Mentoring a g
FINANCIAL SUPPORT for emerging entrepreneurs may arguably be the biggest bugbear in developing countries such as South Africa. But little known is that business know-how – notwithstanding financial support – can make or break a small business. That’s partly the reasoning behind the South African Institute of Chartered Accountants’ (Saica) mentorship programme – called the “Black Entrepreneurship Initiative” – that’s been running for three years.
“Often there’s a little bit of disconnection between emerging black entrepreneurs and where they can actually get support. They often struggle to walk through proper channels or find the correct avenues where they can get support,” says Marion Pearce, project director at Saica’s enterprise development.
In the programme, Saica members (who