Establishing a Culture of Entrepreneurship - HRDC Summit Presentation
This presentation made to the HRDC Summit focuses on establishing a culture of entrepreneurship in South Africa. It covers topics like optimizing government training programs, easing business constraints, and promoting micro-franchising strategies.
Download Presentation
Please find below an Image/Link to download the presentation.
The content on the website is provided AS IS for your information and personal use only. It may not be sold, licensed, or shared on other websites without obtaining consent from the author. If you encounter any issues during the download, it is possible that the publisher has removed the file from their server.
You are allowed to download the files provided on this website for personal or commercial use, subject to the condition that they are used lawfully. All files are the property of their respective owners.
The content on the website is provided AS IS for your information and personal use only. It may not be sold, licensed, or shared on other websites without obtaining consent from the author.
E N D
Presentation Transcript
Presentation made to the HRDC Summit Establishing a Culture of Entrepreneurship Mzwanele Memani Department of Small Business Development 29 & 30 MARCH 2016
Outline Background Entrepreneurship ecosystem Our contribution towards the establishment of a culture of entrepreneurship Optimise the performance of the government s training programmes and incubators 2
Outline (2) Ease the constraints within the business environment Develop a national web portal Promote the adoption of a micro-franchising strategy Conclusion 3
Background Various claims that South Africa has low levels of entrepreneurship, yet research does not seem to capture millions of entrepreneurial activities (townships and villages) Global Entrepreneurship Index (2016) states that SA ranks #52 out of 132 countries on quality of entrepreneurs (ahead of all Sub- Saharan Africa) DSBD has a mandate to develop an Entrepreneurship Plan 4
Entrepreneurship ecosystem Source: Babson College 5
Our contribution towards the establishment of a culture of entrepreneurship Centres for Entrepreneurship Programme and Rapid Incubation Programme Supported Start-up weekend (Durban) in 2014 run by UKZN Close working relations with the Start Up Nations (Innovation Hub, Wits & IDC) Transversal Agreements with other gov depts (new Innovation Fund by DST) Participating in the LOC to host GEC 2017 6
Centres for Entrepreneurship Ekurhuleni West College - Manufacturing Gert Sibande TVET - Hospitality & artisans False Bay TVET - Hospitality & artisans DUT - Clothing, leather and textile Orbit TVET Automotive Ikhala TVET Agriculture & agro-processing Goldfields TVET Renewable energy VUT (Upington) - Technology Vhembe TVET - Engineering 7
Ease the constraints within the business environment So far the department has rolled out the Red Tape Reduction Guidelines to all the provinces Few provinces have set up red tape reduction units More provinces are being encouraged to establish these units Regulation to be flexible to welcome innovative ideas and disruptive enterprises 8
Develop a national web portal A responsibility to develop a portal in phases; The first phase focuses on access to finance; In this regard, a web-based platform, FinFind, was launched at the end of October 2015; Next phases will focus on the database, business development services and access to markets 9
Promote the adoption of a micro- franchising strategy Micro-franchising has been adopted as a key driver of entrepreneurship; DSBD plans to package 15 profitable small business over the next three years; With additional funding, this number can be increased; Culminate into a Franchising Strategy 10
Conclusion Overall, progress has been made in implementing the recommendations of the HRDC s Enabling Entrepreneurship Task Team; However, there is a need to strengthen co- operation in relation to entrepreneurship promotion as well as mobilise additional funding to support innovative ideas. 11
THANK YOU 12
