SME v Start-up

In the wake of last week’s jobs bloodbath reports, which put South Africa’s jobs lost due to Covid 19 at anywhere between 2,2 and 2,8 million, effectively wiping out a decade’s worth of job growth, the temptation is to say all we need to do is focus on small businesses. But if we fail to better define what we mean by this and potentially place all our policy eggs in the wrong basket, and forget that start-ups, the gazelles, are actually the real growth engines, we could end up making a costly mistake. Michael Avery speaks to Vusi Thembekwayo, CEO of MyGrowthFund and Clive Butkow, Chief Executive Officer of Kalon Venture Partners about SMEs v Start-ups.