Social TV
Business

Five entrepreneurs hand-picked for enterprise funding in Northern Cape

Catherine Riet, an emerging farmer from Britstown, is one of the five entrepreneurs in the Northern Cape region that has been cherry-picked for further business support and funding. Despite not having any formal qualifications, her business plan was selected for its vision, the strong market demand for red meat as well as her dedication during the mentoring process, which demonstrated her passion and unwavering hard work.

Four of the five selected entrepreneurs are women, a positive sign considering that women make up over 50% of the total population in the Pixley Ka Seme district.

“Ek het ook die werkloosheid en armoede in ons dorp raakgesien. Deur my besigheid kan ek werkskepping gee en ook vroue en jeugdiges motiveer om belang te stel aan boerdery,” said Catherine Riet.

Catherine says her five-year plan is to be positioned as a ‘strong black commercial farmer’ and to expand her farming to include greenhouse vegetable production.

The five entrepreneurs, based in the Northern Cape towns of Hanover, Britstown, Philipstown and De Aar, have been working alongside trainers and business mentors for several months. They were selected for further development and funding following a stringent enterprise stimulation programme.

“During the mentoring programme, these entrepreneurs developed workable business plans to accelerate their business over the next 12 months. Items such as tools, equipment, livestock, seeds, irrigation systems and specialised training are part the plans,” explained Harrisinah Theka, Economic Development Officer for De Aar Solar Power, who fund this programme as part of its Enterprise Development Programme.

“Other than the fund management service alongside the mentor, they also receive business support services such as business bookkeeping, compliance, tax support, marketing collateral and other administrative services to support their growth, monthly business workshops guides access to opportunities and other small business information,” concluded Theka.

.

Related posts

End of cheques a giant leap into digital payments future, says FNB CEO

Mapule Mathe

SANRAL includes SMMEs in N2 and N3 road upgrades

Mapule Mathe

Youth entrepreneurs benefit from funding to keep their businesses afloat

Mapule Mathe

Entrepreneurs get support

Mapule Mathe

Hippo.co.za launches free Fibre Comparison Tool for Businesses

Mapule Mathe

R1000-a-day Slow Fund applications can now be made on WhatsApp with SMMEstart

Mapule Mathe

Leave a Comment