Thursday, 3 December 2020 saw 141 small businesses led by historically underserved entrepreneurs graduate from the bespoke Funding Accelerator Programme, aptly named Khulisa iBiznis, meaning “Grow your Business”. This 12-month programme was developed and implemented in collaboration with JP Morgan, The Hope Factory NPC and SAICA Enterprise Development (SAICA ED). A catalyst for growth Despite […]
Growing entrepreneurial skills, developing businesses and impacting communities − this is the core of what The Hope Factory delivers, and so much more. This non-profit company forms part of the South African Institute of Chartered Accountants’ Nation Building division. Socio-economic empowerment The Hope Factory focuses on developing business skills in individuals and assisting them to
The Hope Factory – growing and fostering entrepreneurship Read More »
The restrictions imposed by the COVID-19 pandemic and the lockdown have taken a toll on all economic sectors in South Africa, and have presented additional hurdles for Small, Medium and Micro Enterprises (SMMEs). A survey undertaken by the Centre for Development and Enterprise (CDE) on the readiness of South African small enterprises to respond to
By Kelly Sin Hidge, Marketing SAICA Enterprise Development and The Hope factory. The new buzz word around town ‘adaptagility’ speaks into a crucial competitive advantage that catalyses a business into growth and sustainability despite change. This ensures either the survival or failure of small businesses today as they were hit by the economic battle during
The Construction industry is among the most male-dominated industries world-wide. However, in South Africa, women seem to be well represented in the industry and can get even better. According to the Construction Industry Development Board (CIDB), 48% of South Africa’s construction companies are owned by women. This shows that great amount of efforts is done
Heels in construction – incubating women owned businesses in construction Read More »
The global coronavirus pandemic has resulted in an unprecedented crisis. In South Africa, never before has the plight and livelihoods of black-owned suppliers and small businesses been so threatened. Save an SME and play your part in building an inclusive economy, by booking space for one or more of your suppliers in this year’s ESD
Save an SME by booking a page in the 2020 ESD Handbook Read More »
Newly launched MTN Business App Academy and award for young app developers to drive digital education and innovation across SA. The MTN Business App of the Year Awards, now in its ninth year, has opened entries for aspiring entrepreneurs and digital innovators across the country. This year’s edition comes with a number of relevant and
As part of its partnership with Lionesses of Africa, the all-female business network in Africa, Volkswagen has introduced ‘The Lionesses Den’ and is calling on female-owned businesses in South Africa to share a two-minute pitch. The top three pitches will win capital to invest in their businesses and in turn help drive the South African
Volkswagen introduces ‘The Lionesses Den’ Read More »
It is often mooted that growing South Africa’s economy is largely reliant on the success of small businesses. Yet a lack of access to operating capital from banks and limited business experience can be major obstacles to entering the formal economy. ProfitShare Partners has established an enviable track record in unlocking operating capital to SMEs
ProfitShare Partners disrupts market with innovative SME funding model Read More »
On 18 April 2020, the Department of Small Business Development announced, in a media statement, guidelines for participation in spaza shops and general dealers Covid-19 support scheme. At the time they said: “The Department has finalised an agreement with Nedbank to support spaza shops and general dealers on the back of the Credit Guarantee Scheme
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