1. First Tier Assessment
- Site Visit to conduct a needs analysis assessment.
- Do a needs analysis report.
- Obtain quotations for the
2. Second Tier Assessment
- Do a Feasibilty Study Report.
- Do a Scalability Report.
- Put together a business plan.
3. Source Funding
- Submit the file to a funding institution.
- The file will contain all the reports and quotations.
EnterGro Economic Development Initiative is a project founded by NkosiCorp (Pty) Ltd in May 2016. The project focuses on how
townships can preserve their cash injection and limit cash leakages into urban areas.
Every month, there is a cash injection
that comes into townships in a form of salaries. Due to the fact that the township community buys goods and services mostly outside
their communities (urban areas), the cash injection leaks out of the community. EnterGro suggests that should the community buy locally,
the cash injection is preserved.
In order for this to place, confidence has to build in the community for them to procure locally.
This can be done by developing township businesses and strengthening their position within the community. Through EnterGro (short
for Enterprise Growth), NkosiCorp conducts assessments for township businesses to identify their weaknesses and then sources funding
for those businesses to tackle their shortages.
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