Silindokuhle Sewing Project
SME Support transforms floundering business into sustainable enterprise.
In compliance with the South African Mining Regulations governing the industry, mining houses have to support enterprises from the local communities around the mines’ operations. Mines are required to identify enterprises and provide them with SME Support over a 5 year period as part of the Social and Labour Plans (SLP). Glencore therefore commissioned Edge Growth to review existing projects in the SLP, and to appraise the viability of new enterprises to determine which should be included in the 2013-2018 SLP submission.
22 enterprises were investigated using various diagnostic tools to determine the viability of both new and existing businesses for support. This included reviewing business plans, conducting feasibility studies and site visits and resulted in Edge Growth presenting a list of five enterprises to the mine. With tailored support, these enterprises have potential to supply the mines and as such are likely to be sustainable businesses that can grow and create jobs.
One of the selected businesses is Silindokuhle Sewing Project (SSP) an enterprise that produces safety wear (overalls) and related Personal Protective Equipment (PPE). In order to deliver the best business development support, Edge Growth conducted a needs assessment; resulting in the following support:
- An SABS Quality Development Audit of operations
- Development and implementation of a marketing plan in order to attract more long term customers
- Implementation of systems and processes to improve productivity
- Assistance with administration and statutory compliance
- Management Training
- Financial Management
Funding and growth support enables recycling company to reach its potential.
Through tailored growth support and access to funding, this business has been able to increase its turnover by 50% in the space of 3 years.
Fund designed to channel investment from the savings and investment industry into SME development.