“The fund for entrepreneurs, helping you and South Africa grow”
ABOUT
INTRODUCTION
Fundamental VCC provides entrepreneurs with a robust fund structure that enables investors to take advantage of the Section 12J incentive. The Section 12J incentive gives individuals, companies and trusts the ability to write off 100% of their investment against their taxable income in the year they invest:
- This reduces the cost of the investment and provides downside protection
- Overall returns are enhanced
- The Section 12J tax benefit is complementary to other tax incentives
Fundamental VCC allows you the investor to subscribe to a distinct share class with a ring-fenced underlying investment. This allows the investor to determine their specific investment within a compliant Venture Capital Company Fund Structure.
The team
The investment committee’s function will be to review each opportunity presented by potential investors in order to ensure that it meets the qualifying criteria as set out in the legislation.
Governance
Investee Companies
Contact us
Contact details
Johannesburg office
+27 (0)10 599 0221
+27 (0)86 567 4135
info@fundamental.co.za
Durban office
+27 (0)11 000 0303
+27 (0)11 000 6264
hans@fundamental.co.za
Participating member of the 12J Association of South Africa
Disclaimer
Important notice
This presentation has been prepared by, and is subject to the copyright of, Boxcars Dozen Proprietary Limited t/a Fundamental VCC (“Fundamental”). No part of this presentation may be reproduced, transmitted, stored in a retrieval system or translated in any other language in any form, by any means without the prior written consent of Fundamental.
This presentation is confidential and has been furnished to the intended recipient solely for such recipient’s information and private use and may not be referred to, disclosed, reproduced or redistributed, in whole or in part, to any other person. By reading this document, you acknowledge that the information herein has been provided to you at your request.
This presentation has been prepared on the basis of publicly available information, internally developed data and other sources believed to be reliable. This information has not been independently verified by Fundamental. No representation or warranty as to this presentation’s accuracy, completeness or correctness is made and no reliance should be placed on the accuracy, completeness or correctness thereof. The information contained, and any opinions expressed, in this presentation are subject to change at any time and Fundamental is under no obligation to inform the intended recipient or any other person of any such change.
Fundamental accepts no responsibility or liability whatsoever in relation to this presentation (including error contained in the presentation or in relation to the accuracy, completeness or correctness of this presentation on in relation to any projections, analysis, assumptions and/or opinions contained herein nor for any loss of profit or damages or any liability to a third party whatsoever arising from the use of this presentation). The exclusion of liability provided herein shall protect Fundamental, its directors, employees, agents representatives and/or associates in all circumstances.
Fundamental earns its income by, amongst others, providing commercial solutions to our existing and/or prospective clients (such as the transaction proposal set out herein) and therefore, by receiving this proposal, you acknowledge and agree that a breach of the confidentiality and non-disclosure covenants set out herein or as concluded by separate agreement between us may have a material and detrimental effect on Fundamental’s business.
This presentation is a brief summary and does not purport to contain all available information on the subjects covered. Further information is available on request.
Privacy policy
This Privacy Statement describes the ways in which we, Boxcars Dozen Proprietary Limited t/a Fundamental VCC (“Fundamental”), collect, hold and use information about individual persons who utilise systems implemented and used by Fundamental.
Pledge on Privacy
The term “Personal Data” as used in this Privacy Policy refers to information such as customers name, birth date, e-mail address, mailing address, physical address or telephone number that can be used to identify one customer from another. Generally, we will only process Personal Data as described in this Privacy Policy. However, we reserve the right, to conduct additional processing to the extent permitted or required by law, or in support of any legal or criminal investigation.
The next sections explain how and when we collect Personal Data.
Intended use of Personal Data
Some services may require customers to provide us with Personal Data. In these situations, if customers choose to withhold any Personal Data requested by us, it may not be possible for them to gain access to certain parts of Fundamental’ sites/apps and for us to respond to their queries.
We may collect and use Personal Data to provide customers with products or services, to bill them for products and services they request, or to communicate with them for other purposes which are evident from the circumstances or about which we inform them when we collect their Personal Data.
Non-disclosure of Personal Data
We will not sell, share, or otherwise distribute customers Personal Data to third parties except as provided in this Privacy Policy. Personal Data may be transferred to third parties who act for or on our behalf, for further processing in accordance with the purpose(s) for which the data were originally collected or may otherwise be lawfully processed, such as services delivery, evaluating the usefulness of the systems, marketing, data management or technical support. These third parties have contracted with us to only use Personal Data for the agreed upon purpose, and not to sell customers Personal Information to third parties, and not to disclose it to third parties except as may be required by law, as permitted by us or as stated in this Privacy Policy.
Personal Data collected from customers may also be transferred to a third party in the event that Fundamental or a part of it and the customer data connected with it is sold, assigned or transferred, in which case we would require the buyer, assignee or transferee to treat Personal Data in accordance with this Privacy Policy. Also, Personal Data may be disclosed to a third party if we are required to do so because of an applicable law, court order or governmental regulation, or if such disclosure is otherwise necessary in support of any criminal or other legal investigation or proceeding here or abroad.
Right of Access, Correction and Objection
Whenever we process Personal Data, we take reasonable steps to ensure that customers’ Personal Data is kept accurate and up-to date for the purposes for which it was collected. We will provide customers with the ability to object to the processing of your Personal Data if such processing is not reasonably required for a legitimate business purpose as described in this policy or our compliance with law. Requests to delete personal data will be subject to any applicable legal and ethical reporting or document filing or retention obligations imposed on us.
Security and Confidentiality
To ensure the security and confidentiality of Personal Data that we collect on systems, we use data networks protected, inter alia, by industry standard firewall and password protection. In the course of handling customers Personal Data, we take measures reasonably designed to protect that information from loss, misuse, unauthorized access, disclosure, alteration or destruction.