Government
The Petco Empowerment Fund
What is the Petco Empowerment Fund?
In South Africa, the small and medium-sized enterprise (SMME) sector plays a critical role in contributing to economic activity and providing employment, thereby improving prospects for sustainable growth.
The Petco Empowerment Fund is an exciting initiative that directly supports SMMEs in South Africa, providing accessible finance, along with pre- and post-investment support.
The Petco Empowerment Fund is an exciting initiative that directly supports SMMEs in South Africa, providing accessible finance, along with pre- and post-investment support.
The Petco Empowerment Fund plays an important role in bridging the gap between small entrepreneurs and traditional banking, giving entrepreneurs the leg-up they need to expand or improve efficiencies. Our members contribute to the Fund, earning B-BBEE points and tax benefits in the process. Participation in the Fund strengthens the collection and recycling value chain, ensuring a strong and more inclusive collection and recycling landscape in South Africa.
Municipalities can speak to us about boosting recycling entrepreneurship in their jurisdictions through the Petco Empowerment Fund.
Our Petco Empowerment Fund projects
Why waste
Why Waste is a dedicated total waste management services company with a rich history dating back to 1969 when the Patel family initiated their journey in the waste industry. Established by Aslam Patel in 1996, Why Waste has flourished, now boasting a workforce of 70 with a passionate and skilled management team. Committed to environmental conservation, the company actively promotes recycling campaigns, encouraging communities to embrace the principles of reusing, reducing, and recycling waste. With high standards in occupational health and safety, Why Waste collaborates closely with local entities, schools, hospitals, and businesses to foster a greener environment. Their Waste Management License and various initiatives, including recycling presentations and empowerment programs, underline their dedication to sustainable waste management.
Re-Purpose group Africa
Re-Purpose is a dynamic company dedicated to transforming waste into jobs and promoting a circular economy. They empower individuals, particularly youth and women, to collect, sort, and process various types of waste, targeting waste generated by collectors, schools, and corporations. Their services include creating buy-back centres, implementing school recycling programs, and offering on-site waste management for businesses. Re-Purpose also focuses on sustainability initiatives, helping clients align with the UN Sustainable Development Goals and addressing waste management challenges. They work closely with producers and manufacturers to eliminate waste and promote end-user producer responsibility while providing innovative solutions to minimise consumer waste.