False Bay College

2016

False Bay TVET College fosters local entrepreneurship

Cape Town, 2 December 2016. False Bay TVET College launched its Rapid Incubator Programme at False Bay TVET College’s Westlake Campus in Cape Town, on 23 November 2016.

 

 

The Rapid Incubator Programme is a partnership with the Department of Small Business Development and the Department of Higher Education and Training, with the Small Enterprise Development Agency (SEDA) acting as the implementing agency. It is the third such incubator in the country and the first hosted by a TVET college in the Western Cape.

The Rapid Incubator Programme complements the Centre for Entrepreneurship (CfE) that the College established in 2015 with the support of the Department of Trade and Industry.
Selected entrepreneurs will undergo six months of theoretical training at the CfE, which encompasses all aspects of starting up and operating a small business, with specific focus areas in business entrepreneurship training, innovation and idea generation, and product conceptualisation.

This will be followed by a 12-month rapid incubation programme in which product development and commercialisation will take place under the guidance of College staff. For this purpose the Westlake campus of the College hosts two mini-factories where metal or wood products will be developed and manufactured. This technical space is enhanced by the Innovation Hub, a fully-equipped facility where participants can access business development services, conferencing and meeting facilities, and share office space.
After exiting the programme, entrepreneurs will still be able to access the College for business development support on a consultancy basis, and the enterprises will be closely monitored to feed back lessons to improve the programme.

“In an economic climate of persistently low growth, the solution to youth unemployment lies in creating opportunities in the SMME sector. Aside from improving access to finance and markets, the most critical need for entrepreneurs is business training support in the start-up phase of their businesses,” says Steve Reid, the Director of the CfE.

Cutting of the Ribbon CFE

More about False Bay TVET College
False Bay TVET College offers Technical and Vocational Education and Training (TVET) at five campuses across the Cape Town metropole.

One of the top performing TVET colleges in the country, False Bay offers entry into career paths in Engineering, Business, Hospitality, Information Technology, Safety in Society, Education Studies, 2D Animation, Tourism and Boat Building.

False Bay TVET College is one of six TVET colleges serving the Western Cape – the others are Boland College, College of Cape Town, Northlink College, South Cape College and West Coast College.

For more information on the College, visit http://www.falsebaycollege.co.za/
For information on the incubator programme, visit http://www.falsebayincubate.co.za/