Accelerator Unzipped 13: Funding Strategies

As you know, we’re all about enabling fashion entrepreneurs with the knowledge to scale their business to International heights. However, if they’re planning to enter a new market, invest in workforce skills training or innovate, they will more than likely need growth capital. A fund entirely dedicated to business development. That’s why this week was all about Funding Strategies and understanding how to raise capital.

We dove straight in with #threadsbySB co-founder Tania Habimana, who demonstrated the 101 of crowdfunding for fashion entrepreneurs. The discussion went from why her previous campaigns failed, the top lessons she’s learnt to equity & reward-based crowdfunding basics. Debt vs. Equity was explained with Standard Bank Analyst & Credit Risk Officer Binky Morewa. When it came to engaging with Angel Investors and Venture Capitalists, AngelHub Ventures (SA) Lead Partner & VC Brett Commaille took the lead. As he revealed the ‘do’s and don’t’ when engaging with potential investors.

Last but not least, Debt Financing was unpacked thanks to Spartan SME Finance CEO, Kumaran Padayachee as he discussed the 3 F’s of funding, credit interviews, cash flow and more.

That’s it for this week. Stay tuned to learn more insights with The Business of Fashion Accelerator Program, Threads Stitched by Standard Bank and driven by Mercedes-Benz South Africa.

Threads Team

We believe in change. We believe in leaving a lasting impact. That's why threads mission is to empower the next of South African fashion entrepreneurs by providing them with the tools, resources, and networks to run a sustainable business operation and thrive internationally.