Incubator

The Centre for Entrepreneurship & Rapid Incubator (CfERI) was launched by the Vaal University of Technology in partnership with SEDA, Department Small Business Development (DSBD) in November 2017. The CfERI transitioned to Sol Plaatje University on 01 June 2021.

The purpose of the Centre for Entrepreneurship & Rapid Incubator:

• to support and enhance existing entrepreneurship initiatives in the ZFM District.
• encourage entrepreneurship amongst the youth and the unemployed.
• establish sustainable businesses that can lead to job creations.
• support female and disabled entrepreneurs.

The West Coast College has established the CFERI through funding provided by the Small Enterprise Development Agency (SEDA) to promote youth entrepreneurship and mitigate the constraints associated with the failure of youth owned start- up and early stage enterprises within the first three years of establishment. We aim to support start-up and early stage previously disadvantaged entrepreneurs with resources and services to increase their success which is measured by profitable and self- sustaining growth- oriented ventures that will contribute to the creation of jobs and economic growth in

The Centre for Entrepreneurship Rapid Incubator (CFERI) programme is an entrepreneurial initiative focused on assisting college and university graduates in starting their own businesses. 

Lovedale CFERI’s support

Operations

• Business Sector
• Agriculture, ICT & Manufacturing
• Other industries
• Skills development & Training

Administration

• Coaching & Mentorship
• Business Training

Compliance & Registration

• Tax
• BBBEE & CSD
• Funding Applications

Stakeholder Partnerships

• EC Govt
• Buffalo City MM & Amathole
• NYDA & SEDA
• ECDC, Other Funding & Business Support Institution

Finance

Centre for Entrepreneurship Rapid Incubator (CFERI) seeks to promote and develop young entrepreneurs in the province of Mpumalanga. The purpose of the Centre is to develop self-sustainable entrepreneurs (start and grow activities) who can make a contribution to the economy of Gert Sibande District and to become fully-fledged and legally complying economically sustainable SMEs. 

CFERI offers the following services; 

• Mentorship and coaching;
• Capacity development;
• Business compliance;
• Training and skills development;
• Back office support; 
• Network and linkages; and 
• Facilitates access to

The Daily Grind Hub is a facility with space for thinkers, innovators and entrepreneurs to get the support, coaching, and mobilisation they need. 

The Daily Grind Hub offers the following services; 

1. Incubation 
   • Pre-Incubation: Innovation assessment, business plan, business modelling and training
   • Incubation: Access to finance and coaching and mentoring, hosting, training, commercialization, and advanced business planning. 
   • Post-Incubation: Innovation diagnostics, international support, technology commercialization, clustering business development. 
2. Co-Working Spaces
3. Codetrepre

We develop interactive and immersive virtual environments for practical training, product development and virtual commissioning. To alleviate the challenges of accessing immersive hardware, we assist in setting up virtual labs to create new business ventures and activate the third stream of income for existing enterprises. 

Imbaliyesizwe Beaded Jewellery, which means "the flower of the nation," is a company that produces beaded bracelets, bangles, earrings, and necklaces.Imbaliyesizwe Beaded Jewellery, which means "the flower of the nation," is a company that produces beaded bracelets, bangles, earrings, and necklaces.

Softstart BTI provides an integrated package of workspace, shared office services, access to specialized equipment and value-added services like management assistance, access to finance, marketing and networking support.

Softstart Business and Technology Incubator (Softstart BTI) has full support and sponsorship from the SEDA Technology Programme (STP) a programme under the Small Enterprise Development Agency of the DSBD. 

Business Development Areas:

• Technology - The design and development of the actual products and services that will be delivered to the customer.
• Operational - The

Soshanguve Manufacturing Technology Demonstration Centre (SMTDC)  is a business incubation centre which aims to contribute to the creation and development of sustainable township enterprises.

Offerings 

Pre-Incubation

• Business Model Canvas
• Business Plan Development
• Panel Presentation
• Business registration (CIPC)
• Growth Plan
• The Business Toolbox
• Basic Computer Skills

Incubation

1st year – Introduction

• Self mastery (from Survivalist to Opportunist)
• Compliance
• Marketing
• Finance
• Human resources
• Production and Operations
• Costing and pricing

2nd year – Integration

• Acces

The Platinum Incubator (TPI) is a small business start-up hub devoted to encouraging budding entrepreneurs to develop world-class products and applications using Platinum Group Metals (PGMs).

Objectives;

• Advocacy - To create an environment conducive to the conceptualisation of PGM-related products in SA.
• Incubation - To bridge the gap between academia and enterprise.
• Commercialisation - To provide post-incubation services and infrastructure that will sustain enterprises within the PGM space and give them economic independence.