Small Business Development & ESD Archives - Page 11 of 18

MultiChoice connects South African SMMEs with global start-up investment community

MultiChoice Group, the African entertainment company that operates DStv, has shortlisted six start-up and scaling businesses that will be progressing to the final leg of the MultiChoice Accelerator Programme. By investing in and developing entrepreneurs with innovative businesses ideas, MultiChoice is helping to shape the industries of the future. “As MultiChoice we are excited to […]

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Mondelez International Forging a Path to Transformation

Through its Enterprise and Supplier Development (ESD) programme, Mondelēz has recently taken up the challenge to empower Black-owned small, medium and micro enterprises (SMMEs) through skills development and preferential procurement. “For a period ranging from 2019 until recently, our ESD programme supported a number of businesses in the Sales, Marketing, Catering and Transport industries –

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Why enterprise supplier development funds are missing the mark

ESD initiatives, Small Business Development & ESD / admin

Enterprise supplier development funds are prominent in SA, partly due to the change in the BBBEE ratings methodology, which made it the most significant element on the scorecard. But it’s not making the impact it should. An interest rate of 15% a year. That was the rate (prime + 5%) we were offered by one

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BUILDING UP OUR BACKBONE IN TOUGH TIMES

ESD initiatives, Small Business Development & ESD / admin

Since its inception in 2013, the Sanlam Group Enterprise and Supplier Development (ESD) programme has helped 267 South African SMEs and financial planning businesses grow their revenue by 21%, on average, and create 391 sustainable new jobs. In total, its supported almost 2 500 jobs. Despite the difficulties of Covid-19, the 2020/21 programme saw 35

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THE CURRENT STATE AND FUTURE OF THE ESD INDUSTRY

ESD initiatives, Small Business Development & ESD, SME showcase / admin

Corporate South Africa provides vital information regarding rate of transformation and job creation. Established small business development specialists, Edge Growth is preparing to announce the findings of their annual research into the state of ESD and SME Development on Friday 3 September 2021. These findings will provide vital information from corporate South Africa as to

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HOMEGROWN BATTERY MANUFACTURER SECURES R20 MILLION INVESTMENT

Environment, ESD initiatives / admin

Boost for local champion bringing innovative, local and trusted battery storage solutions for African energy needs. I-G3N, the only black empowered female-owned SME to successfully develop lithium-ion batteries specifically for the African continent, has successfully raised R 20 million from Edge Growth and the ASISA ESD initiative. Recognising I-G3N’s capability in designing developing and manufacturing

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Afrika Tikkun introduces free B-BBEE consultation campaign

Small Business Development & ESD / admin

Every month is Youth Month at Afrika Tikkun. Recognised as one of South Africa’s most impactful organisations, Afrika Tikkun works with its partners to end child poverty and youth unemployment. As part of the Afrika Tikkun stable of companies, Afrika Tikkun Services (ATS) was established in 2012 to help corporate clients evaluate their transformation mandate,

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Grow Right Edge Solutions: Empowering a generation

Small Business Development & ESD / admin

Our young people are the architects of our future. June is when we celebrate Youth Month and honour the bravery and sacrifices of a generation of young people who had the courage and conviction to make a stand for change. The drive to empower our young people so that they can reach their full potential

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How EGP is providing sustainable energy solutions to help young entrepreneurs and local communities in the Covid crisis

ESD initiatives, Small Business Development & ESD / admin

The pandemic has been challenging for everyone, not least Thlompo Seretlo, a young entrepreneur and farmer in Limpopo. He turned to Enel Green Power for help and they came up with an innovative solar energy solution. As the Covid-19 pandemic continues to plague the livelihoods of local workforces, Enel Green Power (EGP) is actively promoting the UN’s

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Rand Pharmaceuticals on the path to rapid growth

ESD initiatives, Small Business Development & ESD / admin

The Vumela Fund, established by FNB Business and Edge Growth, has announced a new partnership with Rand Pharmaceutical Distributors that will see the expansion and growth of this innovative 100% black-owned and managed company that services independent pharmacies, private practices and small clinics. “Vumela sees an opportunity to support an acquisition that will boost capacity

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