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SAB aims to uplift economy through the youth

One idea can ignite the economy – SAB entrepreneurship slogan. Photo: sab.co.za.

South African Breweries (SAB) is creating jobs and helping entrepreneurs elevate their enterprises through its various entrepreneurship programmes.

SAB’s aim is to enable entrepreneurs between the ages of 18 and 35 to play an active role in the economy, while creating employment for other young people in their communities.

There are four programmes that will support entrepreneurs and provide 10 000 jobs in the country by 2021, namely SAB KickStart, SAB Thrive, SAB Acccelerator and SAB Foundation.

SAB also has agriculture programmes to grow emerging farmers. The campaign shows the company’s commitment to providing a tangible and sustainable future for South Africans by providing invaluable guidance and support to the businesses they partner with. SAB is aware that on average, about 70 per cent of small businesses fail within the first three years of operation; however, it believes the youth are capable of being powerful key drivers in the country’s economy.

A statement from SAB’s Chamdor branch in Kagiso reads as follows: “Our motive is to assist businesses that operate in key high-potential industries, such as the small businesses run by young entrepreneurs in Kagiso and Krugersdorp”.

The programmes help young, ambitious, driven owners, fully supporting them in their entrepreneurial journey through fit-for-purpose knowledge, tools and processes that will assist them to succeed long-term.

To find out how you can qualify to be one of the 10 000 beneficiaries of the entrepreneurship programme, visit www.sabentrepreneurship.co.za/application or for more information on SAB funds and its vision visit www.sabentrepreneurship.co.za/#programmes. Applications are now open, and will close on 30 November 2017.

To complete the application process, you will need to upload the following documents:

• Certified copy of Identity Document of the owner(s) of the business

• Copy of bank statements for the last three months

• Proof of residence of principal applicant

• Copy of SARS certificate of good standing

• Copy of company registration documents

• Copy of annual returns from CIPC (Companies and Intellectual Property Commission)

• Copy of most recent BEE certificate

• Images of best-selling product or service

• Your supplier number if you are an existing supplier

• General Uploads or Documents, such as company profile, media, awards, and so forth.

For further information, send an email to [email protected] or call their toll free number on 0800 611 095.

For details of the KickStart programme and its entry requirements, you can visit https://www.sabentrepreneurship.co.za/kickstart.

Do you perhaps have more information pertaining to this story? Email us at [email protected] or phone us on 011 955 1130.

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