To implement the “job creation program”
ESMD has created a South African legal entity:
ESM Investment SA CC (ESMI)
The role of ESMI:
· Support
the selection process of companies that qualify
for funding
· Approve
financing
· Manage
the loans and equity investments (with the Project
Panel Board, whose founding members include Mallinicks
Attorneys, a well-respected Cape Town law firm,
and the Graduate School of Business of the University
of Cape Town)
Since March 2000 ESMI and associated partners
have invested over Rand 25 millions ($ 4 millions)
over 150 businesses (mostly start-up
companies).
ESMI operates on commercial principles.
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