South Africa

The programme seeks to accelerate the growth and success of entrepreneurial enterprises and allow for a culture of entrepreneurship among graduates. This is done through a number of business and technology support not limited to physical space, business infrastructure, coaching, common services, and market access. The Centre for Entrepreneurship Rapid Incubator (CFERI) accelerates economic growth, job creation and poverty eradication. Secondly, the CFERI promotes research and development within the business incubation ecosystem.

CFERI Offerings; 

ENTREPRENEURSHIP PROGRAMME:

• The programme

The ORBIT TVET College Centre for Entrepreneurship was founded out of generous funding from the Department of Small Business Development and SEDA Technology programme. The purpose of the Centre for Entrepreneurship is to provide Generic Enterprise Development Services/Interventions and Incubation to ORBIT TVET College graduate students and members from its focused communities.

Key reasons for the establishment of the Centre are:

• Contributing towards promotion of entrepreneurship through the current college curriculum.
• Assisting college graduates who cannot be absorbed by the labour market

Centre for Social Entrepreneurship (CSE) is a rapid business incubator that was established at the Durban University of Technology in 2015 at ML Sultan campus, funded by Small Enterprise Development Agency to develop and support small businesses within Durban surroundings. 

The purpose of the centre is to infuse creativity into the entrepreneurial mindset of students and external communities. By identifying problems that could be addressed using creative solutions for key socio-economic challenges such as high levels of unemployment, inequality and poverty.

Centre Offerings; 

• Training
• Me

The Center for Entrepreneurship and Rapid Incubation is a tool for fostering an entrepreneurial culture and supporting up-and-coming business owners, which will eventually reduce youth unemployment.

While the Rapid Incubator concentrates on the college, it also provides services to all industries and small enterprises in the Katlehong catchment area in an effort to generate fresh ideas and support youth-owned and -operated firms.

The Esayidi Rapid Incubator and Centre for Entrepreneurship (CFERI) was launched on the 12th of August 2016.  The Incubator targets clients from historically disadvantaged communities within the Ugu District and more specifically the students/graduates of Esayidi TVET College.

The Esayidi CFERI is aimed at stimulating growth in cross-cutting (mixed) SMMEs and inculcating the culture of entrepreneurship among students and graduates.The Esayidi CFE focuses on the theoretical aspects of business development and assist with the practical aspects of businesses development which include product

False Bay Centre for Entrepreneurship provides innovative business incubation and development support services in the False Bay area of Cape Town.

The mission of the CFERI is to:

• Inculcate entrepreneurial thinking in the delivery of College vocational and occupational programmes which will support and stimulate an entrepreneurial economy.
• Inspire young college graduates to become entrepreneurs as an attractive career choice and train these graduates through formal training and practical business experience.
• The CFERI will also support existing businesses in the Khayelitsha and Mitchells

The Centre for Entrepreneurship & Rapid Incubator (CfERI) was launched by the Vaal University of Technology in partnership with SEDA, Department Small Business Development (DSBD) in November 2017. The CfERI transitioned to Sol Plaatje University on 01 June 2021.

The purpose of the Centre for Entrepreneurship & Rapid Incubator:

• to support and enhance existing entrepreneurship initiatives in the ZFM District.
• encourage entrepreneurship amongst the youth and the unemployed.
• establish sustainable businesses that can lead to job creations.
• support female and disabled entrepreneurs.

The West Coast College has established the CFERI through funding provided by the Small Enterprise Development Agency (SEDA) to promote youth entrepreneurship and mitigate the constraints associated with the failure of youth owned start- up and early stage enterprises within the first three years of establishment. We aim to support start-up and early stage previously disadvantaged entrepreneurs with resources and services to increase their success which is measured by profitable and self- sustaining growth- oriented ventures that will contribute to the creation of jobs and economic growth in

The Centre for Entrepreneurship Rapid Incubator (CFERI) programme is an entrepreneurial initiative focused on assisting college and university graduates in starting their own businesses. 

Lovedale CFERI’s support

Operations

• Business Sector
• Agriculture, ICT & Manufacturing
• Other industries
• Skills development & Training

Administration

• Coaching & Mentorship
• Business Training

Compliance & Registration

• Tax
• BBBEE & CSD
• Funding Applications

Stakeholder Partnerships

• EC Govt
• Buffalo City MM & Amathole
• NYDA & SEDA
• ECDC, Other Funding & Business Support Institution

Finance

Centre for Entrepreneurship Rapid Incubator (CFERI) seeks to promote and develop young entrepreneurs in the province of Mpumalanga. The purpose of the Centre is to develop self-sustainable entrepreneurs (start and grow activities) who can make a contribution to the economy of Gert Sibande District and to become fully-fledged and legally complying economically sustainable SMEs. 

CFERI offers the following services; 

• Mentorship and coaching;
• Capacity development;
• Business compliance;
• Training and skills development;
• Back office support; 
• Network and linkages; and 
• Facilitates access to