LEDET Invests in Three Year Intensive Entrepreneurial Programme
Whilst Limpopo has been a beneficiary of many infrastructure investment initiatives such as railway lines, power stations, roads and factories, the unfortunate reality is that this has happened with very limited participation of Limpopo entrepreneurs. Some of the reasons have been lack of technical skills, entrepreneurial capability and knowledge of opportunities.
LEDET has designed programmes to create an enabling environment for SMMEs and Cooperatives development to build the Black Industrialists who will improve the quality of life of the people of Limpopo Province. The programmes include the following:
- Skills development interventions focussing on producing artisan scarce and critical skills, building trades for sustainable businesses;
- Cultivating a culture of entrepreneurship through Entrepreneurship boot camps to plant the seed and scout for potential;
- Provision of enterprise and supplier development interventions to help grow SMMEs and Cooperatives;
- Cooperatives and SMMEs 10% Government preferential procurement programme
- Scale-up for growing SMMEs;
- Facilitation of access to market
- Facilitation of access to funding
LEDET in its partnership with SETAs, State Owned Companies and Private Sector will be implementing initiatives that promote vibrant and equitable sustainable rural communities and ensure sustainable development.
We have mobilised the business community to support these programmes as they are encouraged to not only justify their existence by proving their ability to generate profits but also by their ability to prove that they are a force of good. State Owned Companies such as Transnet and private sector entities such as 3M, Schneider Electric, Adcorp, Eskom and SAB have responded to the call positively. Implementing these plans requires highly skilled individuals with the ability to match local conditions and needs in the Province with Skills, Enterprise and Supplier Development opportunities in the Public/Private Sector for impactful sustainable development.
We are in discussions with more businesses to be able to empower the people of Limpopo in a way that set new standards of transformation in our country.
A number of initiatives are to be rolled out to ensure awareness, access and participation of our people in these programmes. The boot camps are designed as one of the initiatives to kick-start the 3 year programme. The aim of these boot camps will be to unearth hidden and ascent entrepreneurial talent across all districts of Limpopo. Aspiring entrepreneurs will go through four days entrepreneurs’ boot camp workshops scheduled to take place on the following respective days.
- Vhembe District, 12 – 15 May 2016
- Waterberg District, 09 – 12 June 2016
- Mopani District, 23 – 26 June 2016
- Sekhukhune District, 07 – 10 July 2016
- Capricorn District, 14 – 17 July 2016
Identified enterprises will be developed through intensive incubation programme, a period of capacity building, mentorship and coaching for entrepreneurs to ensure running businesses in a sustainable manner programmes.
Limpopo’s entrepreneurial activity is improving but still lags behind. Aspirant and existing entrepreneurs face huge challenges and frustrations. It has been said that the most competitive nations are those that have the highest level of entrepreneurial activity. SMMEs and Cooperatives tend to be the greatest creators of jobs and collectively, the greatest creators of wealth in emerging economies. It is for these reasons that LEDET is investing in these programmes for the next 3 years.