A ground-breaking initiative! Find out more about who we are…
The Informal Economy Support Programme (IESP), the first of it’s kind in South Africa, is a specialised support initiative.
The Pilot Phase of IESP was co-funded in 2013 by eThekwini and Jobs Fund, and has since become a leading informal and micro enterprise business incubator model, which identified over 290 micro and informal businesses in eThekwini. Project Preparation Trust (PPT) were the implementing agents for the IESP which developed a rigorous selection process that ensures that those who make it into the programme are indeed those with the highest potential to succeed. Once selected, the entrepreneurs are exposed to a support programme that continues to produce excellent results.
The IESP developed a not-for-profit business incubator model, which provides business support services which guide entrepreneurs to better manage and grow their enterprises. In the Pilot Phase PPT worked with entrepreneurs, governments and in the next phase aims to include corporates to support entrepreneurial development initiatives.The current phase of the IESP (April 2018 to March 2021) significantly scales up the programme’s capability to support MIEs. The main objective is to create 1,000 new permanent jobs within 105 high-potential, carefully selected MIEs. This will be achieved via collaborations with public and private sector organisations and already-established project partners. The IESP is managed and operated by Project Preparation Trust (PPT) and is co-funded by the Jobs Fund, eThekwini Municipality and the Department of Small Business Development (DSBD).
To find out more about PPT and its various Programmes, go to www.pptrust.co.za.
MEET THE TEAM
Our Team from left to right: Vuyiswa Sogoni (MIE specialist), Lindo Ngobe (Programme Manager), Lazola Bandezi (Marketing Specialist), Tholiwe Ngidi (MIE Specialist).