Itsoseng Incubation Programme Application Form

BACKGROUND

Itsoseng Entrepreneurial Centre is an SMME Incubation Centre that was founded by Polokwane Municipality’s Local Economic Development SBU.

Primarily, this manufacturing incubator was founded upon the need to provide development support services to SMME’s involved in the strategic sectors of the local economy, especially manufacturing.

This initiatives ties in with the targets of ASGISA and LDP, which among others, are employment creation and poverty alleviation. In order to achieve this, LED SBU is conducts Business Incubation Programme aimed at providing intensive business counselling to SMME’s that have a potential to grow into a successful businesses.

INCUBATION PROGRAMME AND ITS BENEFITS

Incubation programme is a three year programme whereby SMME’s will receive the following services: o Business management advice o Facilitation of access to finance o Accounting/Bookkeeping systems advice o Regular visits by Business Development Officer to ensure progress o Trainings on specific skills needed by the SMME o Linkages to markets o Linkages to industry experts o Assistance in marketing their business o Access to key business information

ELIGIBLE CRITERIA AND ENTRY REQUIREMENTS:

To participate in this programme,SMME’s need to complete and submit an application form at Itsoseng Entrepreneurial Centre ‘s office. The applicant must also meet the following criteria: o The business must be located within the boundaries of Polokwane Municipality o The business must be a manufacturing enterprise o The owner must be prepared to sign a three (3) year lease agreement with Polokwane Municipality and should also demonstrate intent to abide by all rules. o The business must have been trading for at least 1 year or more. o Business owners must be South African citizens o Women and Disabled will be given first preference. o Owners must submit proof of residence.

1 Polokwane Municipality reserve the right to select the suitable SMME’s to participate in the programme. ITSOSENG INCUBATION PROGRAMME APPLICATION FORM

BUSINESS INFORMATION

Name of the business: ______

Form of business (Tick) CC ____ Pty Ltd ____ Co-operatives ____ Sole Properties __ Other______

Registration Number ______

VAT Registration Number ______

Physical Address______

Postal Address ______

Contact Person ______

Contact Number ______

Product ______

OWNERSHIP

Partners/Members Name ID Number Gender Historically disadvantage Yes/No

BUSINESS PROFILE

1. Brief history of the organisation/business

______

2 ______

2. Background of members /business partners

MANAGEMENT CONTROL

Have you ever received any training in regard to your business activities? ______

If yes, mention ______

How many employees do you have? Women______Men ______Youth______

Disabled ______

BUSINESS SUPPORT LINKAGES

Are you affiliated to any business forum? Yes _____ No______

If yes, list Business forums affiliated to ______

Do you have any service providers that support your business? Yes____ No _____

If yes, mention its name and how it supports your business ______

______

BUSINESS TRADING

Where is your business situated now? ______

How long has your business been trading? ______

3 What was the value of sales in the last 12 months? ______