Property Point, alongside four of its small business graduates, dominated the 2018 South African Business Incubation Conference Awards jointly winning three of the six categories and walking away with a total of five awards.
The awards were held in November and hosted by the Small Enterprise Development Agency, in partnership with the Department of Small Business Development and Minister of Small Business Development, Lindiwe Zulu presented the awards.
The aim of the awards is to recognise and to encourage best practice in the enterprise development space. The winners encapsulate the heart of the enterprise development ecosystem with the award categories considering the variety of programmes that have benefited from various Small Enterprise Development Agency and the Department of Small Business Development initiatives.
Property Point, the Growthpoint initiative won the Accelerator of the Year award for its exemplary programme. The award is based on its unique model, innovation, outputs, funding streams and partners. Property Point’s growing network of partners include Growthpoint, Attacq Limited and the Department of Small Business Development.
Shawn Theunissen, head of Property Point and head of Corporate Social Responsibility at Growthpoint, says:
“We are delighted to win this prestigious award, but even more excited about the awards that the Property Point graduate businesses won. These superb businesses and successful entrepreneurs richly deserve the recognition they are achieving. We couldn’t be more proud of them.”
Thatego Holdings won Outstanding Graduate Entrepreneur of the Year. With the award, owners Thabo and Dorcas Malefetse collected R300,000 for their business. This award recognises entrepreneurs who are successful post incubation/accelerator support. It is judged on turnover growth, job creation, diversification, technology improvement, honours received and corporate social responsibility. Makasela Air, owned by Tiyani Khoza, was awarded second runner-up in the category.
Kusile Hygiene ‘n Industrial Services won the Outstanding Accelerator Client Award, with owners Olga and Sifiso Ncube collecting R300 000 for their business. This award recognises an outstanding client of an accelerator programme that has shown innovation, impact through problem-solving, at least 30% growth in turnover and employment creation within the first year of its accelerator support. Mila Cleaning was awarded first runner-up in the category. It is owned by Charlotte Khoza and Annemarie Mostert.