Putting ideas to the test
The unit has helped businesses establish pilot projects that are of a strategic nature, are sustainable and which will serve to generate economic activity.
The unit recognises that business ideas need to be nurtured in order to become viable.
We provide advice on how to go about establishing projects and consider funding various business-related studies in the form of business plans, feasibility studies and environmental impact assessments.
Projects will benefit from the unit's willingness to explore entrepreneurial ideas, take calculated risks on new ideas, to conduct investigations and in-house professional services.
We will offer you the necessary support by:
Our priority sectors
Our priority sectors include:
Generally, most projects are of a greenfield nature and include primary production; however, we consider turnaround strategies for existing businesses wishing to diversify, expand or seek growth opportunities.
Viable ideas supported by a business plan are more readily supported.
How to access these services
Our assessment criteria
Our criteria for assessing a project include:
You will be required to provide a business plan or at least a concept document to the unit in order for our team to make a proper assessment of the project.
Should the project managers require business skills development, the unit will refer you to ECDC's Development Services Programme.
Should you also require assistance with accessing markets, the unit will then refer you to ECDC's Trade and Investment Promotion Unit.
The costs involved
Telephone +27 (0) 43 704 5600