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: [email protected]
www.sanzaf.org.za