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Scholarships

​​Social Entrepreneurship Programme​

The Fix Scholarship

The Fix Scholarship is open to all applicants under the age of 35. All of these are dependent on these agreements being carried over to 2016, and on the applicant passing the entrance test. 5FM’s Fikile ‘Fix’ Moeti is on a mission again to help create South Africa’s Top Social Entrepreneurs.
Fix (as her listeners affectionately know her) is known for her bubbly personality on air and is a firm favourite with listeners, six days a week. She now is extending her portfolio to giving back to social development, an audience she is passionate about. This is the third year running of the Fix Scholarship in partnership with the Gordon Institute for Business Science (GIBS). Fix, who is a graduate of the GIBS Social Entrepreneurship Programme, is applying her personal mantras of achieving goals, and wants to pay the way forward by offering social agents an opportunity at the highly respected institution to make their visualisations’ a realisation.
If you would like to apply, or know of someone who would benefit from this amazing initiative, please visit: http://www.fixscholarship.org/​​

Enterprise Development Academy​

​Small Business Boost Programme – Applications closed (100 entrepreneurs selected) NHBRC pplications closed (112 entrepreneurs selected nationally)
​Entrepreneurship education for those in the green economy ​Entrepreneurship education for women in construction (preferably home building)
​August – November ​September– August
Overview
The Small Business Boost Programme, funded by J.P. Morgan, aims to promote small business growth and job creation for those involved in providing solutions for the green economy. The programme will provide four months of business and management education and six months of support services to 100 small businesses in Gauteng. It seeks to empower entrepreneurs with the knowledge, skills and resources to grow in this niche sector.
Overview
The NHBRC has partnered with the GIBS Enterprise Development Academy  for the third consecutive year  to provide a national entrepreneurship and business management training and mentorship programme. This scholarship opportunity seeks to offer 100 women in the home construction industry, a practical 10-month programme which culminates in the female entrepreneurs having an implementable business plan which they can use to access new markets and finance opportunities.

Details
The programme is funded by J.P. Morgan. A refundable commitment fee will be charged for participants. There are two days of classes every second week for four months followed by six months of support services. Classes start in August and end November , after which the six month support services ensue.

Details
This scholarship opportunity, funded by the National Home Builders Registration Council (NHBRC), is avaialble to female entrepreneurs who are already regsitered with the NHBRC or intend to do so by March . Successful candidates will be required to sign a contract with the NHBRC acknowledging an obligation to repay the bursary in full or part thereof should she leave the programme before completion.
How you will benefit:
  • Foresee and address challenges faced by businesses in this niche sector;
  • Communicate and market the value of your solution;
  • Anticipate and manage change better;
  • Navigate the supply chain of big businesses;
  • Approach financing for growth using unique modelling techniques relevant to the sector;
  • Learn how to overcome challenges using cutting-edge business management strategies relevant to the sector; and
  • Identify strategic growth opportunities that exist across the rest of the continent.​​
Content covered during this programme:
  • Leading oneself/Personal Mastery;
  • Entrepreneurship & Innovation;​
  • Creative Thinking & Strategy;
  • Business Model & Business Plan Overview;
  • Construction and Business;
  • Management Accounting & Financial Management;
  • Construction Operations & Systems;
  • Construction Project Management;
  • Construction ​Compliance;
  • Marketing, Sales & New Business Development;​
  • Negotiation Skills;
  • Leading Others and Leading an Organisation;
  • among other modules​​​
In order to apply, entrepreneurs must fulfil the following criteria:
  • Operate within the manufacturing/green-economy sector in Gauteng;
  • Have been in operation for at least one year;
  • Have an annual turnover of between R200 000 – R20 million;
  • Employ at least three people; and
  • Work in the business full-time and have minimum 35% shareholding.
In order to apply, entrepreneurs must fulfil the following criteria:
  • A woman who owns and runs a construction-related business (preferably home building);
  • Earn an annual revenue of between R300,000 – R15 million (total sales in one year);
  • Woman who works in the business full-time and has at least 51% shareholding;
  • The business must be trading for at least two years;
  • The business must have at least two full-time employees; and
  • The busness must be registered with the NHBRC or show an intention to do so by March 2017.
Programme Methodology
  • Four months of business training (four days per month) on the subjects of business modelling and planning, marketing, finance, operations management, leadership skills and new business development as is relevant to the green economy;
  • Six months of support services, including: monthly mentorship sessions and coaching circles, access to capital through financing partnerships, networking events, access to new markets and peer learning opportunities;
  • Field visits, soft skills workshops, and entrepreneur guest lectures; and
  • Four dialogue events with the manufacturing/green economy sector to share perspectives on sector challenges.​
 Programme Structure:
  • Five months of academic sessions focused on successfully running managing and growing a construction-related business (two consecutive classroom days every two weeks);
  • Five months of support services (coaching, mentoring and additional workshops);
  • The delegate must commit to attending all contact sessions during the programme and these include academic programme dates, workshop dates and all mentorship/coaching sessions;
  • The delegate will be requested to sign a contract with the NHBRC acknowledging obligation to repay the bursary in full or part thereof should she leave the Programme before completion; and
  • The delegate must be able to develop a comprehensive business plan for her business at the end of the training to graduate.
We have now selected 100 entrepreneurs in the Green Economy across two intakes. Please keep an eye out for the next Dialogue Evening event we will soon be hosting.
We are happy to report that 112 women entrepreneurs  in construction were selected for this programme. This takes to over 200 the number of entrepreneurs supported through the NHBRC-sponsored Women Empowerment Programme.
​For queries contact Fazlyn Toeffie at toeffief@gibs.co.za / academy@gibs.co.za or call +27 (0)11 771 4101 ​

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