South African equity fund manager Knife Capital is calling on innovation driven entrepreneurs to sign up for its 2014/2015 Grindstone business development programme that gives supports the growth of local businesses.
The year-long programme takes on 10 entrepreneurs and supplies them with tools and funding readiness through growth measurement, gap analysis and deep interventions designed to build a foundation for success. Entrepreneurs also get training, corporate advisory, coaching and mentorship from industry professionals.
“Our aim is to establish the Grindstone model as a blueprint for scaling businesses in Africa which can be used by corporates, entrepreneurs and governments alike,” said Andrea Bohmert, partner at Knife Capital.
Grindstone companies will also be part of quarterly two-day workshops where they will participate in strategic review of key business functions.
Selection criteria for the programme is as follows:
- Existing South African SMEs
- Post-revenue with positive customer testimonials and traction
- High growth potential in search of achieving scalability
- Profile and passion of the management team
- Vision for the future
- Market attractiveness
- South African Job creation ability and ‘success story’ potential
You can apply for the Grindstone programme on the Knife Capital website, the deadline for applications is 2nd November.[Source, Image – Knife Capital]