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Bosch Ulwazi hosts first Enterprise Development Breakfast
On 27 November 2014, Bosch Ulwazi hosted its first Enterprise
Development Breakfast. Deputy Mayor, Counsellor Nomvuso
Shabalala, addressed attendees and commended Bosch
Ulwazi for their enormous contribution to Durban’s Small
Business economy over the past five years. The honourable
Deputy Mayor encouraged other large companies to follow
their example by also investing their time, energy and
resources.
Bosch Ulwazi assists the government, with a mentoring
programme tailored to each business or individual’s needs. The
programme addresses practical issues such as:
• An analysis of the business’ needs
• Identifying challenges and potential pitfalls
• Purchasing of equipment
• Paying of rent
• Arranging for short-term loans during periods of low cash flow
• Training in business admin tasks.
The breakfast honoured corporate and SMME companies
who participated in the Enterprise Development Programme
during 2014 and allowed corporates the opportunity to further
engage with SMMEs.
Thus far, 37 SMMEs have benefited from Bosch Ulwazi’s
Enterprise Development initiative.
Among the honoured guests were up-and-coming
entrepreneurs, as well as Dr Sixtus Sibeta from the
Department of Economic Development and Tourism. This
breakfast is envisaged to be an annual event aligned with
Global Entrepreneurship week and all involved are already
eagerly anticipating this year’s event.
Balan Govender – [email protected]
Above: Balan Govender (back centre) surrounded by the
entrepreneurs from the programme.
Main Picture: Deputy Mayor, Counsellor Nomvuso (second left)
with Bosch Holdings and Bosch Ulwazi management.