The Business Place, eKapa
The Business Place (TBP), eKapa, is a joint initiative between the City of Cape Town, the Provincial Government of the Western Cape, a bank and the Sekunjalo Development Foundation. TBP eKapa and is one of several TBPs in Southern Africa.
TBP eKapa, situated in central Cape Town, is a network of services, networking organisations and community-based organisations clustered under one roof. TBP eKapa provides a range of relevant services to aspirant and existing SMMEs and creates an inspirational enabling environment that stimulates creativity, innovation and opportunity in order to unleash individual potential. TBP eKapa has a strong focus on the youth.
In 2012, the City of Cape Town awarded TBP eKapa a three-year agreement to develop an entrepreneurial ecosystem for the Mother City. This ecosystem supports the City’s vision of developing entrepreneurship by fostering and creating an enabling environment for enhanced collaboration among both public and private sector stakeholders operating within the entrepreneurship arena.
The Sekunjalo Development Foundation supports Inyathelo – Inyathelo is a vibrant democracy in South Africa with a robust and sustainable civil society and higher education sector, supported by a strong local philanthropic movement, and rooted in the African cultural heritage of sharing.
Their mission is to help build a strong, stable, civil society in South Africa by contributing to the development of sustainable organisations and institutions. They do this through the development of effective grant seeking and grant-making practices, and through capacity development in the higher education and non-profit sectors in South Africa, and on the African continent. They also work to increase corporate and individual social giving through promoting dialogue, sharing information and providing support services to facilitate sustainable philanthropic ventures that have a lasting impact.
The Sekunjalo Development Foundation assisted the Goshen NGO with the distribution of clothing, food and stationery in the Congo. Part of the funds received was used to purchase seed for their vegetable garden – this enabled them to grow their own produce and to sustain the community in the short term.
Funding for Business
We continue to assist with start-up costs to various female black empowerment companies in South Africa, in varied industries. Ongoing financial assistance and infrastructure is provided on a monthly basis to assist with the operational costs, including mentoring and business skills.