Programme to jump-start economy launched

2019-08-15 06:01

The False Bay College Centre for Entrepreneurship and Rapid Incubator (CfE/RI) in partnership with the Small Enterprise Development Agency (Seda) have launched an exciting venture accelerator programme to jump-start and revive township economy. The programme is aimed at assisting small business owners, who are 18 years and above, to elevate their businesses to new heights.

The colleges says entrepreneurs are the backbone of the economy and local economic development and it is committed to empowering and strengthening community SMMEs to refine their business strategy to create and deliver value to its respective target markets at a profit.

Seda Western Cape provincial manager Alex Qunta said: “Some of these problems in our townships can be overcome. This can be achieved through mentorship, skills transfer or even providing alternative funding for these businesses. Partnerships such as these will lead to novel business models within the township economy, that will turn into profitable and lucrative business opportunities that help drive the local economy.”

Entrepreneurs with innovative businesses, products or services that have the potential to grow into viable businesses are invited to enter the programme.

The businesses must be based in Khayelitsha, Philippi, Mitchell’s Plain or Strandfontein. Interested entrepreneurs are invited to attend the information sessions will be held from 10:00 to 12:30 at the following venues and dates:

. False Bay TVET College, Khayelitsha Campus in Mew Way, on Monday and Tuesday 19 and 20 August and Saturday 24 August.

More information sessions will be in Mitchell’s Plain. The most viable and growth-orientated business will stand a chance of winning R10 000 and business mentoring support.

For details visit, or send email to or call 021 201 1215.


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