Weekly Entrepreneur Opportunity Update No.19

We are back and hopefully updating ZApreneur at least once a week.

Tshimologong Entrepreneur Weekend Bootcamp

Apply for the start-up weekend happening on the 19th and the 20th of August. Please note that the weekend is FREE to Tshimologong Members & Wits students. The weekend will get everyone “incubator-ready” and give you a chance to reflect on where you’ve been and where you’re going. It will give you the technical foundations needed to make the next giant leap.  Free for Tshimolong members (like ZApreneur 🙂 and R 500-00 for non-Tshimologong members. To apply, fill out this form.
 
 

Future Female Platform

Future Females, a platform where women entrepreneurs can network and get support, aims to grow its user base to 20 000 female entrepreneurs in its first year. The platform is a Facebook group, which is such an awesome simple way to do this. (Via Memeburn)
 

Demo Africa

The application window to launch at DEMO Africa has been extended to end of August 2017, giving startups more time to refine their applications and those who were time barred can now look forward to finalizing their applications. This is awesome opportunity. Go get your demo going. Click here.
 

More than Flatpack Furniture – Opportunity with Ikea.

 
Ikea, in collaboration with Rainmaking, is inviting startups from across the world to apply for the bootcamp, which is focused on affordability, accessibility and sustainability and will see 10 selected startups spend three months in Sweden at the heart of the Ikea Range and Supply Democratic Design centre.  The winners get to Work from Ikea new co-working space in Älmhult together with the IKEA Range & Supply global innovation team and get free housing and a 20,000 EUR grant to help you develop your product and startup. Unpack your vision.

Smart Cities Innovation Challenge

Stellenbosch-based incubator Launchlab and JSE-listed investment company Attacq have teamed up again to launch the Smart Cities Innovation Challenge, with the pitching platform opening on 31 August. LaunchLab will host a workshop on 17 August in Stellenbosch to detail current focus areas for the challenge in location technologies, transportation, security, black screen technology and technology. Click here
 

National Pavilion 2017/18

The National Pavilion run by the Department of Trade and Industry (DTI) provides businesses with an opportunity to exhibit at some of the largest trade shows in the world. If you are exporting and looking to grow your business, this might be an excellent opportunity. The DTI explains the National Pavillion as follows:

The Department of Trade and Industry (the dti) will be participating in various exhibitions, trade shows and National Pavilions to promote locally manufactured products in international markets. The department invites manufacturers and registered exporters to participate in the international trade shows listed in the links below. If your company is competitive in the South African market, has been in business for at least two years and is export ready, it stands to benefit from the dti‘s Export Marketing and Investment Assistance scheme.

The list for 2017/18 is shown below:
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To download the brochure,  and receive further details, click the button below.
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Should the download not work for whatever reason, click here to download directly from the DTI.
 

Street Business School

Street Business School looks incredibly interesting take on venture capital in South Africa. They are looking for 10 individuals to particapate in a three-year programme that provides practical opportunities. Here is what they have to say on their website:

Street Business School is a three-year programme that provides practical opportunities for aspiring, high-potential entrepreneurs to build start-ups and gain real-world commercial business experience.

What are we looking for?

We are looking for 10 people who have a desire to create their own personal wealth through hard work and persistence.
We are not looking for established entrepreneurs, but rather for individuals who have the potential to develop and grow commercial businesses.
We live in the land of opportunity and we are looking for individuals who see commercial value where others don’t. Most importantly, we are looking for job creators and not job seekers.

The conditions for a possible investment are also made clear. These are summarised in the graphic below.

street venture criteria

To apply, visit the Street Business School Website. Click Here 

SAICA offering discounted back office services

SAICA and J.P. Morgan sets out to help 100 SMEs reach new heights. Through the Enterprisation J.P. Morgan flagship project, 100 Gauteng SMEs will be selected to receive partially subsidised back office accounting support and financial training for a period of 18 months. The aim is to help them become sustainable businesses, and also to drive economic growth.

he key objective of the J.P. Morgan Enterprisation flagship project is to help SMEs reach the level of sustainability that allows them to drive economic growth and create employment. For this reason, SMEs accepted into this project will be measured against four key goals: compliance, revenue growth, profitability and employability.
To apply to be a part of the project, SMEs must:

  • be owned by a SA citizen
  • be successfully operating for a minimum of three years
  • have an annual turnover of between R500 000 and R10 million
  • be at least 51% black owned
  • operate only in South Africa
  • have valid tax clearance
  • have a valid BEE certificate/affidavit
  • be registered with the Companies and Intellectual Property Commission (CIPC) and have valid CIPC documentation
  • have an active business bank account
  • employ a minimum of two people (excluding directors and owners)
  • not have an accountant at present
  • not currently be a client of SAICA’s enterprise development entities
  • be willing to attend SAICA-hosted training and workshops.

SMEs that operate in the top-performing industries in South Africa – namely ICT, tourism, infrastructure, agriculture, transport & logistics, manufacturing, media and entertainment, and education – will be given preference for entry onto the project’s shortlist.
How to apply?
Business owners who would like their SMEs to be considered for the J.P. Morgan Enterprisation flagship project should note that the application consists of two steps: an initial online application and, should your SME be shortlisted, a 15-minute pitch presentation to a panel of judges who will select the 100 SMEs that will take part in the project.
To submit your application, visit www.saica.co.za, click on the Enterprisation J.P. Morgan project banner, and fill in the online application form.
Please note that online applications close at midnight on 15 January 2017. SMEs shortlisted for the project will be contacted by 18 January 2017 to set up a presentation to the panel during February.

National Gazelles programme -Open for Applications

national gazellesDoes your business meet the following criteria?

  • Minimum two years actively in business (i.e. trading)
  • Minimum two full time employees (can include business owners)
  • Turnover of at least R1-m in last financial year
  • Evidence that you have a financial management system in place

If yes, than the government initiative called National Gazelles may just be the opportunity you need to take your business to the next level.

The National Gazelles is a national SME growth accelerator funded by Seda and the Department of Small Business Development. Currently in a three-year pilot, the programme aims to identify and support SMEs with growth potential across 10 priority industry sectors aligned with the National development Plan and Seda’s SME strategy. SMEs are identified through an annual call for applications, with selection done independently by private and public sector partners.
The programme aims to assist each business to operate as closely as possible to its maximum potential. Growth acceleration support is guided by a detailed business diagnostic and growth strategy, and includes a R1-million growth grant for equipment and capacity-building, facilitated access to finance, productivity and business advice, business skills development and more.
Become involved in this programme in three ways:
  1. Apply to become a Gazelle
  2. Nominate a company
  3. Join the mailing list if you will be eligible in the future.

ZipZap – Low cost portable credit card machine

One of the most frequent requests I receive from entrepreneurs is around low-cost point of sales options. ZipZap looks like a good option, and we asksed ZipZap some questions.
ZipZap
 

ZipZap looks like an excellent product. Our readers might not know about what ZipZap does. Please give us your elevator pitch?

ZipZap is a portable credit card machine – or mPOS as it’s known – that works wherever you do business. This means that you can take payment with a debit or credit card anywhere, any time. ZipZap works with your smartphone or tablet through a free app that links to a separate secure card reader, and you can have several ZipZap devices linked to one bank account. There are three different payment options on offer to best suit your pocket and cash flow, and the transaction fees are the cheapest on the market.
 

How does this benefit businesses in South Africa?

ZipZap’s philosophy is all about growing small businesses by giving them a mobile, cost-effective payment solution. After investing in a mPOS device businesses generally report a higher turnover because they no longer turn customers without cash away. They’re also able to reduce bad debt because they don’t have to chase after EFT payments, which ultimately results in better cash flow.

How is it different from products being offered by large banks?

Our products are similar, but what sets us apart is the lowest transaction fees, various payment options, and our latest offer – South Africa’s first free mPOS device for businesses who’s turnover exceeds R25 000 per month in MasterCard or Visa card swipes. You can bank with any South African bank and you do not need a merchant account – we will open one on your behalf and handle all the admin. We also believe that our caring and attentive view to customer service is a big differentiator for us.

Do you have any plans of partnering with larger financial institutions?

ZipZap offers a white label solution to any organisation or financial institution wanting to offer a mPOS solution to their customers. We can provide a complete mPOS solution that includes app development and deployment, card readers, transaction processing, technical support and a customer call centre; all off the back of our tried-and-tested technology and back-end services.

What would the ideal business look like to benefit from ZipZap?

ZipZap has thousands of happy customers that include markets, doctors, health and sports professionals, artisans, retailers, bakeries, hairdressers, beauty salons, micro-breweries, B&Bs, restaurants and many more. If you are a mobile business, don’t want to rely on a fixed point-of-sale terminal or would like a back-up for your traditional POS, ZipZap can benefit you.

Let’s talk money. What does it cost to get started with ZipZap? How is payment processing charged?

We offer three different payment options. All transaction fees are 2,75% (Ex VAT).
Free ZipZap

  • Free ZipZap (worth R1599 ex VAT) if your MasterCard and Visa card transactions exceed R25 000 per month
  • No activation fees
  • No monthly rental fees*
  • 24 month contract (month-to-month thereafter)

* If your MasterCard and Visa card transactions are lower than R25 000 in any month, you will be charged a rental fee of R150 for that month
Buy a ZipZap

  • Pay the once-off fee of R1 599.00 by credit card or via EFT
  • No monthly rental fees

Rent a ZipZap

  • R150 per month
  • No activation fees
  • 24 month contract charged in arrears (month-to-month thereafter)
  • No rental fee if your MasterCard and Visa card transactions exceed R25 000 in any month

If possible, could you provide us with a couple of companies that are using ZipZap?

ZipZap encourages customers to share their mPOS stories. Click here to read one of our many happy customer stories.
For more information visit www.zipzap.co.za
 

The rise of Artisan entrepreneurs in South Africa – and what it takes to succeed

Editors Note: This article written by Stephen Cohen of SAGE is an important one, talking about a trend that is increasingly not a trend – it is becoming part of our eveyday. The promise of artisan entrepreneur is a tempting one  – earn a living, grow a business and do what you love. But, as Cohen shows fullfilling this promise to yourself will require smarts, and hardwork.
The rise of Artisan entrepreneurs in South Africa – and what it takes to succeed
Around the world – from the trendy east of London to the hipster capital of Montreal’s Mile End – the so-called ‘flat white economy’ continues to rise. It comprises the thousands upon thousands of artisan entrepreneurs selling craft beers, ethically sourced coffee and organic, gourmet foods to consumers who crave healthy, sustainable and authentic eating experiences.
Artisan entrepreneurs started their rise after the 2008 recession. Just consider the fact that nearly one in five beers consumed in the US today is a craft brand, or that specialist coffee shops sales in the US have tripled to nearly $50 billion since 2002. And the trend has been picked up in South Africa, with more and more Small & Medium Businesses across the country serving customers with locally sourced ‘farm to table’ food and handcrafted products.
Continue reading “The rise of Artisan entrepreneurs in South Africa – and what it takes to succeed”

Township Entrepreneur Alliance Business hosts Township Business Innovation Seminar

The Township Entrepreneur Alliance (TEA) invites businesses to attend the Township Business Innovation Seminar in Tembisa. The event sounds interesting, and in fact is focussing on a major issue – business innovation. The details for the event are below:

Township Entrepreneur Alliance (TEA) would like to invite you to the 2nd annual Township Business Innovation Seminar that will be a much more in depth session that will help you to create your own products and innovate your business to the next level. This invite is for all start-ups, SMME, Aspiring Entrepreneurs, Professional, Academics and the community.
Township Entrepreneur Alliance
 
Activities on the day:
– Panel Discussion on how business can innovate
– Pitching Workshop + Competition with amazing give-aways
– 40 Stalls will be available to display your business
– Talks
– Live Business advisory
– Network Pods
Date:25 NOVEMBER 2016 (Friday)
Registration:11:00am – 12pm event begins
Entrance: FREE
Venue: Rabasotho Community Hall, Tembisa (Next to Tembisa Police Station & Tembisa Municipality) 180 Andrew Mapheto Drive, Tembisa
GPS Co-ordinates: -26.008593, 28.218679
For more info: 073 091 0370 (Junior) – 011 047 0707
Remember, opportunities to host a stall remain open.

TaxTim launches easy tax return completion tool for SMEs

TaxTim  has launched a company tax return tool, that offers small businesses a new option to handle all their tax affairs. Anyone, running a business – especially a small business, where the owner multitasks – knows that regulatory compliance is a major issue. This new offering offers a way to complete tax returns, and in so doing makes it just that much easier to focus on running the business. Remember, what Michael E. Geber said:

“A true business opportunity is the one that an entrepreneur invents to grow him or herself. Not to work in, but to work on.”

 
TaxTim
 
Below please find the press release from TaxTim:
Continue reading “TaxTim launches easy tax return completion tool for SMEs”

Zapreneur – Cool South African Products

Zapreneur wants to provide a showcase of South African products.
The reason for doing this are:

  1. Smaller companies need a way to get messages out to customers about their products; and
  2. Consumers looking to buy high quality South African products do not have an easy place to find it.

Zapreneur provides the platform to find South African products.
We will provide to small businesses:

  1. Daily deals – Traditional daily deals websites receive a slice of each sale. On Zapreneur, businesses only pay a fixed fee to run deals. We will publish and promote the deal, but businesses remain responsible for processing payments.
  2. A space to showcase their products – This is not just a business listing, but you will have a space to showcase your products, and link to your website.
  3. Affordable marketing platform that supports small businesses.

If you are a South African business selling products or services and are  interested in taking up this offer, please fill out the form below and we will be contact in the next few days.
 
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