General Electric

General Electric (GE) SA is set to invest R500 million to create an engineering and development-focused Customer Innovation Centre (CIC) that is geared towards critical skills development through innovation and technology transfer. The end goal is for these SMEs to be absorbed into GE’s supply value chain to local and international multinational corporations. Small business owners will be exposed to business development services that focus on sharpening their business acumen, operational and management skills, while the technical development services will include engineering and problem-solving support and technology transfer.