It has been observed that most entrepreneurs don’t have access to the right information on loan management in SME lending, better market access and the continuation of public and private sector programs which hinders them in their growth. SpliceWorks, a South African based startup comes with the solutions to most of the problems faced by entrepreneurs.
The startup is an online market that introduces technology entrepreneurs to business development partners, financers, and loyal customers by griping Telecom and BCX’s large network of partners and customers. The platforms aim at bringing together the entire tech startup ecosystem in the country addressing various problems, and helping entrepreneurs to turn their ideas into reliable businesses.
The platform is of help to both its supporters and entrepreneurs. The two partners need to have the current and greatest digital technology innovations to be at per with the current digital age group. SpliceWorks is working to ensure that both the Telecom and BCX are updated with the current tech world by bringing together, curating and introducing them to the entrepreneurs with the other potential large businesses, public sectors customers and corporates.
The startup aims at offering assistance to a larger group hence giving support to a good number of entrepreneurs and giving the necessary help that is needed by the small-scale businesses to grow. SpliceWorks has made it easier for the entrepreneurs to access funders by negotiating a discount on prices from various service providers. The platform will also look for business opportunities for entrepreneurs from its two partners.
The platform’s entry is open to various entrepreneurs who are only but required to answer several specific questions. After entry, their profiles are then connected with potential funders and customers and introduction done on their behalf. Not all the entrepreneurs will be mature for introduction, but those who will not be ready for the introduction will still be in a position to use the business development services that are in the platform at lower prices. By now the platform is closed for members only.