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Precious Penny Team starting their internship

 

Employability opportunity with UWC Centre for Entrepreneurship and Innovation.

Make the most of the internship, team Precious Penny!

 

The UWC/Metropolitan FINLIT Challenge challenge concluded in May and saw 5 University of the Western Cape (UWC) students win the challenge and earn an internship to design and develop an innovative financial literacy programme for Metropolitan, a division of MMI Holdings, to be rolled out countrywide.

The winning team, Precious Penny, designed a game to be used as a financial literacy tool – an edutainment approach to help people learn more about financial literacy and enjoy the learning process.

Precious Penny now have the opportunity to work with a professional design team from Elevator to develop their financial literacy programme for use by Metropolitan (the client) – and empower others with the ability to control their own financial futures.

Link to announcement of winners

 

The CEI works to open up platforms for students to be innovative and share what they do, as well as assisting students with advice on their business ventures.

Email Brian and schedule an appointment for assistance or just as a sounding board – badams@uwc.ac.za

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CEI helps suppliers to optimise their businesses at Purco SA

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More than 20 Suppliers successfully completed a 5-day SED programme at *PurcoSA offices in Midrand, facilitated by Brian Adams of the Centre for Entrepreneurship and Innovation (CEI) of the University of the Western Cape (UWC).

The course focused on helping suppliers to optimise their businesses to deliver ongoing value as key economic players in the South African market. It further covered ways to develop and implement better strategies and plans that ensures sustainable growth and development of themselves as business owners, their market and contribute to their businesses becoming more competitive.

Feedback from Small Enterprise Suppliers

“Very beneficial to us as suppliers. It is easy to get stuck in things that do not bring value. This served as a reality for us” – Brenda Ngubeni

“The approach was very helpful and useful to us business owners, because we really need this assistance, so I praise PURCO (and UWC CEI) for the effort to add value to our businesses” – Mongezi Yolelo

“The sessions were excellent. I am grateful for the opportunity. I have now re-focused my business positively – the process was encouraging and revitalising” – Lebohang Shabangu

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Email Brian and schedule an appointment for assistance or just as a sounding board around your business – badams@uwc.ac.za

*The Purchasing Consortium Southern Africa (PURCO SA) is committed to the principles of collaboration with its Members to save time and money through professional and focused collaborative procurement whilst strengthening partnerships with all stakeholders in the Higher Education Sector in Southern Africa. www.purcosa.co.za

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Precious Penny – UWC Students & Metropolitan Help Youth Face Financial Future

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Precious Penny: UWC FINLIT Winners working on Financial Literacy Campaign with Metropolitan

When providing for your financial future, and the financial futures of generations to come, every penny is precious – so it’s no surprise that Precious Penny won the UWC/Metropolitan FINLIT Challenge, and the chance to educate and empower their fellow youth.

The UWC/Metropolitan FINLIT Challenge challenge kicked off in April and saw 30 University of the Western Cape (UWC) students working in teams to tackle financial literacy challenges in youth – by designing an innovative financial literacy programme for Metropolitan, a division of MMI Holdings, to be rolled out countrywide.

The winning team, Precious Penny, designed a game to be used as a financial literacy tool – an edutainment approach to help people learn more about financial literacy and enjoy the learning process.

The multidisciplinary team consists of:

PhD (Management) student Kefilwe Rasedie
4th year BCom student Welan Spogter
1st year BSc (Maths and Science) Thandile Nododile
1st year Law student Siyavuya Gwanya
2nd Year BA student Ayavela Ngayi
With the support of Centre for Entrepreneurship and Innovation (CEI) Facilitator Brian Adams, they developed a game with several levels, with challenges based on real-life scenarios that mostly young people face.

The challenges test players’ ability to prioritise and manage finances, and make financial decisions. At the end- there’s a full report indicating what financial decisions they have to make in real life, so as to enhance their financial freedom and management skills based on the feedback after playing the game.

“The game is really fun and beneficial because it teaches people about different topics in finance based on what they lack, and possesses a high value in increasing people’s financial literacy levels,” Adams notes. “There are also great incentives and physical interaction throughout the game mixed in with practical financial advice by a physical ooth for further financial advice and guidance.”

Precious Penny group member Welan Spogter is incredibly proud of her team for winning the competition.

The experience, including a compulsory internship (initiated by UWC’s Centre for Entrepreneurship and Innovation), will grant the Precious Penny team members practical knowledge about design and entrepreneurship from concept to prototype, marketing and implementation.

“Our hard work has paid off, and we are super excited for the internship opportunity with Metropolitan,” Welan says. “We have a lot to learn, and I’m looking forward to that.”

Entrepreneurship, Empowerment and Education

CEI Director Charleen Duncan commends all the student teams for the innovative thinking they exhibited throughout the FINLIT competition.

“I am very proud of the winning team, Precious Penny, as well as all the other teams – they have thought outside the box and shown true entrepreneurial spirit.”

“The Centre for Entrepreneurship and Innovation brings students from all walks of life to work together and to become a family,” Welan notes. “The competition has not only given me the opportunity to work with students from different faculties, but has also enabled me to interact with different kinds of thinkers and engage with different perspectives – and much more.”

Welan encourages students to make the most of the opportunities the University provides them, wherever they may find them.

“Some students might think campus notification emails or posters around campus do not serve a purpose – but great opportunities can be found there,” she explains. “Opportunities like the FINLIT competition, that can make a huge difference in our futures.”

Precious Penny now have the opportunity to work with a professional design team to implement their financial literacy programme – and empower others with the ability to control their own financial futures.

The CEI works to open up platforms for students to be innovative and share what they do, as well as assisting students with advice on their business ventures.

Email Brian and schedule an appointment for assistance or just as a sounding board – badams@uwc.ac.za

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Support Program for SMME Development in the Renewable & Energy Efficiency Sector 2017

Proposed Call for Applications – City of Cape Town

Support Program for SMME Development in the Renewable & Energy Efficiency Sector 2017


Apply here

Information session to be held on 31 March 2017. Applications close on 7 April 2017.

The South African Renewable Energy Business Incubator (SAREBI) supports viable small enterprises who manufacture or provide services to the renewable, clean and efficient energy sector. Sarebi was established in 2012 by stakeholders from the Small Enterprise Development Agency (SEDA) Technology programme, the City of Cape Town and the Western Cape provincial Government.

Our mission is to turn energy entrepreneurs into better business people through appropriate business development interventions.

Sarebi is recruiting candidates for an Enterprise Development Programme in the Western Cape. The City of Cape Town (CoCT) has enlisted the South African Renewable Energy Business Incubator (SAREBI), to implement this Enterprise Development initiative.

Sarebi works with entrepreneurs who are trying to establish or grow small and medium businesses in the Renewable and Energy Efficiency sectors by offering business support and applying appropriate business development interventions.

It is Sarebi’s intent to hone in on the areas of potential improvement and to use its incubation programme to help make a difference or enhance its contribution to sustainability by addressing some of the following areas:

  • Reducing threats / maximising opportunities
  • Addressing ecological challenges
  • Improving Quality of life
  • Building community
Successful applicants will have the opportunity to
  • Go through a comprehensive business development course
  • Develop a business plan
  • Receive mentoring support services
  • Receive operational support services (Industrial Relations, HR, Accounting and IT support) only after a successful pitching outcome

Candidate Profile

If you are currently running your own small business or would like to start a new business in renewable energy or energy efficiency, you may benefit from this programme. In order to apply, you need to meet the following minimum criteria;

  • Have an understanding of the Solar Water Heater (SWH) systems and Small Scale Embedded Generation (SSEG).
  • A viable take-off market for green or energy efficient and renewable energy technologies.
  • Be an entrepreneurial-minded person with an aptitude for running a business.
  • Qualify as either a new business start-up, or trading Qualifying Small Enterprise (QSE).

About the Incubation Programme

Successful Candidates will be selected to join the Masterclass and Pre-incubation Programmes at Sarebi which runs over a 6 month period starting in May 2017.Click here to read more about the Incubation services.

As part of the Masterclass and Pre-incubation Programmes, business owners will work with a team of experienced people who will assist them with setting up and/or enhancing their businesses. They will also receive formal training on various aspects of running a successful business as well as having access to a business coach for the duration of the programme.

Application Process

Kindly note, there will be an Information Session on Friday, 31 March 2017 from1pm -2:30pm to share more about the Enterprise Development Opportunity. Kindly ensure that you complete the online application form https://goo.gl/Gu1mMC  by 7 April 2017.

Click here to RSVP for the Information Day. For questions kindly contact Babalwa Dlangamandla, the Communications and Events Officer on 021 577 2719 telephone number or email:babalwa@sarebi.co.za.

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