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Welcome to SSACI
The Swiss-South African Cooperation Initiative is a public-private
partnership in development between the
Swiss and South African
governments and Swiss and South African companies.

It opens up
new pathways to employment for young
South Africans through
skills training and innovative
development projects.

Through SSACI, Swiss companies and the Swiss government have
together committed over R100'000'000 to skills development for
South African youths. Working alongside government and
partnering
with other development agencies, SSACI has developed
and implemented
projects that can be taken to scale for maximum
impact.



 


     
     
   
   

 

Description

Mentoring by volunteers of emerging young entrepreneurs in Gauteng and Western Cape, as a condition for receiving business loans

Duration

1 year, 2005-6
Lead Agency The Nations Trust

Budget

  • R500'000

Outputs

  • 158 entrepreneurs given individual mentoring for 6-12 months
  • 35% reported growth in revenue and profits
  • Business survival and loan repayments were higher for mentored businesses on lenders' books than for comparable non-mentored ones
Salient lessons
  • Mentoring generally improves the survival prospects of start-up businesses
  • Successful mentoring requires considerable organisation, including careful matching of mentors to clients
  • Mentoring by volunteers may not be a sustainable model for small business development

Date added

2005-06-10

 

 

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