ADVERTORIAL
PROVIDING THE BACKBONE FOR
INNOVATIVE STRATEGIES
MTN
Award winning, 100% black owned B-BBEE consulting, strategy and economic development practice New Generation Mindset (NGM) has earned global recognition through its recent appointment as the first certified EU | BIC (Business and Innovation Centre) in Sub-Saharan Africa. The company promotes a new mindset towards economic and social innovation, embracing the “act local – think global” mindset, by ensuring South African businesses are globally competitive. Currently, NGM is running Incubation and Accelerator Programmes with business such as Dimension Data, MTN, Samsung and ESKOM with the ultimate goal of contributing towards true transformation of the local economy. These corporates have partnered with NGM as specialists in the development of entrepreneurs and enterprises and they share how the Incubation and Accelerator Programmes are being implemented.
26 www.incub8mag.co.za · Volume 1 · 2017
MTN has partnered with NGM to develop an innovative Incubation and Acceleration programme, that will significantly contribute to much needed ICT development and transformation in South Africa. Through this programme with NGM, MTN is able to offer a comprehensive range of services to empower enterprises, SMMEs and individuals. The MTN Incubator programme, run by New Generation Mindset, is designed to empower Black- and Women-owned companies in the ICT sector to develop and become sustainable, through acceleration, business incubation, coaching and mentorship, personal and business development training, market linkage and smart take off.
ESKOM This Incubation and Accelerator Programme addresses the gap in ESKOM’s Supplier Development and Localization plan, aligned to Government’s National Development objectives through programs focused on the five (5) strategic B-BBEE pillars. The intention is to achieve maximum and sustainable Local Economic Development to make a significant contribution towards building a stronger local economy through improved entrepreneurial participation in the local and broader economy, leveraging on Eskom’s and Government’s fiscal spend. The programmes have a strong focus on women-owned businesses located in the Eastern Cape. The incubation and acceleration initiatives develop, incubate, accelerate and integrate local SMMEs.
