Derrick Kotze
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This document discusses unemployment rates, especially among youth in Africa and South Africa. It also discusses self-employed entrepreneurs and serial entrepreneurs, noting that 1/3 of new businesses are created by serial entrepreneurs. Finally, it provides statistics on business failure rates in different industries.
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This document discusses the role of information communication technology (ICT) in supporting small and medium enterprises. It defines ICT as technologies that provide access to information through telecommunications. ICT is described as a critical business strategy enabler that helps small businesses stay ahead of competition by allowing them to design products digitally, create prototypes, manage quality assurance, and manufacture items more efficiently. However, barriers to ICT adoption among small and medium enterprises include a lack of knowledge regarding useful technologies, strategic ICT skills, fears around new technologies, and high perceived costs. The document provides recommendations for how small businesses can employ ICT, such as conducting technology assessments, developing ICT strategies, and fostering a culture of innovation.
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This document discusses financing instruments for technology incubators, specifically Section 12J of the South African Income Tax Act. Section 12J allows for a 100% tax deduction on investments in qualifying companies, and exempts gains from capital gains tax if held for 5 years. It presents the Seed Engine Entrepreneur Development Fund, a proposed R100 million impact investment fund registered under Section 12J. The fund would provide funding for early-stage businesses from incubators and provide support through a professional management team. Investors would receive tax benefits between 28-41% and target returns of 30% IRR annually by investing in a portfolio of companies.
Philip Marais
The document discusses the role of universities and technology business incubators in building innovation-based economies. It provides examples of successful knowledge regions like Silicon Valley and Cambridge that were built around major universities. It outlines the key factors necessary for knowledge regions, including a critical mass of high-quality research, a favorable entrepreneurial culture, clear incentives and policies, seed funding, and industry and government support. The document advocates for incubators and argues they help foster breakthrough innovations by leveraging startups and facilitating open innovation between startups and industry. It presents results from LaunchLab showing increasing patent disclosures, licenses, and new companies formed.
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The document discusses the challenges, realities, and opportunities for business incubation support programs in South Africa. It outlines some key opportunities for incubation programs, including considerable public and private sector support for enterprise development, job creation, and economic transformation. However, it also notes several challenges faced by incubators, such as overdependence on grant funding, unrealistic stakeholder expectations, and difficulties in recruiting experienced staff. The presentation provides guidance on defining the target market and key questions around operations, funding models, services offered, and measuring success.
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This document summarizes different financing instruments for technology business incubators, including venture capital, government sources, private equity, angel funders, and bank/specialized finance. It discusses the types of funding provided at different business growth phases from seed to sustained growth. The rest of the document provides more details on specific financing options, such as venture capital, government awards, angel investment, venture capital companies (VCCs), business incubators/accelerators, crowd funding, and corporate venturing. The bottom section lists the panelists for the discussion.
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- The TLIU works with various government departments, science councils, academia, and industry to provide sector-wide technology assistance through facilities like casting simulation networks, testing centers, and product development support.
- Current TLIU projects include helping a company obtain railway accreditation, assisting wind turbine and electronics manufacturers meet standards, and aiding a valve manufacturer with design and prototyping. Future projects focus on renewables, transport, science projects, and designated products in various industries.
- The TLIU
Nyada
The document provides information about the National Youth Development Agency (NYDA) of South Africa. It summarizes that the NYDA was established in 2009 to facilitate youth development and mainstream youth issues. It has a vision to be a credible and capable development agency for South Africa's youth. The NYDA's focus has shifted from enterprise finance to education and skills development. It offers various programs and services to support economic participation, education, health, policy/research, and governance for South African youth ages 14-35.
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Cover Story - China's Investment Leader - Dr. Alyce SU
In World Expo 2010 Shanghai – the most visited Expo in the World History
https://www.britannica.com/event/Expo-Shanghai-2010
China’s official organizer of the Expo, CCPIT (China Council for the Promotion of International Trade https://en.ccpit.org/) has chosen Dr. Alyce Su as the Cover Person with Cover Story, in the Expo’s official magazine distributed throughout the Expo, showcasing China’s New Generation of Leaders to the World.
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Cover Story - China's Investment Leader - Dr. Alyce SU
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Derrick Kotze
- 2. Skills Development Product Development Enterprise Development @mlabsa @derrickkotze
- 5. 36% YOUTH UNEMPLOYMENT 600,000 UNEMPLOYED GRADUATES AFRICA > 400 MILLION UNEMPLOYED YOUTH Quarterly Labour Force Survey (QLFS) South African Graduates Development Association @mlabsa @derrickkotze
- 7. SELF-EMPLOYED ENTREPRENEURS SERIAL ENTREPRENEURS ACHIEVING OWN PERSONAL GOALS & THESE ACHIEVEMENTS BEING THEIR MAIN SOURCE OF INCOME INNOVATION, GROWTH & PROFIT SUCCESS, UNCERTAINTY & PROVE THE UNPROVEN WAYNE STEWART, ASSOCIATE PROFESSOR OF MANAGEMENT AT CLEMSON UNIVERSITY 1/3 OF ALL NEW BUSINESS ARE CREATED BY SERIAL “The findings show that serial entrepreneurs obtain temporary benefits from spells of venturing which eventually die away. This implies that venturing generates benefits that spill over from one venture into subsequent ones, and it can provide a rationale for public policies that encourage re-entries by entrepreneurs, even if those entrepreneurs performed poorly in their first ventures” - Simon C. Parker, University of Western Ontario @mlabsa @derrickkotze
- 9. • • • • • • • • • • • • GSMA Intelligence, Internet World Stats, World Bank, On Device Research, Effective Measure, Sizing The EU App Economy, researchandmarkets.com @mlabsa @derrickkotze
- 11. statisticbrain.com 96% of businesses fail in the first 5-10 years Industry Percent Still Operating After 4 Years Finance Insurance and Real Estate 58 % Education and Health 56 % Agriculture 56 % Services 55 % Wholesale 54 % Mining 51 % Manufacturing 49 % Construction 47 % Retail 47 % Transportation, Comms and Utilities 45 % Information 37 % @mlabsa @derrickkotze
- 14. COMMODITY ALLON RAIZ PIONEER Iteration Differentiation incubation Are we listening to our clients? @mlabsa @derrickkotze