Enterprise Development Programme
ED Programme is key to local small business development
THE Nelson Mandela Bay Business Chamber Enterprise Development (ED) Programme is a multifaceted programme combining mentorship and skills training programmes to develop small businesses.
Its key outcome is enabling participants with the understanding of the key elements of being market ready, growing their businesses and creating sustainable jobs while providing participants with supportive and effective mentoring.
The Programme achieves this through offering an effective combination of skills development as well as combining core and elective courses through classroom training, soft skills and informational workshops.
The programme is open to all small businesses across all sectors within the Nelson Mandela Bay Metro.
The Enterprise Development phase participants who graduated, with some of the mentors and sponsors.
To download the application form for the 6th phase of the ED Programme, Click HERE
To download the invite of the 6th phase of the ED Programme, Click HERE
For more information, contact Enterprise Development Programme Administrative Assistant, Sinazo Yekiwe, via telephone on 041 373 1122 or email@example.com
FOR SMME'S TO REGISTER FOR THE JULY WORKSHOP, PLEASE CLICK HERE.
The Nelson Mandela Bay Business Chamber Enterprise Development Programme is brought you by:
Enterprise Development Programme: Phase 6
The objective of the programme is to develop sustainable SMME’s through an enabling creative enterprise development programme and facilitate the effective combination of skills development, coaching and mentoring, using lessons learnt from phase 1 to 5. The combination of offerings on the enterprise development programme will empower the SMME’s to run financially sustainable enterprises unlocking socio-economic development, through structured multi- level training, mentoring and linkage support.Other objectives include:
• Creation of Business-2-Business Platforms that aid SME’s to be prepared for finance, sales and market opportunities.
• Increased awareness of SME’s on government procurement opportunities.
• Utilization of the Chamber networking and Business-2-Business platforms to promote their businesses.
• Providing pipeline SMEs for funding and support by ECDC.
The Nelson Mandela Bay Business Chamber continues to build on their partnership with Eastern Cape Development Corporation (ECDC) through creative interventions to develop SMME’s within the Nelson Mandela Bay Metro through the 6th Enterprise Development Programme. There were a number of lessons that were learnt in phases 1 - 4 of the programme which included:• Participants being unable to be away from their businesses for three consecutive days;
I.e. many of the participants are in survival mode at present and derive 90% of their income from tender projects.
• The mentees raised many examples of positive business impact due to Business Chamber engagement and contacts they were able to establish to grow their business and their personal networks.
• The Mentoring sessions were lifelines for them to discuss and interrogate their thoughts and present wellness of their businesses.
• The current Enterprise Development Programme is not allowing for a holistic engagement with the entrepreneurs for a sustainable period that will allow justifiable growth and impact in their business i.e. programme time period was too short.
The intended benefit of the programme is for SMME’s to through their participation understand the elements of being market ready, growing their business and creating sustainable jobs.
The NMBB Chamber has in this period provided holistic enterprise development support to entrepreneurs. This has been done in the form of exposing to the SMEs to Business Chamber platforms besides the training, mentoring and coaching as well as consulting services.
The programme is open to all small businesses in all sectors within the Nelson Mandela Bay Metro. Participants in the programme needs to achieve:
• To attend 80% of All the NMU Business School courses.
• To participate in 22 hours of counselling, mentoring and coaching for capacity building of the entrepreneur and business. This is a multi-prong - focus on business growth and turnaround.
• To attend 3 sessions x 1.5 Hour One on One Mentoring Sessions which will provide technical support to facilitate completion of Strategy Map.
• To attend 6x3 hour Group Mentoring Sessions
• To attend 8 Coffee Mornings – 2 hour sessions
• In good standing with the South African Revenue Services (SARS).
The 22 hours of counselling, mentoring and coaching suggested for capacity building of the entrepreneur and business is a multi-prong approach: The mentoring, coaching & advisory teams of highly qualified entrepreneurs will focus on business growth and turnaround.
The 3 x 1.5 Hour One on One mentoring Sessions which will provide technical support through virtual
engagements between one-on-one sessions. This will facilitate completion of Strategy Map.
The 6 x 3 hour Group Mentoring Sessions will happen through the attendance of EYB, networking and
linkage Sessions which Entrepreneurs will attend with the business mentor.
The National Youth Development Agency
The National Youth Development Agency (NYDA) has implemented a grant programme which could be exactly what your business needs as a young entrepreneur. All programmes of the NYDA are initiated with the intention of taking them to scale and thereafter handing them over to their custodians, be it in the public or private sector. This initiative that was started in order to encourage our communities and make visible the entrepreneurial activity in those areas.When possible, the NYDA often invites members of the media, the Mayor, Ward Councillors, LED Officers, Community Development Officers, other sector departments, youth structures that operate in the area and community members to bear witness and publicly pledge their support to the youth-owned enterprises to which we have advanced financial and non-financial support.
To read more about some of the success stories if the current financial year, please click here.
To know more about the initiative, please click here.
To view the NYDA corporate profile, please click here.
The Business Place Training Schedule made available for aspiring and existing entrepreneurs.
The Business Place is a national network of business information and referral centres. It offers a friendly, accessible walk-in environment where aspiring and existing entrepreneurs can go and access information and support relating to small businesses. The model is a collaboration between Government, the Private Sector and Local Communities with the aim of promoting entrepreneurship and the creation of sustainable businesses
To learn more about the Business Place Training Schedule, please CLICK HERE
Small Business Knowledge Bank
A guide of top tips from participating key business individuals, helping you get the most out of your growing business.
Other useful information
Local & Regional Economic Development (LRED) Fund
To see the funding criteria guidelines, click here
To apply for funding, click here
Small Business Financiers & Funding Agencies (Compiled by Business Partners Limited and the SME Toolkit South Africa)