James Caan

In­spir­ing SA en­trepreneurs

Finweek English Edition - - FRONT PAGE - BY LISA ILLING­WORTH

The visit to South Africa by James Caan, celebrity in­vestor from the BBC hit re­al­ity show Drag­ons’ Den, seems to co­in­cide with an in­crease in sup­port for en­trepreneur­ship as a driver for eco­nomic growth. These in­clude a school-based ini­tia­tive called Step Up 2 a Start Up that was launched by Absa, Exxaro, the Gaut­eng En­ter­prise Pro­pel­ler, the MTN Foun­da­tion, Sa­sol and the Na­tional Youth De­vel­op­ment Agency.

Caan is scout­ing for ‘ hu­man cap­i­tal’ for his new ini­tia­tive un­der the ban­ner of StartUpLoan­sSA, which will fol­low the same model as the Bri­tish govern­ment’s fund­ing and men­tor­ship scheme with a sim­i­lar name.

Sim­i­lar enthusiasm is yet to be dis­played by Govern­ment’s newly es­tab­lished Depart­ment of Small Busi­ness De­vel­op­ment. The Min­is­ter of Small Busi­ness Lindiwe Zulu dis­ap­pointed at­ten­dees of an event launch­ing an en­trepreneur­ship pro­gramme aimed at Grade 10, 11 and 12

Newspapers in English

Newspapers from South Africa

© PressReader. All rights reserved.