| Faculty of Business and Economic
Sciences |
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to Community Project listings |
| School of Management Sciences |
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The Small Business Unit
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| The Small Business Development
Initiative at NMMU is sponsored by Absa. The bank funds
selected small business projects in terms of training in
entrepreneurship skills (i.e. business plan development
and financial management), vocational skills training, mentoring
and aftercare, initial capital costs and all initiatives
that are geared at creating sustainable business and jobs
for previously unemployed people. Projects that show real
success include the Itekeng Self-help Project, which benefits
people with disabilities. This project is involved in the
making of vaseline, candles, polish and in sewing and employs
22 people.
Through their vehicle support programme GM South Africa
donated a vehicle to the NMMU Small Business Unit for
its Vulindlela project. Through this project, the NMMU
assists various municipalities in the Small Medium and
Micro Enterprise development, Business Development Services,
Entrepreneurial Development and job creation initiatives.
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