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MSI assists young people with business development skills


Mpumalanga Stainless Initiative (MSI) will from next week run an entrepreneurship programme aimed at assisting young people to effectively start businesses or scale up existing small businesses into high growth ventures, through structured entrepreneurship training.
The training will enable these young people to participate in the steel fabrication industry and also assist them to access more attractive markets and create 60 new jobs by end of the year.
The programme will equip successful participants with relevant skills to refine their business models into high growth potential and sustainable businesses through comprehensive technical and business development support mechanisms as well as linkage to markets and funding opportunities.
“The aim is to assist the Mpumalanga based start-up companies or small, medium, and micro enterprise that manufactures steel products or offer steel fabrication and related services to the domestic and industrial market. Those who already have existing companies and seek to diversify their products/services to expand or enter new markets are also welcome to submit their applications.
“We will also assist unemployed young artisans and entrepreneurs with feasible new products or services that seek to address identified market opportunities or problems in the steel fabrication sector. Those who have unique or new ideas that can be demonstrated or validated for their potential to provide their business with a unique competitive advantage are also invited to be part of the programme.
MSI’s call for applications aimed at increasing participation of unemployed youth, especially women, people with disabilities and previously disadvantaged individuals in manufacturing steel products and related services. While the focus is in speciality sectors like mining, energy, engineering and advanced manufacturing, solutions that serve domestic markets such as manufacturing of security gates, braai stands, and building materials like window & door frames are welcome” says MSI Centre Manager, Matlou Hector Makgato.
The programme is designed to increase our effort to attract participants from all corners of the Province and also to assist the government in eradicating poverty and reduction of government through the support from our shareholders such as the Small Enterprise Development Agency (SEDA), Steve Tshwete Local Municipality, Mpumalanga Department of Economic Development and Tourism (DEDT), Columbus Stainless (Ltd) Pty, Busmid and other stakeholders.

HOW TO APPLY

The application form can be requested from af@mpstainless.co.za or accessed at https://drive.google.com/drive/folders/1vUXeF3EJtpJrube6DXCco0oXMWTyIjhH?usp=sharing. A complete application must be supported by a business plan or proposal or company profile or definition of business/product idea. The applications will be adjudicated according to the pre-defined criteria as stipulated in the application form. Correspondence will only be made to shortlisted candidates. All applications must be submitted to: business@mpstainless.co.za or admin@mpstainless.co.za no later than 31 January 2022. The application must clearly state in the subject line “Application for Incubation – Project/Business Name” and the “Theme” to which the application is responding. For general enquiries – 013 246 1528.

ABOUT MPUMALANGA STAINLESS INITIATIVE

Mpumalanga Stainless Initiative (MSI) is a non-profit company that is a technology business incubator established by Mpumalanga Department of Economic Development and Tourism (MPDEDT) in 1999 and strategically supported by Columbus Stainless (Pty) Ltd. The main purpose of MSI is to structure relevant business and technical development support mechanisms as well as forge strategic partnerships with corporate and government to stimulate economic growth and sustainable SMMEs development through incubation.