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Uprise.Africa

Updated
  • Raise early-stage capital
  • Large investor network
  • Post-fundraising support
Uprise.Africa homepage
Author Uprise.Africa. Screenshot of Uprise.Africa website.
[Accessed July 25, 2023]

About Uprise.Africa

Uprise Africa is a crowdfunding platform that provides South African businesses with an opportunity to raise capital from a community of investors.

Launched in 2017, Uprise Africa has quickly become a popular option for businesses looking for an alternative to traditional financing methods. The platform offers a simple and transparent way for businesses to raise funds, and for investors to invest in businesses they believe in.

Decentralising access to funding to grow the economy

Uprise Africa's goal is to democratize access to funding for South African businesses and to promote economic growth and development in the country.

Why is crowdfunding so important?

Crowdfunding has become an increasingly important source of financing for businesses in South Africa. With traditional lending institutions becoming more conservative in their lending practices, crowdfunding offers an alternative way for businesses to access capital.

In addition, crowdfunding allows businesses to engage directly with potential customers and investors, who can become brand advocates and provide valuable feedback on products and services.

Crowdfunding also helps to bridge the funding gap that exists for early-stage businesses, which often struggle to secure financing from traditional sources. Through crowdfunding, these businesses have a better chance of success and can contribute to the growth of the South African economy.

Some of their partners include:

  • Silicon Cape: a non-profit organization that supports the growth and development of the tech industry in the Western Cape of South Africa.
  • The Hookup Dinner: a networking platform that connects entrepreneurs and promotes collaboration and innovation in South Africa.
  • DLA Piper: a global law firm that provides legal advice and support to businesses.
  • Startupbootcamp Africa: a startup accelerator that provides mentorship, resources, and funding to startups across Africa.
  • The LaunchLab: a business incubator and accelerator that provides support and resources to startups and entrepreneurs in South Africa.
  • Western Cape Government: the government of the Western Cape province in South Africa, has partnered with Uprise Africa to promote crowdfunding as a financing option for businesses in the region.

Uprise.Africa Services

Uprise Africa offers a crowdfunding platform that allows businesses to raise capital from a community of investors.

They provide due diligence, escrow services, legal support, and campaign support to ensure that businesses have a successful crowdfunding campaign.

Additionally, they have an investor network, investor relations tools, and post-fundraising support to help businesses manage their relationships with investors and continue to grow after their campaign.

The potential benefits for business owners and entrepreneurs

  • Access to a large community of potential investors: Uprise Africa provides businesses with access to a community of investors who are interested in supporting South African businesses.
  • Alternative to traditional financing: Uprise Africa offers businesses an alternative to traditional financing methods, which can be difficult to obtain, particularly for early-stage businesses.
  • Opportunity to showcase products and services: Crowdfunding campaigns on Uprise Africa allow businesses to showcase their products and services to a large audience, generating interest and potential customers.
  • Marketing and branding opportunities: Crowdfunding campaigns can also serve as a marketing and branding opportunity for businesses, as they can generate buzz and excitement around a new product or service.
  • Control over fundraising: Uprise Africa allows businesses to have more control over their fundraising efforts, as they can set their own fundraising goals and timelines.
  • Lower transaction costs: Uprise Africa's transaction costs are lower than those of traditional financing methods, making it an affordable option for businesses.
  • Access to expert advice: Uprise Africa provides businesses with access to expert advice and support throughout the crowdfunding process, helping to increase their chances of success.
  • Increased transparency and accountability: Uprise Africa promotes transparency and accountability between businesses and investors, ensuring that investors are informed about the progress of the business.
  • Opportunity to build a community of supporters: Crowdfunding campaigns on Uprise Africa can help businesses build a community of supporters and advocates who are invested in the success of the business.
  • Contribution to economic growth: By using Uprise Africa, businesses can contribute to the growth and development of the South African economy by creating jobs and driving innovation.

Uprise.Africa – Crowdfunding

  • Loan Type Crowdfunding

Benefits of Uprise.Africa

  • Transparency: Provides a straightforward way for fundraising and investment.
  • Economic growth: Aims to boost the country's economy.
  • Offers an alternative to traditional financing and bridges funding gaps for early-stage businesses.
  • Key partners: Collaborates with organisations promoting crowdfunding.
  • Service package: Offers due diligence, escrow, legal, and campaign support.
  • Investor network: Access to an investor network, tools, and post-fundraising support.
  • Investor community: Access to potential investors.
  • Financing alternative: Especially beneficial for early-stage businesses.
  • Product showcase: Crowdfunding campaigns showcase products.
  • Marketing opportunity: Serves as a marketing and branding opportunity.
  • Fundraising control: Businesses set goals and timelines.
  • Lower costs: Transaction costs are more affordable.
  • Expert guidance: Offers expert advice and support.
  • Transparency: Promotes transparent business-investor relationships.
  • Community building: Helps create a community of supporters.
  • Economic contribution: Supports economic growth and job creation.

What kinds of businesses will Uprise Africa fund and why?

Uprise Africa offers crowdfunding opportunities to a wide variety of businesses, particularly those that have a positive impact on South Africa's economy and society.

They work with businesses in sectors such as technology, renewable energy, agriculture, education, and healthcare. However, any business that has a compelling vision, a strong team, and a viable business plan can apply to use its crowdfunding platform.

They’re particularly interested in supporting businesses that are innovative, socially responsible, and have the potential to make a significant impact on their communities.

By offering a range of services and expertise, Uprise Africa helps businesses to create successful crowdfunding campaigns and raise the capital they need to grow and thrive.

Will your business meet its crowdfunding requirements?

  1. South African Business: The business must be registered and operate in South Africa.
  2. Legal Structure: The business must have a legal structure that is recognized in South Africa, such as a company, partnership, or trust.
  3. Business Plan: The business must have a well-developed business plan that outlines its vision, mission, goals, and strategies for growth.
  4. Financial Statements: The business must have up-to-date financial statements that demonstrate its financial performance and prospects.
  5. Pitch Deck: The business must create a pitch deck that clearly communicates its value proposition, market opportunity, team, and financials.
  6. Campaign Target: The business must set a realistic crowdfunding target that is achievable and will allow it to achieve its growth goals.
  7. Due Diligence: The business must undergo due diligence by Uprise Africa to ensure that it meets its criteria for fundraising.
  8. Compliance: The business must comply with all relevant laws and regulations related to crowdfunding and securities in South Africa.

Here’s why you need to know before you apply for crowdfunding on Uprise Africa

  • Crowdfunding is not a guaranteed source of funding: While crowdfunding can be an effective way to raise capital, it is not a guaranteed source of funding. Businesses should have a backup plan in case their crowdfunding campaign does not meet its target.
  • Campaign Preparation: Crowdfunding campaigns require a significant amount of preparation, including creating a compelling pitch, building a strong network of supporters, and developing a marketing strategy.
  • Time and Resources: Crowdfunding campaigns can be time-consuming and require a significant investment of resources, including money, time, and personnel.
  • Investor Relations: Crowdfunding campaigns involve building relationships with investors, which requires ongoing communication, transparency, and engagement.
  • Compliance: Crowdfunding campaigns must comply with all relevant laws and regulations related to crowdfunding and securities in South Africa.
  • Financial Management: Crowdfunding campaigns involve managing funds and allocating resources effectively. Businesses should have a solid financial plan in place to manage the capital raised through crowdfunding.

Documents required to apply

  • Business Plan: A well-developed business plan that outlines the business's vision, mission, goals, and strategies for growth.
  • Financial Statements: Up-to-date financial statements that demonstrate the business's financial performance and prospects.
  • Pitch Deck: A pitch deck that clearly communicates the business's value proposition, market opportunity, team, and financials.
  • Compliance Documentation: Documentation demonstrating the business's compliance with all relevant laws and regulations related to crowdfunding and securities in South Africa.
  • Due Diligence Information: Information that supports the business's due diligence review, which is conducted by Uprise Africa to ensure that it meets their criteria for fundraising.
  • Incorporation Documents: The business's incorporation documents, such as its registration certificate, Memorandum of Incorporation, and any other relevant legal documents.
  • Marketing Materials: Any marketing materials or assets that the business plans to use to promote its crowdfunding campaign, such as videos, images, or social media content.

Uprise.Africa Contact

Physical Address

  • 12th Floor, The Forum, 2 Maude Street Sandton Johannesburg Gauteng 2196 South Africa
  • Get Directions

Opening Hours

  • Monday 09:00 – 17:00
  • Tuesday 09:00 – 17:00
  • Wednesday 09:00 – 17:00
  • Thursday 09:00 – 17:00
  • Friday 09:00 – 17:00
  • Saturday – Closed
  • Sunday – Closed