The Eastern Cape Development Corporation (ECDC) is to host workshops in a bid to inform aspiring and new business owners about opportunities and support structures at the disposal of entrepreneurs.
“The aim of the seminars is to broaden the base of entrepreneurship by focusing on youth,” says ECDC regional business advisor Ncedisa Goniwe. “People sometimes misunderstand entrepreneurship. We want them to understand the characteristics of a business owner.”
Coinciding with youth month, the workshops are aimed at a target audience of 18 to 35 year olds and will kick off on Wednesday in Aliwal North’s Likamatso Centre. However people who fall outside this age range are welcome to come, says Goniwe.
A second seminar will to follow on Thursday in Sterkspruit’s Bunga Hall.
The seminars will address challenges youth face in starting up and running their own businesses and will feature speakers from the National Youth Development Agency (NYDA), Khula Enterprise Finance and ECDC.
“One of the important first steps we want to teach them is how to do proper research about the concept and how to innovate. After attending the seminars young people will know exactly where to get support for instance they’ll get information about programmes offered by various business development agencies,” says Goniwe.
According to Goniwe, South Africa is ranked 42nd out of 43 developed countries in terms of entrepreneurship levels.
“That means there is still a long way to go because we are a country that needs entrepreneurial activity.”