The Hope Factory mentors entrepreneurs for financial sustainability

2017-03-15 08:22

SINCE 2001, The Hope Factory’s purpose has been to grow people, develop businesses and impact communities through its results-driven mentorship model.

The Hope Factory is currently recruiting for its April 2017 intake and invites eligible entrepreneurs to apply.

Entrepreneurs in any one of the sectors who require the tools and development needed to overcome key business challenges can apply.

The 2016 Global Entrepreneurship Monitor (GEM) report indicates 70% of businesses are more likely to succeed if they receive mentoring.

At The Hope Factory they deliver dynamic entrepreneurial development programmes for maximum impact.

As an Enterprise and Supplier Development organisation, The Hope Factory offers an impactful entrepreneurial development programme to registered businesses in Gauteng and Nelson Mandela Bay.

They also offer a Socio-Economic Development Programme, the Personal Development in Business programme geared towards non-registered, start-up businesses in Nelson Mandela Bay.

These programmes are based on the effective coverage of three main areas namely: Business Skills Mastery, Leadership (Personal) Development and Financial Excellence.

The model follows a Holistic Incubation Process over a 12-month period and covers a wide range of entrepreneur development interventions necessary to develop sustainable growth in programme beneficiaries.

The Hope Factory entrepreneur development model places mentorship at the core of its programmes.

This mentorship approach, through the transference of knowledge and skills, aims to make a measurable difference in the development of small businesses.

In order to provide a holistic yet comprehensive programme, the mentoring curriculum has seven key outcomes:

. Compliance

. Human Resources

. Quality and Standards

. IT

. Finance and Leadership Development

. Strategic Planning: Including Business Model

. Sales and Marketing strategy

In addition to mentorship, The Hope Factory provides an array of excellent additional service offerings.

“The Hope Factory not only changed my life and those of my employees, but also created many opportunities for other small companies to whom we outsourced most of our services,” said Khulile Nondabula of ZONO Brands.

The Hope Factory’s focus for the 2017 Programme is in the following sectors:

. ICT

. Construction

. Manufacturing

. Business Development services

. Automotive

. Tourism

. Agriculture

. Renewable Energy.

For more info visit www.thehopefactory.co.za or contact 041 484 7400.

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