APPLY: SAB Foundation Tholoana Enterprise Programme 2019 for young South Africans

Ohimai Henry August 31, 2019September 2, 2019 0 Comments

Application Deadline: September 26th 2019

THE SAB FOUNDATION’S THOLOANA ENTERPRISE PROGRAMME IS A WRAP-AROUND SOLUTION SUPPORTING THE GROWTH OF YOUR BUSINESS.

The programme runs for up-to two years and follows a carefully designed and well-proven method. This has delivered exceptional results time and again across many business sectors.The support package includes extensive entrepreneurial skills development, mentorship and access to tools and templates. Connection to peers around the country, as well as access to markets and finance make this an exciting and successful programme.

The SAB Foundation is especially keen to create opportunities for entrepreneurs with disabilities, who are strongly encouraged to apply. Similarly, applications are welcome from businesses working in new and/or growing sectors such as export, manufacturing, food processing, water, energy and waste management.

The Tholoana Enterprise Programme challenges participants to make changes and professionalise their business by thinking, planning and acting differently. This level of change requires the full commitment of the entrepreneur to enable solid growth as opposed to “quick-fix” solutions.

Business support is offered for:
• Businesses in their early developmental phase (does not have to be registered yet)
• Registered businesses in their growth phase

ELIGIBILITY CRITERIA
• The business is black-owned* and managed.
• The business is operational.
• The business is headquartered and registered (if applicable), within the South African borders.
• The business should be a going concern, commercially sustainable and viable.
• The applicant is involved in the business’s daily operations and management on a full time basis, and are not employed by any other organisation.
• The applicant has the skills and experience necessary for the type of business you’re engaged in.
• The business is in the early stages of growth (older than six months and no more than five years)

FOCUS AREAS

In 2019 we will be recruiting an additional 70 high-potential businesses to take up this life-changing opportunity. The focus areas of the 2019 programme include:

• Enterprises run by or benefitting people with disabilities
• Women and youth-owned businesses
• Peri-urban and rural enterprises• Enterprises that create jobs in areas with few other opportunities

In addition, we are keen to identify enterprises with good long-term growth potential, and high-impact for example: pontential for job creation.

• Export potential and/or import substitution
• Growth sectors- Water, energy and waste sector- Education (excluding early childhood development sector)- Technology- Agro-processing
• Identified growth areas e.g. Saldhana, Lephalale

Expectation

1. Participate fully in all workshops, peer groups and programme intervention.
2. Complete all baseline and yearly surveys as requested, for a period of five years.
3. Submit monthly business data – including simple online financial reports.
4. Regularly engage with mentors, ensuring that you utilise their knowledge and support.
5. Meet all milestones agreed upon.
6. Maintain open, two-way communications (including any concerns and suggestions) with our friendly team.
7. Share ideas, think big, and help yourself, and others to succeed

For More Information:

Visit the Official Webpage of the SAB Foundation Tholoana Enterprise Programme 2019