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EXECUTIVE SUMMARY


Diamond Creative Vision Hub is hosting the 3rd Annual Township Economy Conference“Growing township economies throughintra trade”. One of the goals of the conference is to assist entrepreneurs from the townships to identify intra trade business  opportunities and unlock available resources and assets that can help them benefit from existing and new business  opportunities.

Revitalizing the township economy is key to economic growth and job creation. The success of this year’s annual Township  Economy Conference on entrepreneurship and small business development lies in its ability to afford delegates with  opportunities to acquire more information and knowledge that is complemented with practical “how-to do” skills.  The balance  between theoretical and practical content will enable delegates, especially entrepreneurs, to soberly reflect on and digest the  content at a better pace. The aim is to not only focus on problems but also to offer possible solutions and identified new  business  opportunities.


WHAT IS A TOWNSHIP?


In many ways, the townships and especially the informal settlements are similar to the slums in much of the developing world, although never was a slum formed with such central planning and purpose as were some of the larger South African townships. Township Characteristics: (i) A distance from economic activity, (ii) Low levels of services & infrastructure (water, sanitation, electricity and tarred roads), (iii) Low levels of enabling economic infrastructure.


TOWNSHIP ECONOMY CONFERENCE OBJECTIVES


  • Facilitate information provision;
  • Capacitate entrepreneurs and Identify small business needs;
  • Share knowledge, research and best practices in enterprise development;
  • Provide a platform for small enterprises to showcase their products and services;
  • Inspire a culture of entrepreneurship;
  • To develop a dynamic, diverse and thriving local business environment;
  • Assists informal businesses transition to formal businesses to impact local economy 
  • To provide a networking platform


CONFERENCE EXPECTED OUTCOMES


  • Imparting practical to SMME owners’ skills through training workshops.
  • Sharing the latest research and trends from researchers, academics and development practitioners.
  • Gaining insights from SMMEs and gather SMME data.
  • Learning more about Entrepreneurship.
  • Create and inspire an Entrepreneurial culture.


TOWNSHIP ECONOMY CONFERENCE OVERVIEW


The township economy conference serves also as a catalyst platform for enterprise development by providing structured pre-conference training workshops to township-based entrepreneurs to help them grow their business.


Pre-Conference Training Workshops


I. Sales and Marketing

II. Financial Management

III. Innovation and Technology

IV. BBBEE and PPPFA


The structured preconference training workshops are facilitated by various stakeholders in the small business development  sector and will set a precedent for forthcoming conferences.


The Conference

The aims and objectives of the township economy conference as outlined above elaborate on the factors influencing the choice of this year’s theme, many township entrepreneurs are “locked” into the retail sector (e.g. spaza, shebeen, etc.) The need to broaden the horizon for entrepreneurs in townships to encourage intratrade. The need to expose SMME delegates to other sectors, the need to spark an interest in untapped markets/sectors (e.g. technology, agribusiness, manufacturing, entertainment etc.)

The township economy conference brings together stakeholders involved in SMME development to share experiences on best practices, engage issues that affect entrepreneurship and present innovative solutions to address the challenges faced by township based SMMEs. This year’s conference will be a two day(s) interactive conference.


RSVP LINK


When and where?



MAYIBUYE MULTI-PURPOSE CENTRE
Hulana
Kimberley
South Africa
8345

Starts:
Thu 03 Oct 2019 at 10:00 AM (SAST)
Ends:
Thu 03 Oct 2019 at 4:00 PM (SAST)

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Organiser details

Diamond Creative Vision Hub

081 544 3464
081 544 3464