Young people encouraged by VTSD Entrepreneurship Development opportunities
Aspiring young entrepreneurs in and around Maquassi Hills Local Municipality were encouraged by the information sharing session during the VTSD Entrepreneurship Development campaign, to seek assistance and start or grow their businesses. The municipality was implementing the campaign as part of the Roma Setsokotsane 10×10 Campaign which is continuing in the municipality.
Tefo Vincent Kgang of Rulaganyang Basha Cleaning Services Cooperative in Tswelelang Township was funded by the Department of Finance, Economy and Enterprise Development – FEED to purchase a machinery for his business.
“We needed funding to kick-start our recycling business. Through FEED we managed to locate the machinery that we needed in the Eastern Cape and it was bought to the tune of R120 000” said Kgang
Kgang is aiming at developing a Buyback Centre and to recycling the recyclable and non-recyclable materials and generate power out of that. He’s aiming at getting more funding to get a suitable site for the business.
“Our ideal site is the official municipal dumping site which has the quantity of waste that we need. The site that we are currently occupying does not have all the necessities to make our business flourish but we remain hopefully that we’ll get the necessary assistance” said Kgang.
Opportunities available for business people like Kgang, were explained to young entrepreneurs by Thabo Ramogogane of FEED during the session, including the importance of registering in the Central Supplier Database.
“We offer funding which we call Economic Empowerment Fund, Access to Markets to expose their products to a larger and broader market in the country as well as training. We have partnership with NYDA and SEDA for training. Our funding starts from R100.00 to R100 000.00 and all you need to do is to send through your proposal with all the necessary documentation for assistance” said Ramogogane.
Young female entrepreneur Tsholofelo Khonyane who’s also aiming at penetrating the recycling industry particularly of non-biodegradable waste, was impressed by the session.
“Through FEED programmes especially Access to Market, I’m able to find places where I can supply my rubber once my business in operational. All young people need to do is to set up different business to eliminate unnecessary competition which create tensions amongst local business people” remarked Khonyane.
Roma Nna Setsokotsane 10×10 Campaign continues this week in Maquassi Hills with the municipality implementing different campaigns such as Roads and Street Lights fixing; Rates and Taxes; Education; Greed, Crime and Corruption; Human Settlements as well as Water and Sanitation.
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