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Friday, 20 October 2017

Calling all Free State entrepreneurs - here is your chance to pitch to potential investors


The Free State government is calling on entrepreneurs to come forward with their business ideas as part of the Tabalaza Pitching Programme.

"Tabalaza is an opportunity created by government for entrepreneurs to present their ideas to potential investors, financial institutions and training institutions with the purpose of securing support from either," the Department of Economic, Small Business Development, Tourism and Environmental Affairs said in a statement.

"The intention is to create a platform that links innovative business with potential investors/venture capitalists for support. In addition, the entrepreneurs will also get technical advice from the experienced investors, which may support their original ideas."

Who qualifies to apply?
Emerging businesses and those that want to expand or diversify their businesses
Innovative  business ideas with a sample or proof that it can be bankable
Business has to be situated in the Free State and the owner must have a business plan or a proper summary of the business.

The application forms are available and can be accessed until 27 October 2017 at 113 St Andrew Building in Bloemfontein or DESTEA Service Centre’s in Qwa-qwa – FDC Building, office C 106, Setsing Centre, Phuthaditjhaba; in Parys-74 Corner Phillips, Schilbatch Street and in Welkom-178 Constancia Street, Dagbreek, Thaba Nchu-205 Jan van Reebeck Street Station View or Municipal Offices.

Received applications will be screened and those who qualify to go through to the next stage will be identified and trained to ensure that they are ready to pitch, sell and present their ideas to panelists in early December 2017. 

Feedback will be given by panelists after presentations and promising business ideas will be announced at the end of the event.

For further enquiries please contact  Matlotlo  and Ganeo Matlhole - 087 803 0980  or Modise Motampane - 074 653 8526 or Nnana Lentsa - 082 443 5513 or Tshidi Maleka - 072657 5871.

-Content supplied by the Free State Department of Economic, Small Business Development, Tourism and Environmental Affairs

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