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New
site for Umkhumbane ESC
By
Gugu Mzimwla

Backyard
manufacturers will soon have decent working
space when the Entrepreneurial Support Centre
along Booth Road is completed.
Every
day new businesses are mushrooming in the retail industry,
but the manufacturing sector is difficult to break into.
As an emerging small business owner in the manufacturing
industry you need all the help you can get. Now help is
at hand with the construction of the Umkhumbane Entrepreneurial
Support Centre administration block and workshop units in
Booth road, where the emerging small businesses will be
housed.
A
total of 23 workshop units will be completed between March
and April next year. The main objective of ESC is to provide
emerging entrepreneurs in the manufacturing industry, such
as furniture makers and chemical distributors, with premises
and resources in the form of financial and technical support.
The
ESC will have a marketing and an administrative component
to assist the local manufacturers.
According to Chris Khumalo of ESC, one of the major problems
facing small business owners is a lack of bookkeeping skills
and little or no marketing strategies.
Explaining
how these businesses would obtain financial support, Khumalo
said: “At the moment we have made contact with various financial
institutions to provide loans. The response from them has
been positive so far.”
There
will be continuous assistance from experts in each of the
fields involved.
Businesses
will be able to remain at the ESC for a limited period until
they are able to stand on their own two feet.
The
ESC will establish links with big manufacturing corporates
and financial institutions with a proven track record (such
as Ithala) to assist the emerging entrepreneurs.
“Most
big manufacturing corporations have a black economic empowerment
policy and this is what we hope to take advantage of. Most
of these businesses do not know where to find emerging entrepreneurs.
This is where our business linkage system comes in.” said
Khumalo.
Umkhumbane
Entrepreneurial Support Centre hopes to compile a database
of all the local emerging entrepreneurs on a disc and sell
it to the big corporates who are obliged by law to outsource
some of their work. For example , if car manufacturers need
car seats they will access the database to find a suitable
supplier.
The database will be monitored by the ESC and as soon as
the car manufacturer makes contact with a local entrepreneur
the ESC will provide the necessary expertise to the local
entrepreneur.Local manufacturers who are keen on using this
unique opportunity may contact Chris Khumalo or Robin Winter
on 261 1318.
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