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Thread: "Start your business with free capital"

  1. #1
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    "Start your business with free capital"

    This is a so-called gift from the Prestige Bulletin mentioned in another thread.

    The claim made is that anyone (all races) can get capital from the government for free. How to go about doing it will be made known when one subscribes to their Prestige Bulletin. One could get up to R1,5m with no pay back.

    Any one on the forum with experience about this
    Faan Kruger
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  2. #2
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    I have worked with quite a few agencies that provides funds for start-ups, and I have never come across an offer like this. Unless they are referring to DTI? That is open to everyone I guess, or at least they do not discriminate against racial groups in theory. I am not an expert on the support that DTI gives so I cant say whether it is free or not.

    Khula is another agency that gives support to all racial groups (I have personally helped white people get assistance from them) but they are not free, or cheap for that matter.

  3. #3
    Site Caretaker Dave A's Avatar
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    I vaguely recall a pretty hefty employment creation grant from the DTI - via a DTI agency, I think.

    Quote Originally Posted by Faan View Post
    One could get up to R1,5m with no pay back.
    Not sure whether to point to some of the examples where that's been happening anyway, regardless of the contract or source of the funds, and on a much larger scale

    How about ripping off the Land Bank, or trade union pension funds.
    The trouble with opportunity is it normally comes dressed up as work.

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