The Gauteng government has declared its five months old enterprise development initiative Vuka Mentorship Programme as a resounding success.
The programme sponsored by the Gauteng Department of Sports, Recreation, Arts, and Culture was launched in January and managed the mentoring process of 20 entrepreneurs who reside all over Gauteng, including Ekurhuleni, Johannesburg, Tshwane, the West Rand, and Sedibeng.
Gauteng Provincial Deputy Director of Visual Arts, Craft and Design, Mthunzi Ndimande said the programme said the programme has laid a foundation for these entrepreneurs’ long term success, by transforming their fundamental business strategy.
“The tools that the Vuka Mentorship ProgrammeTM has provided has helped to transform the business mind sets of the participants from being purely product-centric to being more market based. Subsequently, they are now more strategic in their business focus, and can correctly identify what business opportunities are available, and how they can make use of this in alignment to their business offering.”
He added that the programme has also raised the confidence level of the participants, which will ultimately provide them with the motivation to build successful businesses that will add lasting value to the economy.
Sharon Reed, CEO of Neosho119, which runs the Vuka Mentorship Programme, said the initiative has the requisite tracking mechanisms and tools to ensure that big companies can cultivate viable small, medium and micro enterprises as part of its local procurement and supply chain strategies.
“Ultimately, we have the capabilities to effectively assist the widespread creation of small, world class businesses, which in turn, stimulate job creation opportunities.”
“It is crucial that more South African companies and organisation become involved with The Vuka Mentorship ProgrammeTM, so that more entrepreneurs can reap the initiative’s benefits and become positive contributing members of society.”