BizFactorySA was established in 2016 as a 100% black owned and operated independent enterprise development agency. The company exists to foster the sustainability and growth of the SME sector, driving job creation, alleviating unemployment and nurturing the country’s entrepreneurial spirit.
We measure our success on the solid performance of our clients, stakeholder, and partners, and more so, our impact on the broader society and the growth opportunities we provide our people.
Are you an enterprise or supplier development professional?
Sondela nganeno skhokhoAt BizFactroySA, We know that in order to eradicate poverty and inequality in South Africa, we need to enable sustainable development and success of SMEs. Our one-stop enterprise development model integrates multiple economic development and development funding agencies to produce successful ESD programmes.
We are in the process of developing national footprint of co-working spaces. In addition to housing small enterprises, these co-working spaces well serve as a base of our programmes.
The fault in convectional capitalism lies in the assumption that in order for one to gain, another has to loose. We believe that this is the very assumption that has propagated a situation where a small percentage of the South African population enjoys the bulk of it’s wealth while the greater percentage lives in substandard conditions. This state of affairs is neither fair nor sustainable. Sooner of later the other shoe will drop. Though we are alive to the government’s tireless efforts to close this divide and eradicate the ugly symptoms thereof, we are also mindful of the fact that it can be left to the government alone. This is why we have come to define ourselves as Development Entrepreneurs. A functional gap exists between government’s economic development interventions
and the bulk of their intended beneficiaries, more so in the rural areas. Perhaps this can be attributed to a lack of understanding of the interventions on the part of said beneficiaries, the absurd workload placed upon the administrators of said interventions, or a combination of both. This is why we have made it our business to understand the wording, or red-tape, of the government’s economic development policies in order to partner with the public sector and private sector technical experts in identifying, developing and producing developmental business ventures. We also encourage other entrepreneurs to adopt this new and dynamic way of doing business.
In February 2015, Tukela Zumani was poached by his then client, Improvate Group of Companies to head their Enterprise Development Division. We have since grow in stench and in footprint