SAveabusiness COVID-19 Relief Fund
SAveabusiness is a platform that works simply and fully transparently in collaboration with citizens to save small South African businesses that have been hardest affected by COVID-19. The raised funds will be purposed to avoid layoffs; non-payment of workers and expenses that would impede continuation when South Africa returns to business as usual.
We believe that this is an essential initiative that will mitigate the rise in unemployment and the further destabilization of our economy. Donors will receive a tax exemption certificate as the initiative operates with NGO status.
The public has two options: (1) Donate directly to the listed business of your choice or (2) Donate to the SAveabusiness COVID-19 Relief Fund to be evenly distributed at the end of each phase.
10 qualifying and deserving SME’s per phase will be selected. Each fundraising phase will run for 5 days consecutively.
At the end of each 5 day fundraising phase, the total donation pot for that phase will be evenly distributed to the 10 companies. Raised funds will be shown in real-time.