Tag Archives: Entrepreneurship

Department of Tourism launches incubation programme for tech savvy entrepreneurs (IOL)

Digitalisation has the potential to open new frontiers and improve resource management efficiency and sector competitiveness in tourism, says the Department of Tourism. To this end the department in collaboration with the Technology Innovation Agency (TIA), an entity of the Department of Science and Innovation (DSI), today launched the Tourism Technology Grassroots Innovation Incubator Programme […]
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SMME’s appealing for access to renewable energy (Sabc News)

Small business owners in the Free State are appealing for renewable energy assistance. They say it is a viable solution to the constant power cuts, and ultimately a solution to save jobs. Entrepreneurs say the unemployment rate in South Africa calls for more strategies to create job opportunities. The unemployment rate has decreased from 0.8% […]
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NASA awards $50 Million in funding to small businesses (SBT)

The awards are being managed by NASA’s Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) program. The program provides early-stage funding to start-ups, as well as access to a network of diverse entrepreneurs and innovators. It also gives small businesses the chance to work with NASA programs and other government agencies. The scheme […]
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South Africa’s Payfast launches new initiative to upskill aspiring business owners.(ITNA)

A New 12-Week Development Programme Three cohorts of 10 entrepreneurs each, will take part in Khayelitsha, Cape Town, and Elardus Park, Pretoria, as well as via virtual classes. By the time participants graduate in August, each team will have created their own ‘Recipe Book’ on the subject of online shops.This will be developed during weekly […]
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Google opens applications for R64m fund targeting Africa. (ITWeb)

Digital Economy Google has committed $4 million (R64 million) to fund 60 eligible black-founded start-ups across Africa. The internet firm yesterday opened applications for the second cohort of the Google for Start-ups Black Founders Fund for Africa. The fund was launched in the wake of the 2020 Black Lives Matter movement as part of Google’s racial equality […]
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The battle of African female startups: For every $1 invested in women, $25 goes to men (News24)

Africa’s female entrepreneurs, like their US and European counterparts, are underrepresented when it comes to raising funds. Their startup journeys are also often a lot more arduous, say investors like Polo Leteka, co-founder of Alitheia IDF, the continent’s largest gender-led fund. The issues are “probably more pronounced here because we have more underlying problems”, said Leteka, pointing to her own experience with tapping […]
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New Gibs whitepaper: The Spinach King’s social enterprise scaling strategy during and post Covid-19 pandemic By Anastacia Mamabolo

Based in Gugulethu[1], Lufefe Nomjana established Espinaca[2] Innovations in 2011 anddue to the success of his enterprise, he was soon affectionally referred to as the SpinachKing. The purpose of his business venture was to raise awareness of healthy and affordablefood by offering nutritious bread and other food products made with spinach as a keyingredient. Nomjana […]
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This investor wants to invest R290m into 20 SA businesses. But they must be ‘revolutionary’(BI)

SA does not take startups seriously Though Akindele wants to do deals across the globe – as long as they benefit Africa – he is keen to invest in South African ventures. Platform Capital set up offices in Johannesburg nine months ago and aims to invest $20m in 20 South African businesses a year. The […]
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There is nothing small about the impact small businesses have on our economy.(bizcommunity)

Small businesses and start-ups provide more than just jobs for community members. They also can improve innovation and productivity on a local level and use other businesses in the community such as accounting and IT, while larger businesses develop their own infrastructure. With more support, small businesses have the potential to breathe new life into […]
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SA’s top 5 most employable skills (Moneyweb)

Information technology South Africa is renowned for its sporadic adoption of innovative technology. Even now, in the midst of the Fourth Industrial Revolution, we lag behind the rest of the world in this area. Employable skills (or the lack thereof) in this industry are no exception – of all the skills in demand in 2022, […]
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