Riversands Incubation Hub, has started the year on a good note and is ready to add more value in the South African economy by continuing to support black-owned SMEs and entrepreneurs. The hub successfully reached its goal to be home to 150 businesses by the end of 2016, which resulted in 95% occupancy of small majority black-owned businesses at the hub.
With new projects under way,it looks set to be a good year for our friends at Riversands. CEO Jenny Retief is especially excited and optimistic about the year ahead.
Look out for Riversands’ new developments, such as the Riversands Urban Agri-Dev Platform, Upcycling manufacturing programme, sponsored by Coca-Cola International and a launch of Riversands’ Cookie Co-op programme.
In the Riversands news this month:
- Cookie Co-op is Riversands’ newest initiative. It aims to give a helping hand by assisting talented bakers who work from home to enter into the formal markets, where the entrepreneurs will benefit from operating in a professional kitchen.
- Riversands has partnered with Urban Agri-Dev, which helps entry level entrepreneurs grow fresh food in small spaces. Together they are on a mission to bridge the gap between formal sector clients and emerging small entrepreneurs.
- After the success of Upcycling Manufacturing Programme in 2016, Coca-Cola renewed its funding for this development. Riversands foresees great achievements ahead.
- An inspirational story of an entrepreneur who “proves you never let a good crisis go to waste”, in his energy and water saving company.
For more information read the Riversands Incubation Hub newsletter.