Deadline: 28-Feb-23
Are you a black – owned SME that has potential to become the next supplier to these leading South African enterprises in the furniture sector? If Yes Apply to be part of the Ethekwini Furniture Cluster Accelerator.
The objective of the Accelerator is to identify and develop high potential SMEs as strategic suppliers to industrial lead enterprises through market access, standards upgrading, and capital investment interventions.
The Accelerator is funded by eThekwini Municipality through the eThekwini Furniture Cluster and is facilitated by BMA.
Eligibility Criteria
- South African owned business.
- 51% or more black ownership.
- Annual turnover of R170m or less.
- Registered with CIPC.
- Tax Compliant.
- Operating for at least 1-year.
- Currently or aiming to offer products or services to customers in the furniture sector.
- Preference is given to businesses with some years of trading experience. If a relatively young business applies, it is important for the innovative idea and competitive advantage to be clear and compelling for a potential customer
How Does It Work?
- Qualified candidates will be invited to a Capacity Building workshop on 30 March 2023 in Durban, KwaZulu-Natal, focused on developing a compelling business pitch to potential customers.
- Shortlisted candidates will be invited to a Dragons’ Den event on 19 April 2023 in Durban, KwaZulu-Natal where the top candidates will be selected.
- Identified high potential candidates will receive business case development support, expert coaching to scale your business and ongoing support to unlock commercial opportunities with customers.
- Plus, successful applicants stand a chance to win their share of cash prizes!
For more information, visit eThekwini Furniture Cluster.
