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SMME Enrolment

 

1. Selection Process
•    Application letter with portfolio of evidence
•    Business idea proposal
•    Selection committee decide within 2/3 days and communicate back to applicant

Target Group:
•    Learners that completed jewellery design and manufacturing qualification,
•    Graduates from University with diploma in Jewellery design and manufacturing
•    Jewellers with experience without a formal qualification.
•    Race Group: African

Assessment
•    Pitch
•    Interview
•    Practical assessment

2. Pre-incubation

Application Requirements:
•   
Business Idea/plan

Criteria
•    Curriculum Vitae
•    Portfolio of Evidence
•    Business Registration documents if applicable
•    Certified ID Copy

Process during incubation
•    Induction
•    Signing of Non-Disclosure Agreement
•    Identify skills required through Growth Wheel programme
•    Signing of Growth Wheel plan

Pre-incubation period - 3 Months

3. Incubation

Criteria
•    Signing of Incubation Standard Contract
•    Company Registration
•    Tax Clearance
•    Trading

 

Type of Support Hosted SMME Virtual SMME
Work bench & tools Have 1 workbench & basic toolkit Have 1 workbench & basic toolkit
Access to metal Provide access to metal Provide access to metal
Access to consumables Provide gas, oxygen and other consumables Provide gas, oxygen and other consumables
Develop business plan Business Development Officer BDO assists entrepreneur to develop businesses plan. Business Development Officer BDO assists entrepreneur to develop businesses plan.
Provide access to production facility and equipment Liaise with production manager for formal agreements Liaise with production manager for formal agreements
Provide route to market and marketing assistance BDO department assist BDO department assist
Soft skills training – customer & sales, financial management etc. BDO provides BDO provides
Develop brand & marketing strategy BDO department assist BDO department assist
Assist with seeking funding to fund business BDO assist BDO assist
Technical training Production manager & bench work facilitators provides Production manager & bench work facilitators provides
Quality control Provided by Production manager Provided by Production manager
Assist in Business registration , bank account, etc. BDO provide support BDO provide support
Monthly rental R250.00 per month R10.00 per hour

Expected outcomes
•    SMMEs operate legally with all required documents for trading.
•    SMMEs manufacture quality products that meet International standard.
•    SMMEs skilled with administrative and business management knowledge.
•    SMMEs advanced to technological equipment/machinery.
•    SMMEs exposed to local and International market/events.      

 Incubation period - 3 years

4. Post - Incubation

Exit criteria
•    Being incubated and received support for 3 years
•    Full compliance (Trading)
•    Profitable & Self- sustainable
•    Market competitive
•    Office space to trade
•    ISO Certified

Expected outcome
•    Opportunity to apply for Technology Transfer Funds and other possible funding.
•    SMMEs will still have access to machines & equipments they don’t have.
•    SMMEs will still benefit from some of the services offered by the centre.
•    SMMEs will still receive support from the centre as indicated in the graduate tracking tool.

Types of support in Post-Incubation
Funding
•   
SLJI assist SMMEs in identifying potential funders and compiling of all necessary documentations as it is difficult for new SMMEs to get funding as most financial institution are very strict in their business financing schemes.

Infrastructure
•   
We still offer access to infrastructure and technological equipment that the SMMEs does not have as equipment and tools are far expensive for start-up businesses to purchase.

Post Incubation Assistance       
•    SLJI offers an opportunity for SMMEs that have graduated to continue benefiting from some of the services and partnerships that are available through the Centre.

5.     Graduation
•   
Monitoring will be conducted after 1 year of graduation.
•    Tracking tool will be used to monitor the growth and identify challenges faced by the business.

Thuthuka Winning pictures

View the embedded image gallery online at:
http://slji.org.za/our-services/smme-programme#sigFreeId3f899814de

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