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SAB Launches Entrepreneurship Campaign To Create 10 000 Jobs In SA

The South African Breweries (SAB) announced yesterday it will help create thousands of jobs in South Africa and increase opportunities for entrepreneurs to become part of its supply chain through its key entrepreneurship programmes.

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South African Breweries
South African Breweries

South African Breweries

The South African Breweries (SAB) announced yesterday it will help create thousands of jobs in South Africa and increase opportunities for entrepreneurs to become part of its supply chain through its key entrepreneurship programmes.

From rural entrepreneurs to big business, SAB has laid the foundation to support entrepreneurs and create a total of 10 000 jobs in South Africa by 2021 using its entrepreneurship programmes – SAB KickStart, SAB Foundation, SAB Thrive and SAB Accelerator, as well as its agriculture programmes to grow emerging farmers.

The company offers a comprehensive and holistic package of entrepreneurship support to develop small businesses from ideation to growth, transforming the supply chain, as well as investing in the potential of entrepreneurs in the broader community. Applicants to the programmes will go through a selection process.

Ricardo Tadeu, Zone President for AB InBev Africa and SAB, says: “We are committed to making a substantial contribution towards South Africa’s national agenda of growing the economy through creating jobs and reducing unemployment, particularly amongst our youth. As a business that started out as an entrepreneur itself, we strongly believe that entrepreneurship is the most appropriate response to this issue and will help to galvanise the economy.

Related: Cash Flow Tips For Small Businesses To Survive Rocky Times

“We recognise that job creation is top of mind amongst South Africans. As one of the country’s leading corporates with a deep sense of pride, and a belief in the future of our country, we have not only a responsibility to help, but a duty to improve the lives of people in communities. We will do this through a range of initiatives, including providing real, authentic and sustainable jobs that we can measure going forward,” says Tadeu.

The commitment to create 10 000 jobs is over and above the Public Interest Commitments (PIC) that SAB’s agreed last year with government after the business combination between AB InBev and SABMiller. Job creation is embedded in the company’s business strategy which focuses on fostering a better world where everyone has an opportunity to improve their livelihoods. The three key priorities of this strategy are job creation; promoting nutrition and health; and reducing harm caused by the misuse of alcohol.

“This is an important vote of confidence in South Africa and a commitment to improve the lives of its people, as well as to invest and participate in expanding the country’s economy,” says Tadeu.

Business Unity South Africa (BUSA) CEO Tanya Cohen says BUSA congratulates SAB on this welcome initiative. “Systemically supporting entrepreneurship opportunities within SAB’s supply chain will make a meaningful contribution to enterprise development and job creation – both of which are critical to transformation for inclusive economic growth,” she says.

Cyril Ramaphosa

Deputy President, Cyril Ramaphosa, in a message, commended SAB’s efforts in bring change to communities. “Your commitment as a corporate citizen to job creation, the empowerment of people and reduction of harm. Business and government can work together to create the better life that we seek to secure for all South Africans.

In the face of poverty, unemployment and inequality, your ambition to create 10 000 sustainable jobs is an important investment in our economy and society.

SAB’s focus on entrepreneurship is a commendable step towards inclusivity and sustainability in our economy and is one that will be rewarded with the unearthing of the energy and talents of those who will benefit from this programme.”

Edith Vries

Edith Vries, Director General for the National Department of Small Business thanked SAB for the role it is playing in supporting entrepreneurs. “Small businesses are at the heart of economies that grow. Our young people need the experience and they need someone to give them an opportunity. I want to thank and salute SAB for providing that opportunity and helping them with that first step.

“I also want to commend SAB for the commitment to create 10 000 jobs over the next 5 years and of your entrepreneurship programmes that you are using to drive this objective. Through SAB’s leadership we can build a new cadre of entrepreneurs into the future.”

Barbara Creecy, Gauteng MEC for Finance

Barbara Creecy, Gauteng MEC for Finance, acknowledged SAB’s contribution to developing entrepreneurship and creating jobs in the province. “We recognise the role that SAB is playing in the economic development of the Gauteng province. The organisation’s entrepreneurship programmes are contributing to entrepreneurship development in the province. It is exciting to participate in launching an initiative that integrates all of these programmes across the value chain.

“SAB stands together with us in acknowledging that unemployment, poverty and job creation are the most important challenges facing our country today. Whether we are in government or civil society, we need to create meaningful opportunities to increase economic participation amongst young people.”

Related: Why Small Business Deserves To Be A Bigger Priority

Driving the ambition to create 10 000 jobs is a call to action to all entrepreneurs through a mass media Entrepreneurship Campaign, beginning with a television commercial launched  this past weekend. The commercial centres on the concept of how ‘One Idea’ can ignite and spark a nation to heed the call to try its hand at entrepreneurship in order to build a better South Africa for all.

“We believe in the power of one idea which is sparked within each entrepreneur and we are committed to supporting these businesses and the potential they hold to bring positive change in people’s lives. We back entrepreneurs 100%,” says Doreen Kosi, Vice President of Legal and Corporate Affairs at AB InBev Africa and SAB.

SAB also hopes in the future to call to action other corporates in South Africa to expand opportunities for real job creation.

‘We hope that our campaign and efforts in the entrepreneurship space will inspire others to support the creation of more jobs in South Africa,” says Kosi.

The SAB Entrepreneurship Programmes will visit six cities across South Africa during a roadshow in the month of October. Details will be available on SAB’s social media platforms. 

SAB Entrepreneurship Programmes:

SAB KickStart

The programme has been running since 1995 and focuses on youth owned businesses. It is focused on investing in youth entrepreneurs between the ages of 18 and 35.

The programme backs black entrepreneurs with existing, emerging businesses in key industries that are aligned to supply chains.

There are two programmes within the SAB KickStart offering – SAB KickStart Boost and SAB KickStart Ignite.

SAB KickStart Boost is a supply chain readiness programme that’s built around a key objective: Enabling high potential youth owned business to become suppliers of various organisations in the private and public sector, thereby fast-tracking the transformation of the economy. We back entrepreneurs with existing, emerging businesses in key industries to be ready for and to access supply chains, and as a result grow into sustainable businesses that create jobs.

SAB KickStart Ignite supports disruptive innovators that have innovative businesses and products that have high potential to grow into viable businesses that can solve our business challenges and can grow to be future creators of employment. Eligible entrepreneurs receive technical product and business development support which includes one on one mentoring, prototyping, commercialisation, and financial support where required. SAB KickStart Ignite acts as a pipeline of entrepreneurs for more advanced programmes such as SAB KickStart Boost. 

Related: 8 Smart Tips for Small Businesses Seeking Investment

SAB Foundation

The SAB Foundation is an independent trust founded to benefit historically disadvantaged individuals and communities, primarily but not exclusively, through entrepreneurial development in South Africa. It is one of three beneficiaries of SAB’s BBBEE transaction, SAB Zenzele, established in 2010. Key beneficiary groups include women, youth, people in rural areas and people with disabilities.

The long term vision underpinning the SAB Foundation is to ignite a culture of entrepreneurship and social innovation in South Africa as a source of economic growth and a primary source of innovation and job creation.

The focus is on investing in entrepreneurs outside of the value chain and across the country with a particular emphasis on businesses outside major metropolitan areas.

There are two offerings for entrepreneurs within the SAB Foundation – the Social Innovation Awards and Tholoana Enterprise Programme.

The Social Innovation Awards invest in innovative business ideas that can solve social problems. This includes, but is not limited to energy, water, health, education, housing and food security. The Disability Empowerment Awards is a special category for innovation that benefits people with disabilities.

The Tholoana Enterprise Programme is a two year business support and capital grant programme to assist micro and small enterprises to grow and create jobs. 

SAB Thrive

The SAB Thrive Fund is an Enterprise & Supplier Development (E&SD) Fund set up and funded by SAB to transform the company’s supplier base. The Fund has been established in partnership with the Awethu Project, a Black Private Equity Fund Manager and SMME investment company. The SAB Thrive Fund’s mandate is to invest in and transform SAB suppliers such that they become more representative of our country’s demographics. SAB Thrive Fund Investees benefit from 100% Black equity capital and business support. 

SAB Accelerator

The key objective of SAB Accelerator is to grow SAB’s supply chain to be inclusive of black-owned, especially black women-owned businesses. To achieve this an incubator consisting of 10 business coaches and 10 engineers, who are dedicated to growing these suppliers, has been created.  SAB Accelerator will partner with the company’s suppliers and provide coaching and technical expertise, which in turn will help them understand the SAB landscape, its value chain and integrate them into our business. Simply put, SAB Accelerator is a team of people who are dedicated to help black-owned suppliers improve and grow their businesses and in doing so, create much needed jobs.

SAB’s agriculture initiatives

SAB and AB InBev Africa have committed to establishing thriving barley, hops, maize and malt industries in South Africa that strengthen rural employment and job creation, accelerate the development of emerging farmers and enable SA to become a net exporter of hops and malt by 2021. In addition, SA’s technological and innovation base will be strengthened to improve the productivity of emerging and commercial farmers and create new business opportunities. The company will invest R610-million during this period in developing the capacity of new emerging and commercial farmers and increase the amount of local barley that is malted. The strategic intent is to create at least 2 600 new farming jobs in SA.

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Bonang Matheba Announced As 2018 AWIEF Awards MC

AWIEF has announced multi –award winning radio host, TV presenter and style icon, Bonang Matheba as the 2018 AWIEF Awards MC and host.

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Bonang Matheba, affectionately referred to by fans as Queen B, has firmly positioned herself as Africa’s most sought after entertainment personality and SA’s number one social media darling.

With just three weeks from recognising, honouring and celebrating women entrepreneurs and business-owners in Africa for their innovation, excellence and contribution towards economic growth and social development, AWIEF has also announced songstress, BUCIE as the music entertainer for the night.

40 Finalists out of more than 1350 nominations were revealed for the AWIEF Awards last month. Winners will be announced at The Westin Hotel in a five-star gala dinner on 9th November 2018.

Tickets to the awards evening are selling fast. To secure your seat, please click here.

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Things Schools Need To Stop Doing To Grow Entrepreneurs

Here are 8 things that would make a significant impact on generating enterprising behaviour.

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It is no secret that the current structure of the education system was designed in an entirely different age to achieve economic outcomes that are no longer viable due, in large, to the rapid innovation and adoption of technology.

But if we are to hope to help President Ramaphosa implement his vision for entrepreneurship as stated in the SONA 2018 address as, “The establishment through the CEOs Initiative of a small business fund – which currently stands at R1.5-billion – is an outstanding example of the role that the private sector can play. Government is finalising a small business and innovation fund targeted at start-ups,” we need to change how and what schools are teaching for this to be realised on a large scale.

Here are 8 things that would make a significant impact on generating enterprising behaviour:

1. Stop teaching kids using one or two teaching methods

Typically, teachers have defaulted to talking, reading and some visual aids to impact knowledge to learners and those children that don’t learn using these primary methods are at a disadvantaged and are often labelled as challenged. There are at least 6 different ways in which people learn, and entrepreneurs often fall into the lesser known ones. By blending methodologies that include interpersonal, kinaesthetic and intrapersonal with the more traditional ones, entrepreneurs will learn more effectively.

2. Stop Rewarding Conformity

Maybe it comes from a fear of anarchy or lawlessness, but the stringent rules that exist in schools punish children for exhibiting individualism and reward children for staying in line. Quite literally. This unwavering adherence to the rules without question, breeds thinkers of the same calibre and releases into the world children that cannot function without set structures that they must conform to when they actually need to be creatively problem solving in order to make a mark for themselves.

Related: Spark Schools: Adapting At The Speed Of Scale

3. Stop Measuring Memory

teaching

How well a child can retain the dates, figures, theories or equations does not indicate the measure of a child’s intelligence. It only indicates how well their memory works and how adept the learner is at recalling what they have read or been taught. Remembering, according to Bloom’s Taxonomy, is a lower order thinking skill. Instead, let’s measure critical thinking, interrogation of ideas, application of thinking across contexts.

4. Stop Being a Teacher

When the world relied on a central person as the curator of knowledge, the world needed teachers. They were idolised and hailed as a custodian of growth and development due to the fact that they knew more about their subject than anyone else in society.

Today, the internet is the purveyor of information, a teacher if you will, and children no longer need to be taught the information but what to do with it. So long as children can read, the job of person at the front of the class is to educate not to teach.

5. Stop Running a Factory

From the uniforms to the desks to the bell that signals the start and end of lessons and the allotted amount of time dedicated to eating and going to the bathroom, schools are churning out citizens primed for factory work. The production line mentality has been conditioned into our children so much so that with the entry of technological automation and the removal of the human element in these mundane, routine tasks, we make them immediately redundant to the world.

6. Stop Labelling Every Disruptive Child as ADHD/ADD

As an educator myself and now an entrepreneur, I recognise the exhausting and relentless burden that our school-based teachers bare. They are weighed down with administration and parental expectations all whilst trying to navigate an education system that is increasingly deficient. Any child that does not learn in the usual manners and requires more attention or additional stimulation by non-traditional teaching methods.

If, as a country, we are dedicated to changing the current economic outlook not just for ourselves but for those that will inherit this legacy then the systems that shape our thinking must be changed too. Entrepreneurial thinking and action is discouraged and punished in our current education system and only once children leave behind the 12 years spent at school can they begin to unlearn this way of mental conditioning and become active citizens.

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Chivas Venture Calling On South African Start-ups To Win A Share Of $1 million

South African applications for the Chivas Venture 2019 Now Open!

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Today Chivas Regal announced the launch of the Chivas Venture 2019 – a global competition that gives away $1 million in no-strings funding every year to the hottest social start-ups from around the world.

The Chivas Venture provides a global platform for innovative enterprises that are using business to solve an array of social and environmental issues – and today marks the opening of the South African applications. 

Since the competition’s launch in 2014, Chivas Venture-supported enterprises have enriched the lives of more than 1 million people in over 40 countries, across six continents.

Just as Chivas blends together whiskies to create award-winning Scotch, the Chivas Venture champions entrepreneurs who blend profit and purpose. Chivas’ belief in blending ambition with generosity, and in using success to enrich the lives of others, was instilled in the 19th century by founding brothers James and John Chivas. Today that philosophy is kept alive not only through award-winning Scotch, but also through initiatives including the Chivas Venture.

Richard Black, Global Marketing Director for Chivas, said:

“At Chivas we believe that blended is better – in life, business and Scotch – and the 100 finalists we have supported to date have proved this, finding the right blend of profit and purpose in their ventures. Since taking part, finalists have reported saving 8 million trees from deforestation, providing 24 million litres of safe drinking water to those in need, and funding 75,000 days of education for women and girls – and that’s just a few examples. The Chivas Venture is continuing to have a global impact and we are proud to be investing another $1 million for 2019.”   

Related: Venture Capital 101: The Ultimate Guide To The Term Sheet

Applicants in each participating country will compete in local heats, with the South African winner flying to the United Kingdom to take part in an exclusive Accelerator Programme. Hosted by The Conduit – a new London establishment that serves as a home for a diverse community of people who are passionate about social change – the intensive training programme will give the global finalists the chance to hone their business and pitching skills.  

Following the Accelerator Programme, the allocation of the first $100,000 of the fund will be put into the hands of the public with three weeks of online voting. The Chivas Venture 2019 will then culminate in a series of high-stake pitches at the Global Final in Europe, where the finalists will battle it out for the remainder of the $1 million fund.

Radley Connor, Marketing Manager for Chivas Regal SA says, “The Chivas Venture is an amazing platform for South African social entrepreneurs to attract investment and gain global exposure. The competition rewards and celebrates individuals whose purpose is to make a positive difference to society. If you have a great idea, that meets the requirements, we encourage you to enter.”

In 2017, innovative South African water company I-Drop water placed third in the global finals, walking away with close to R1 million in funding. Since winning, founder James Steere has received interest from investors globally.

Clement Mokoenene is the 2018 South African winner and the creator of the Vehicle Harvest Energy System (VEHS). His business is able to generate electricity at a much lower, affordable cost than coal-fired power stations which South Africa currently relies on. The system works by installing an overlay on the existing road to extract the pressure and transferring it to the side of the road, similar to a wind turbine. Mokoenene says a 1km highway stretch could generate enough energy to supply the entire South Africa.

To apply for the Chivas Venture 2019 and find out more about why blending profit and purpose is better, visit the Chivas Venture website.

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