and click on the Lock ‘n Load Hot Deal
2. Select the timeslot and the number of spots you would like to purchase across the day or week, add to your cart and check out.
3. Complete the simple buying detail form and tell us about your business.
4. Within 20 minutes of your payment being processed, you will be contacted by a Hot 91.9FM representative to assist you with your script and within two hours your 20 second read will be ready to go live on-air.

Madurai concludes, “Hot 91.9FM is deeply passionate about the development and survival of SME`s, particularly those that are community based as we believe that they are the engine room that drives our economy and as a proud partner to the NSBC (National Small Business Chamber) we are offering their members a further 10% discount on “Lock ‘n Load”.

Hot 91.9 FM announces launch of “Beyond The Curve”

Hot 91.9 FM announces launch of “Beyond The Curve”

Hot 91.9 FM announced today the launch of “Beyond The Curve” in conjunction with Media Rocket, NSBC, and Everlytic. “Beyond The Curve” is a movement inspired by the incredible resilience of South Africa’s people and created to connect South African business and restart the economy. The movement aims to connect businesses that are in a position to help, with businesses in need of help during the South African National Lockdown and the COVID-19 worldwide pandemic.

South Africans have amazing resilience in the face of adversity, and this time will be no different. “Beyond The Curve” is aimed at ensuring that there are functioning businesses to come back to once we have gotten through this period together.

“Beyond the Curve” is a pioneering movement that offers South African businesses free support, tools, and resources. The “Beyond the Curve” website also offers a platform to browse resource articles, webinars, and podcasts that discuss topics and provide tools for businesses to take the initiative and do their part to help business recovery in South Africa. The website also suggests free courses that the public can use to upskill themselves. These courses include Google Analytics, programming, game development, and app development for you to use this time effectively to develop skills for either your current job or your “side hustle” so that you can beat the curve.

Hot 91.9FM believes that South Africa is stronger when we stand together and are incredibly proud to be a partner with “Beyond the Curve” .

If your business is in a position to help another business with a discounted or free service, or if your business needs help, register on www.beyondthecurve.co.za to join the movement or to find free business tools and resources to help you keep your business going.

Beyond the Curve

Beyond the Curve

South Africa has proven, time and again, that we are stronger together.

Inspired by our country’s united spirit, Hot 91.9FM has partnered with Beyond the Curve. This pioneering movement aims to bring South African business together with the shared goal of restarting and stimulating the economy.

Join the movement.

If your business is in a position to help another business with a discounted or free service, or if your business needs help, register on beyondthecurve.co.za. You’ll also find free business tools and resources to help you keep your business going.