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PHOENIX PROJECT FUND for NON BBEEE Businesses

Crowdfunding

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ABOUT THIS PROJECT

Create a fund for Non BBEEE businesses to assist them during COVID19 and the rebuilding of their businesses after COVID19 and for the future.

THE BACKGROUND

In the light of the new regulations from the ANC government that SMME Relief will only be made available to BBEEE companies, and the fact that the North Gauteng High Court has confirmed that these bias policies are accepted within the law and/our Constitution, we have developed a proposal to provide a platform where Non-BBEEE SME's and the community can assist each other to ensure their sustainability and survival as well as the establishment of our own NON-BBEEE fund to assist NON-BBEEE small businesses and companies to survive not only a crisis such as COVID19 but to ensure there sustainability in the future. 

THE PLAN

We are looking to be able to assist around 100 NON-BBEEE SME's with this project and thereafter grow this fund further with contributions from the same businesses that received assistance from this project, back into this project so that we can grow the fund and assist more NON-BBEEE SME's and help them to remain sustainable.

The PHOENIX PROJECT will also contribute funds to organisations, charities, and families that are in desperate need of funding for essential items such as clothing, food, etc.

A Facebook page will also be created in order for contributors to see where their funding is going and what is being done with the fund during this COVID19 crises. Information will also be updated on VGF Group's website on the PHOENIX PROJECT page until we can create a separate website for the Fund.

Everybody always talks about "The need to stand together",  and the need that something must be done, well THIS IS THE START, now is the time for ACTION!!

Less words and complete action!!!

YOUR REWARDS

  • Pledge R500 = Phoenix Voucher 1

    • YOU receive 2.5% OFF Voucher from ANY services and/or products from benefiting businesses!
    • Voucher valid until 31 August 2021.
    • A list of beneficiaries will be kept on the PHOENIX PROJECT Facebook page.

  • Pledge R750 = Phoenix Voucher 2

    • YOU receive 5% OFF Voucher from ANY services and/or products from benefiting businesses!
    • Voucher valid until 31 August 2021
    • A list of beneficiaries will be kept on the PHOENIX PROJECT Facebook page.

  • Pledge R1000 = Phoenix Voucher 3

    • YOU receive 7.5% OFF Voucher from ANY services and/or products from benefiting businesses!
    • Voucher valid until 31 August 2021.
    • A list of beneficiaries will be kept on the PHOENIX PROJECT Facebook page.

  • Pledge R1500 = Phoenix Voucher 4

    • YOU receive 10% OFF Voucher from ANY services and/or products from benefiting businesses!
    • Voucher valid until 31 August 2021.
    • A list of beneficiaries will be kept on the PHOENIX PROJECT Facebook page.

  • Pledge R2000 = Phoenix Voucher 5

    • YOU receive 15% OFF Voucher from ANY services and/or products from benefiting businesses!
    • Voucher valid until 31 August 2021.
    • A list of beneficiaries will be kept on the PHOENIX PROJECT Facebook page.

  • Pledge R3000 = Phoenix Voucher 6

    • YOU receive 20% OFF Voucher from ANY services and/or products from benefiting businesses!
    • Voucher valid until 31 August 2021.
    • A list of beneficiaries will be kept on the PHOENIX PROJECT Facebook page.

If you want more information on the project please send an email to info@vgfgroup.co.za. You can also visit our website www.vgfgroup.co.za and click on the Phoenix Project Button.

We thank you for your help and the businesses, organisations, and families that are going to benefit from your contributions, thanks to YOU!

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Project FAQ

Why is it called the Phoenix Project?

  • In Ancient Greek folklore, a phoenix is a long-lived bird that cyclically regenerates or is otherwise born again. A phoenix obtains new life by arising from the ashes of its predecessor.
  • Some legends say it dies in a show of flames and combustion before being born again, rising from the ashes.
  • The phoenix symbolized renewal in general and also the rebirth of SMME's youth from the COVID19 period's ashes.

What is the Phoenix Project?

  • It is a project to establish a fund in order to assist NON-BBEEE SMME's to stay afloat during this COVID19 crisis and thereafter have an established fund which can assist these SMME's to further grow their businesses and to assist each other in order to ensure their sustainability and profitability post -COVID19.
  • Hence the rebirth of SMME's out of the COVID19 ashes. Some of these funds will be contributed to organisations, charities, and families that are desperate in need of funding for essential items such as clothing, food, etc.

How will this Project Funds be utilized?

  • Firstly the funds will be used in order to assist NON-BBEEE SMME's in order to keep their businesses afloat during the COVID19 period.
  • Secondly, after the COVID19 period, the SMME's that received assistance from this fund will make contributions back into this Fund so that the Fund can grow , in order for the Fund to be able to assist more SMME's.
  • Thirdly the Fund will later be utilized to finance further SMME projects which could generate more incoming funds, so that in the end the Phoenix Conglomerate Fund will be able to not only assist SMME's in times of crises but can further be utilized by SMME's in the form of low-interest loans with low affordable repayments for the expansion of their businesses, purchasing of equipment, vehicles etc.

How many SMME's will benefit?

  • With this project we would like to raise enough funds during the COVID19 period to be able to assist at least 50 - 100 SMME businesses and thereafter (after 31 Aug 2020) we would like to grow the fund further to be able to assist between 200 - 250 Non-BBEEE SMME's by end of January 2021.

What is Phoenix Project Fund's ultimate goal?

  • The ultimate goal is for the Fund to be R100 million strong within the next 3 years in order for the Fund to be able to help as many Non-BBEEE SMME's as possible in order for NON-BBEEE SMME's to be protected from bias legislation and in order for them to be able to remain independent.

How will the Phoenix Project Fund be funded after this project?

  1. Contributions from recipients of this funding as their businesses grow again;
  2. Financing of projects and the profit thereof which will go back into the Fund;
  3. Interest received from the low-interest business loans to businesses will go back into the Fund;
  4. Extra contribution by businesses and the community who wants to help.

How will the Fund be managed?

  • An Executive Committee will be established which will run the Fund with an Independent Auditor which will make sure that the Funds are utilized properly and correctly.

What role is VGF Group (Pty) Ltd playing in this?

  • VGF Group (Pty) Ltd saw the need for Non-BBEE SMME's and the community to stand together and assist each other in order to get through the current COVID19 crisis. We have developed a platform and framework model in order for such assistance to be possible and we are trying to do our part help and to try and kick start this fund into motion.

Who are we?

  • VISION:
    • To be the market leader in the provision of excellent products and solutions, deliver excellent client services, and build excellent client relationships.
  • MISSION:
    • To bring innovative and world-class products and services to the doorstep of our clients and to ensure they have the best products available at their disposal for the right price as well as creating trusted relationships with our clients, partners & stakeholders.
    • We operate from a centralized Head Office situated in Sinoville, Pretoria.
  • OUR MERITS:
    • Unique and creative solutions that meet the clients’ expectations not only by realizing the clients’ business and/or personal objectives but particularly by our strict adherence to the ethical principles of the values that we cherish;
    • The continuous search for opportunities beyond the known and the everyday objectives;
    • Creative approaches to the clients’ special needs in order to find unique and tailored solutions;
    • Creation of lasting trust relationships with our clients;
    • Professional and quality services/solutions provided by a highly motivated team of experts;
    • Courage, readiness, and willingness to walk the extra mile to assist our client even in a crisis;
    • Strong knowledgeable background and experience to assist our clients.
  • ACHIEVEMENTS & SUCCESS
    • At VGF Group (Pty) Ltd we towards the growth, sustainability, and profitability of our clients and we place a high value on excellence. The team of experts utilized by VGF Group (Pty) Ltd has proven track records, which proves that to partner with VGF Group (Pty) Ltd, the growth of our clients is guaranteed.
    • We have assisted small local businesses, to not only grow their turnover with 500% within 12 months, but we also assisted them in crossing over from being a local business to a company servicing clients nationwide.
    • We have assisted corporate companies in the realising their 2-year expansion plans within 12 months to double the number of branches they had.
    • With our assistance and expertise VGF Group (Pty) Ltd have assisted start-up companies to secure their brand in their respective industries, provide a national footprint for them, and within 18 months assisted with the establishment of their companies as the market leader in their industry. We also provided them assistance with market research and was pivotal to the creation of new products and solutions for them.
    • All the clients that we work with have had at least a monthly increase of 10% in their monthly turnover.
    • This was all achieved due to the trust relationships that we have with our clients and the value that we provided to their respective organisations. This is what we can do for your organisation as well, because“What we say is what we do”.

If there are any questions that weren't answered above and still remain please do contact us via email info@vgfgroup.co.za You can also visit our website www.vgfgroup.co.za and click on the PHOENIX PROJECT Button.

We thank you for your help and the businesses and people that are going to benefit from your contributions thanks to YOU!