SAB Foundation Tholoana Enterprise Programme for South African Entrepreneurs 2024

Entrepreneurs from all around South Africa are being encouraged to participate in the 18-month-long Tholoana enterprise program, an initiative launched by the renowned SAB Foundation and aimed at equipping entrepreneurs with the tools they need to create sustainable and successful enterprises.

The program, which is one of the nation’s most effective business growth platforms, targets entrepreneurs in all nine provinces, including peri-urban and rural areas, and is open to enterprises from all industries.

The Tholoana Enterprise Programme focuses on:

• Holistic Development: Self-assessment, goal-setting, and strategic growth planning tailored to each business’s needs.
• Business Growth: Nurturing resilience and sustainability.
• Network Building: Creating lasting opportunities and support networks for participants.

• Table of Content
• About SAB Foundation
• SAB Foundation Tholoana Enterprise Programme
• Aim and Benefits of SAB Foundation Tholoana Enterprise Programme
• Requirements for SAB Foundation Tholoana Enterprise Programme Qualification
• Application Deadline
• How to Apply

About SAB Foundation

SAB Foundation Tholoana Enterprise Programme

Aim and Benefits of SAB Foundation Tholoana Enterprise Programme

• Leadership development
• Practical skills development
• Mentoring and coaching
• Online information sessions
• Brand building interventions
• Access to resources
• Performance tracking
• Peer-to-peer community and networking
• Financial Management Support

Requirements for SAB Foundation Tholoana Enterprise Programme Qualification

Entrepreneur requirements

• The applicant should be resilient, self-motivated and driven to succeed.
• The applicant should show a willingness to learn, grow and change.
• The applicant should show entrepreneurial and leadership abilities.
• The applicant is involved in the daily operations and management of the business on a full-time basis and is not employed by any other organisation.
• The applicant is a South African citizen.
• The applicant has the skills and experience necessary for the type of business they are engaged in.
• The applicant is looking for business support, mentorship and skills training to take their business to the next level.
• The applicant is committed to full participation in the programme over the18-month period.
• The applicant is open to change and willing to drive new strategies to support the growth of their business.
• The applicant has high moral and ethical standards and a desire to contribute to the economy of South Africa.

Business requirements

• The business is at least 51% *black-owned and managed.

• The business creates jobs.

• The business is in the early stages of growth.

• The business is operational and has been trading for at least 12 months.

• The business should be a going concern, commercially sustainable and viable.

• The business is headquartered and registered (if applicable), within South African borders.

In addition, we are keen to identify enterprises with long-term growth and good job creation potential. This includes enterprises with export potential and/or import substitution, as well as ones in growth sectors including agriculture, manufacturing, water, energy and waste, tourism and hospitality, information communication technology and agro-processing etc.

Application Deadline

How to Apply

For more details,visit SAB Foundation website