multi-national mining company business training and support programme

solutions provided

 

  • Business development mentorship support to 97 enterprises
  • Facilitated market linkages
  • Introductions to SCNET and SA Supplier Diversity Council and Smart Procurement
  • Provided training and mentorship in contract negotiation and payment procedures and terms
  • Facilitated access to finance from the client and/or other financial institutions

geographic reach

 

  • Gauteng
  • Free State

duration

 

  • April 2014 – current

the client needed a programme that provided

 

  • A full programme of mentorship support for funded SMEs over a period of three years.
  • Business mentorship and tailored business coaching.
  • Back office support services for the client’s funded SMEs such as, accounting and bookkeeping services; compliance; human resources services; branding and marketing solutions and business development support.
  • Business development training solutions based on SME’s needs.

the programme has had a significant impact over a 3-year period

332

Jobs created since 2014

6,87%

Average growth rate of 37 businesses over a 3-year period

21

Businesses showed revenue increases

97

Total number of SMEs supported since inception of the programme

enterpriseroom helps a multi-national mining company achieve transformation milestones

 

The client provides loan funding to SMEs via several funds across all provinces. At the same time, the client recognises that there is a need to provide SMEs with non-financial support, to maximise the opportunity for SME success and repayment of the loan funding.

Enterpriseroom is responsible for supplying business development support to the various funds the client has set in place. These funds include a community fund, co-funded with the Jobs Fund, a partnership fund with two other organisations, a supply chain fund, and a green fund.

 

Business development support services to the enterprises include mentorship and development training on business planning, financial management and record keeping, business model canvas and strategy, compliance, marketing and social media, sales and human resources management.

 

Enterpriseroom manages a range of business development support services to the enterprises, including:

 

  • Full service mentorship programme
  • Business mentorship and tailored coaching
  • Accounting and financial management services
  • Leadership and strategy development