entrepreneurship program
Transcription
entrepreneurship program
ENTREPRENEURSHIP PROGRAM OUR MOTIVATION Unemployment poses a huge challenge to our country’s prospects for growth and while many South Africans lack the necessary skills to make them employable, the retrenchment of skilled employees further exacerbates the situation, giving voice to the causal link between unemployment, poverty and crime. We are proud to have achieved an average success* rate of 60% over the past seven years. The SANZAF Entrepreneurship Training Centre has had a direct impact on the lives of hundreds of families. Some of the candidates have themselves touched the lives of others, either by creating employment or by establishing NGOs or by supporting Although there may be different and offering community services approaches to dealing with the such as soup kitchens, etc challenge of unemployment, SANZAF believes that entrepreneurship offers *Success is measured by the one practical solution to addressing ability of candidates to run it. We further recognise that for many, access to opportunities - be it their households without the in the form of training or resources - is support of welfare services. the main barrier to progress. The SANZAF Entrepreneurship Training Centre tries to address this need by offering fully subsidised training and grant funding to wouldbe entrepreneurs. We have already trained over 800 individuals and funded a little over 450 would-be entrepreneurs, investing a little over R12 million since the inception of the programme in 2006. www.setc.co.za OUR PROGRAMME The SANZAF Entrepreneurship Training Centre is an incubation type programme that seeks to impart the skills necessary to run a small ownermanaged business. The programme is delivered in five phases over a seven week period. Candidates on the programme are either referred by our in-house Welfare Department or by former trainees of the programme. As such, a typical candidate has to contend with financial challenges due to unemployment or a lack of income, as well as emotional and psychological stress. Usually we are the place of last resort with candidates arriving at our door having exhausted family, friends and community support structures. The SANZAF Entrepreneurship Training Centre is registered with the Services SETA (Reg # 4607) and the training material is aligned to the appropriate unit standards. SANZAF 3 PHASE 1: ASSESSMENT Candidates undergo one-on-one interviews so that the facilitators better understand their emotional and/or psychological state. They are also able to assess if candidates have the appropriate discipline / attitude to run their own businesses. Furthermore, all candidates are assessed for the following prior to being admitted into the programme: 1. Ability to read, understand and write English, 2. Ability to count and perform basic arithmetic calculations, 3. Credit clearance (ITC) 4. Criminal clearance The latter two are important considerations as a negative status often prejudices a candidate’s opportunity to contract business should they succeed in accessing funding from us. www.setc.co.za PHASE 2: TRAINING Self-Awareness Training Business Skills Training The success of any business is dependent on a positive, hopeful outlook and a large dose of confidence. However, by the time most candidates approach us, they have already experienced some level of emotional stress due to their financial circumstances. During the “pure” business skills sessions, candidates are guided through several components of business start-up and management including: We commence training with three days of self-awareness and motivation programmes which aims to combat negative emotions and other underlying fears. Similar one day sessions are held at the beginning of each week for the duration of the five weeks of training. The motivation sessions address selfesteem issues and compliment the pure business skills sessions that follow. This is a deliberate and necessary intervention to help transform the candidate’s mind-set from a feeling of hopelessness to confidence and renewed vigour. 1. Generating Business Ideas, 2. Entrepreneurship Skills, 3. Legal Issues, 4. Site Selection, 5. Finances, 6. Project Management, 7. Sales and Marketing and 8. Strategy. The business skills component is structured and delivered such that each session is a building block towards the business plan which candidates submit after their training, i.e. in the seventh week. SANZAF 5 PHASE 3: BUSINESS PLAN Candidates are encouraged to External Assessment submit their business plans within a Business plans are then forwarded to week after training. independent external assessors who conduct a more detailed assessment, The business plan must include: including face-to-face interviews 1. The proposed site from where the and/or site visits where necessary. business will be conducted, and The external assessors submit a formal review for each business, including 2. The relevant quotations for fixtures their recommendations or objections and stock, etc. and concerns. If not successful, On submission of the Business Plans, candidates are given an opportunity two separate assessments are to adjust and improve their business undertaken to ensure that only plans and re-submit them. the most viable candidates are The business plan review process can considered for funding. take up to two weeks to complete, depending on the quality of the Internal Assessment business plan and feedback from The business plans are initially assessors. However, once both assessed by our training facilitators the internal and external assessors who ensure that they are approve the business, the business appropriately and fully completed. plan is submitted for funding. A site visit is also conducted to get a sense of fit between business idea and location. Where required, candidates are asked to adjust their business plans and the process is repeated before being passed on to external assessors. www.setc.co.za PHASE 4: FUNDING Recognising that a new business requires support during its start-up stage, SANZAF offers candidates two types of grant funding opportunities to help make their business ideas a reality. When appropriately applied, the funding opportunity gives candidates breathing space to establish a sustainable business. Capital Funding Candidates are assisted with up to R50,000 as start-up capital. This includes the costs associated with fixtures, fittings, equipment and trading stock. We prefer to pay the suppliers/service providers directly wherever practical and release payments on submission of an invoice. Safety-Net Funding* Candidates are also assisted for a period of up to three months with all their basic household and monthly requirements, including rent, water & electricity, transport, etc. on condition that they: 1. Provide a fortnightly report detailing the financial performance of their business, 2. Cooperate when site-visits are conducted, 3. Can show that they have ploughed all profits back into the business. “The safety net “allowance”, which can exceed the Capital Funding, helps candidates further capitalise their start-ups. If utilised correctly, candidates can potentially increase the value of their business by at least 50% over the three month period.” SANZAF 7 PHASE 5: MENTORING Although we have limited control over the candidates after funding them, we try and provide whatever practical support and advice we can by offering a mentorship service which also acts as a Monitoring and Evaluation (M&E) mechanism. This is done through site visits and timely submission of cash flow reports. Fortnightly Reports Performance of Site Visits by Mentors Site visits are conducted at least once a month and act as a mechanism to verify the performance of the business as well as an opportunity to share the challenges faced by the entrepreneurs. Mentors are encouraged to give feedback of their observations to Financial facilitators so that we can arrest potential failure of the business. Candidates are requested to submit fortnightly reports of their financial performance and are typically submitted via email. These reports help to track cash flow and shows evidence of business activity. They also act as an early warning signal for potential failure and if detected early enough, appropriate business rescue can be initiated. www.setc.co.za CONCLUSION The candidates funded through the SANZAF Entrepreneurship Training Centre have delivered an average success rate of over 60% since the inception of the programme in 2006. We acknowledge that our limited funding opportunities may only help subsistence level entrepreneurs, but this must be seen as an opportunity that helps them develop themselves as growth entrepreneurs in the long Considering the compact and intense term. nature of the training programme and the short duration of the mentorship, The programme is not delivered in we believe that our incubation academic jargon but rather through programme is worth replicating, experiential learning, even though the especially for owner-managed start- learning material is delivered in-class. ups. Candidates appreciate the quick turn-around time in which we deliver We believe that by affording would- a quality service, allowing them to be entrepreneurs access to training gain a level of empowerment they’ve and resources, we are actually never experienced before. creating opportunities for candidates to establish their reputation so that This programme has touched the lives they can access larger funding of many. We have walked with them opportunities based on the success of on their journey from difficulty, to the business. hope, to self-sufficiency. We are keen to have you partner with us so that many more South Africans are able to access similar opportunities. SANZAF 9 ENTREPRENEURSHIP AWARDS 2011 Hoosen Essof - Administrator , Mahmoud Youssef Baker - CEO of 2010 Shauket Fakie - Former Auditor General and Patron, Shawkat Thokan Founder and Patron and Hasan IQRA Trust, Firoz Cachalia - Former MEC for Economic Development, and Hasan Evans - Head of Department Evans - Head of Department 2012 Hoosen Essof - Administrator, and Sicelo Harvey Buthelezi - Rep of MEC for Economic Development 2013 Philisiwe Twala-Tau CEO of Gep, and Hoosen Essof - Administrator 2013 Mr. Amman Muhammad - CEO of FNB Islamic Finance 2013 Awardees: Uthman Wetaka, Husain Baza-we, Joseph Jua, Ramanya Sultan, Ndabagabotse Shahiem, Hartley Tarek, Ali Bashir De Vries, Fatima Jardine, and Mohamed Abdullah. www.setc.co.za OUR FACILITATORS & PARTNERS Our trainers are registered either as Facilitators, Assessors and/or Moderators with the relevant SETA. The Heads of Department are also registered Skills Development Facilitators. AL We are proud to be associated with the following companies, institutions, Our hands-on approach, from the organisations and service providers: initial interview through to funding, and even when declining funding, is based on empathy and has helped us build enduring relationships beyond the mentoring period. Our Team M Hasan Evans Head of Training (B.Comm Accounting, PGCE, MBA 2nd year student) Zulfah Adams Head of Mentoring & Business Coaching (Sales & Marketing Diploma, Bookkeeping Diploma) Jamila Ukuleko Facilitator (Bachelor of Business Administration) RELIABLE ® HOME CAREGIVERS SIMPLIFYING DAILY LIVING FOR FAMILES IN NEED. REG.NO. 2013/161847/70 R ® ELIABLE HOME CAREGIVERS SIMPLIFYING DAILY LIVING FOR FAMILES IN NEED. REG.NO. 2013/161847/70 Consultant Facilitator Zarina Mia MSc. (Organisational Behaviour) Sadia Adams Receptionist/Admin Clerk S A N Z A F 11 ” Mold, Build, Transform your stepping stone to your dream. ” 63 Dolly Rathebe Road, Ground Floor, Fordsburg Tel: 086 1 SANZAF Tel: 086 172 6923 Fax: 086 665 4089 Email: setc@sanzaf.org.za www.sanzaf.org.za