Search Business Insights

Business Directory

Explore Our Directory Of Certified Business Partners

22 Jan
2019

Property Point and its Small Business Graduates Excel at SA Business Incubation Awards


incubation

Business accelerator Property Point and four of its small business graduates dominated this year’s SA Business Incubation Conference Awards

incubationTogether they won three of the six categories and walked away with a total of five awards.

The award winners were announced at the South African Business Incubation Conference held in November and hosted by the Small Enterprise Development Agency (Seda) in partnership with the Department of Small Business Development (DSBD). Minister of Small Business Development, Lindiwe Zulu, presented the awards.

The awards recognise and encourage best practice in the enterprise development space. Their winners encapsulate the heart of the enterprise development ecosystem. The award categories consider the variety of programmes that have benefited from various Seda and DSBD initiatives.

Property Point, the Growthpoint initiative, won Accelerator of the Year for its exemplary programme. It earned the award based on its unique model, innovation, outputs, funding streams, and partners. Property Point’s growing network of partners includes Growthpoint, Attacq Limited and the Department of Small Business Development (DSBD).

incubationShawn Theunissen, head of Property Point and head of Corporate Social Responsibility at Growthpoint, says: “We are delighted to win this prestigious award, but even more excited about the awards that the Property Point graduate businesses won. These superb businesses and successful entrepreneurs richly deserve the recognition they are achieving. We couldn’t be more proud of them.”

Thatego Holdings won Outstanding Graduate Entrepreneur of the Year. With the award, owners Thabo and Dorcas Malefetse collected R300,000 for their business. This award recognises entrepreneurs who are successful post incubation/accelerator support. It is judged on turnover growth, job creation, diversification, technology improvement, honours received and corporate social responsibility. Makasela Air, owned by Tiyani Khoza, was awarded second runner-up in the category.

Kusile Hygiene ‘n Industrial Services won the Outstanding Accelerator Client Award, with owners Olga and Sifiso Ncube collecting R300 000 for their business. This award recognises an outstanding client of an accelerator programme that has shown innovation, impact through problem-solving, at least 30% growth in turnover and employment creation within the first year of its accelerator support. Mila Cleaning was awarded first runner-up in the category. It is owned by Charlotte Khoza and Annemarie Mostert.

Property Point was launched by Growthpoint in 2008 and has established a decade-long track record of successfully developing sustainable small businesses. Over the past 10 years, it has changed the small business landscape in the property sector. It has facilitated market opportunities worth R1.14bn for the 168 SMEs that have taken part in its two-year enterprise and supplier development programmes. It has also created more than 2 405 full-time jobs. Its SMEs report an average 44% growth in revenue.

 

Business Essentials is Africa’s premium networking and business directory.

Read more from our Press Room:

____

RLB Opens New Chapter In Its Expansion Strategy

____

Youth Empowerment & South Africa’s Start-up Culture

____

Employment Rates Contributing to the Increase of Employment



Related Service Providers:

Property Point


Related Articles:


3 Steps to a Sustainable Paperless Environment

How do you turn your business into a paperless environment? Is it as simple as stopping all printing and just doing everything digitally? What about storing and retrieving documents? The list of questions can get really long!



SA Businesses Have a Challenge Ahead of Them – Creating an Ethical Business Culture

By Maurice Kerrigan Africa 0 comment(s)

Jamsco Continuous Improvement

By Jamsco 0 comment(s)

3 Steps to a Sustainable Paperless Environment

By Green Office 0 comment(s)

Debt Stress? No Worries

By Meerkat 0 comment(s)

Mauritius: Trade Marks Filed “In Defiance of Commercial Morality”

By ENSafrica 0 comment(s)