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Fund Size: USD 85 million
Focus: Community Media | Localized Content Distribution | Technology Integration
The eNitiative Venture Capital Fund I is a forward-thinking initiative aimed at funding the creation of a revolutionary network of Community Media Distributors (CMDs) across South Africa. The fund enables the marketing and distribution of localized media content, accessible across TVs, mobile devices, and computers at no cost to the communities. This venture aligns with the growing demand for culturally relevant content and access to community-driven media.
Key Features:
- Fund Structure: En Commandite Partnership
- Target Fund Size: USD 85,000,000
- Partner Lots Available: 850
- Estimated Term: 4 to 6 years
- Minimum Investment: USD 100,000 per Partner
- Management Fee: 2.5% p.a.
Commercial Opportunity:
South Africa’s community media landscape is largely untapped, offering immense potential for growth. By funding CMDs to deliver high-quality localized audiovisual content, this initiative aims to serve diverse cultural communities and generate significant returns through innovative media solutions.
- CMD Break-Even Range: USD 350,000 – USD 500,000 per CMD
- Planned Exit Strategy: Consolidation of CMDs into a single entity (TCE) for IPO within 6-7 years
Suitable Investors:
This high-risk, high-reward fund is tailored for:
- Individuals
- Family Offices
- Retirement Funds
- Insurance Companies
- Institutional Investors
What We Offer:
- Seed Investment: To launch CMDs in urban, rural, and small-town areas
- Escrow Account Management: Held by Standard Bank of South Africa
- Exit Opportunities: Consolidated IPO of CMDs
Exit Strategy:
- IPO Target: “I Live in SA” LTD
- Projected Valuation (Entity): USD 876M – USD 1B
- Estimated Share Price: USD 8.76 – USD 10.24