New Venture Capital Holdings
Insurance in Richards Bay

New Venture Capital Holdings is a company aimed at generating finance capital for the young poeple of South Africa who do not qualify for business funding under the genral funding criterion used by commercial banks and finance instituions.
We do not make profit in the insurance product, however money generated from these insurance products is then employed as capital to fund business ideas by and for young entreprenuers including those who have won tenders/ contracts. Fee of R379.00 you will be covered for R50 000.00 in the event of your death within the five years. Buy this product at only R1000.00 once off and an annual admin.
We generate our funds through the sales of a limited cover term life insurance. They are charged an interest based on inflation.
We doo not just give money but we invite proposals and evaluate them and choose those ideas that we feel are unique and innovative and then put the entreprenuer/s under an incubator programme whilst we also hold a certain portion.