South Africa’s Grindstone Accelerator received a R25 million ($1.5 million) investment from the SA SME Fund. Grindstone will greatly increase activities by doubling intake numbers, digitising learning content and running annual programmes in both Cape Town and Johannesburg to add six cohorts of ten scale-up companies each over the next three years.

Grindstone is a structured entrepreneurship development programme, jointly owned by venture capital firm Knife Capital and African ...