SMMEs from various industry sectors around Douglas received working resources and materials to aid in their business growth as part of an Enterprise Development Accelerator Programme, thanks to Boikanyo Solar.
SMME’s from various industry sectors around Douglas received working resources and materials to aid in their business growth as part of an Enterprise Development Accelerator Programme, thanks to Boikanyo Solar.
Twenty SMME’s benefitted.
Funded by Boikanyo Solar, this initiative aims to address the challenges faced by small enterprises and support the establishment of sustainable small businesses through the upliftment of rural and survivalist entrepreneurs, and ensuring that they have the suitable resources.
The intervention is based on a thorough Needs Analysis Study conducted and subsequent assessments of the businesses participating in the 2021 Boikanyo Solar Enterprise Development (ED) programme.
The study identified SMME’s as businesses with incredible growth potential.
This Business Accelerator programme is a 12-month incubation, mentoring, and ED intervention, that will form the basis for expanding further into a Business Incubator programme.
For SMME beneficiaries, it is a comprehensive and integrated Enterprise Development solution that is designed to increase operational capacity; financial sustainability; enterprise efficiency; management capabilities; and technical capabilities.
Furthermore, the programme seeks to assist SMME’s in developing their businesses for increased turnover, jobs, improved efficiency and effectiveness, as well as improved compliance with statutory requirements.
The Community Liaison Officer of Boikanyo Solar, Pamela Matyeka, highlighted that one of the challenges outlined in the baseline study included the need to support SMMEs around Douglas with equipment or materials.
“This is in order to help them grow, empower them, support them, and provide a supportive and enabling environment in the under-resourced communities of Douglas, hence we have put funding and support behind this programme,” Matyeka explained.
One of the programme’s beneficiaries, Samuel Mabunda of Tirekani (Pty)Ltd, said the support contributed to the growth of his company.
“With the help of Boikanyo Solar, Mabunda has been awarded two projects, one in Kimberley for reticulation, storm water, sewer upgrade, and paving, and kerb installation.
The other one is in Postmasburg for the painting of the Boichoko Hospital.
“My company’s major goal is to add value to the community of Douglas in the form of jobs and skills for locals, thereby reducing unemployment,” said Mabunda.
In addition to the equipment, SMMEs also received support in the form of mentoring, coaching; business training; technical skills support training; business compliances; business profile development; as well as working capital funding.