NVCCZ targets high-performing entrepreneurs

THE National Venture Capital Company of Zimbabwe (NVCCZ) is targeting high-potential enterprises to support at scale this year, in a bold move to drive inclusive growth and formalise the informal sector.

NVCCZ was established in 2021 to offer capital to small and medium enterprises (SMEs) with funding, as out of the 204 798 operational establishments, according to the Zimbabwe National Statistics Agency, 76,1% are
informal.

Since its launch, NVCCZ has received over 70% of its applications from youth-led start-ups across different sectors that include technology, agriculture, manufacturing, energy and healthcare.

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