Merits

Assistance offered through this project covers the most cited main areas of need identified by individual business owners in this segment: access to markets, finance, and capacity development.

• This second cohort of 100 selected entrepreneurs will start on the programme in July 2023.
• A Business Assessment may be done with each successful applicant, which will assist in creating a roadmap.
• There will be 3 months of specially designed training (via online learning), the facilitation of participation in the CDI’s market platform PEEK, and the development of an intervention/action plan development for the up to R23 000 grant disbursements. Successful applicants will also get administrative support to the value of R5 000 and a total allocation of airtime/data to the value of R3 000.
• The final 6 months of the programme consist of mentoring, grant disbursements, and financial reporting with an additional 6 months of tracking to determine the impact.
• The grant will be unlocked as the business owners achieve specific milestones and can be used for the purchase of equipment and/or other professional services.
• Successful participants will be required to report to the CDI team on a monthly basis and be willing to participate in monitoring and evaluation processes.