In developed nations, the SME sector contributes around 90% to employment, while in SA it sits around 50%. Endeavor, a non-profit organisation dedicated to high-impact entrepreneurship, knows just what SA businesses need to really take off.
In this podcast
Host: Fred Roed, CEO of Heavy Chef, an entrepreneur education platform
Catherine Townshend – Former MD of Endeavor, a leader in accelerating high-impact businesses
“There are 26 companies in the Endeavor portfolio right now. These currently employ about 7 500 people, and because of their growth, in the next year we anticipate they’re going to employ another 1 500 people. Just 26 businesses – which is quite extraordinary in an environment which is under so much pressure economically. On average, the SME sector is growing at a rate of between 12% and 14%, year on year. Endeavor portfolio companies are growing at 35% year on year.”
Get help in building a stronger business and managing your risks
Discovery Business Insurance looks at business holistically and offers much more than insurance for physical risks. We’ve partnered with Endeavor South Africa, a leader in accelerating high-impact businesses, to offer customised services that’ll help take you to the next level of your business evolution. Learn more here.
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