The Rise of Black Start-Ups and Social Entrepreneurship in South Africa
One might wonder, so who are these black start-ups and social entrepreneurs?
The majority of start-up founders in South Africa are between the ages of 25-35, with most of them coming from corporate backgrounds. From a Ventureburn start-up survey there are 66% white founders, 17% black, and the remaining 17% are made up of other races. In terms of ownership by gender, 68% are male, 6% are female, and the remaining 27% are male/female partnerships.