A new enterprise development programme, organised by Fetola and JP Morgan, is looking to groom small businesses that have a focus on the green economy.
The programme is launching with a Gauteng Province focus.
Small businesses based in Gauteng that have a Green sector or sustainability focus and have been in operation for at least 9 months are invited to apply. There are 25 places available in the first phase of the programme.
The programme is titled: #JustAddGreen.
According to stakeholders, the programme is the start of a long-term national strategy which will engage Government, corporates and other role players keen to support the SA’s emerging Green economy.
Fetola’s #JustAddGreen initiative aims to stimulate and strengthen emerging businesses to become environmentally sustainable suppliers to corporates, and successful businesses in their own right.
“Interest in the green economy is rapidly increasing amongst citizens who recycle, reduce energy usage and strive to eat healthier food. There is also a growing awareness in sustainable practices in South Africa from Government, the corporate sector and finance houses alike, making this a timely initiative. In terms of what makes a business ‘Green’, this is open to various interpretations and from our side we invite any environmentally value adding businesses to apply,” explains Fetola Director, Catherine Wijnberg.
According to Wijnberg, #JustAddGreen is in an ideal position to facilitate links between SMEs and corporate supply chains that are looking to source value-adding suppliers, or keen to add Green, eco-friendly or organic elements to their bottom-line reporting. The initiative has been designed to allow corporate partners to satisfy both their BB-BEE performance targets (including enterprise and supplier development targets) and environmental performance targets.
Using a holistic business support model developed by Fetola, SMEs will be supported in their businesses to prepare them for rapid growth and, where appropriate, entry into the corporate supply chain. The programme will offer training, mentorship, personalized consulting support and access to business tools, templates and resources.
“We are seeing increasing numbers of ‘green’ SMEs approaching us to join our acceleration programmes, seeking long-term solutions to growing pains such as lack of systems, costing and pricing challenges, poor sales, staff productivity problems and the like,” says Chantal de Kock, national E&SD programme manager at Fetola.
The application process is open until 08h00 Monday 17th of August 2015. Interested candidates are invited to visit www.fetola.co.za for more information on how to apply, or contact Amanda Dinan on 0861111690 or via email on firstname.lastname@example.org.