Raizcorp ARIZE

Nedbank Talks Procurement

What is Nedbank's view on Enterprise Development and what it means for the South African economy?

Nedbank remains committed to supporting entrepreneurs and enterprises. We understand that as the people of South Africa are diverse and expand across different cultures, so too is the business environment diverse and different in the make-up and the needs. We also understand that through Enterprise Development, entrepreneurs and enterprises can be nurtured to become key contributors to the economy.

What are some of the various Enterprise Development projects that Nedbank are involved in?

Nedbank has a multi-faceted approach to Enterprise Development support that entails access to finance and non-financial support such as mentorship, specialist advisory and assistance with business tools. This may be facilitated through job creation initiatives, Incubators and specific Enterprise Development programmes.

Why did Nedbank choose the Raizcorp programme as part of their Enterprise Development?

The range of services and support offered by Raizcorp empowers the entrepreneur with vital acumen and skills.

Having met your Raizcorp beneficiaries, what is your take on them?

We keenly track their growth and development every month and have great aspirations to seeing them become big players in the economy.

What are you hoping the outcome will be from this programme?

To have 12 profitable businesses, managed by entrepreneurs that are well-versed with business savvy and techniques to grow from strength to strength.

What has your experience with Raizcorp been like thus far?

Raizcorp has a fantastic vibe and the spirit of entrepreneurship is tangible and alive with possibility!

How does Nedbank see their role in assisting entrepreneurs in South Africa?

The challenges facing enterprises and entrepreneurs are many. It is therefore crucial for all key stakeholders and role-players to provide that enabling platform for entrepreneurial growth. Nedbank has demonstrated this through our differentiated Enterprise Development offering.

What do you feel has been some of Nedbank's biggest successes in terms of Enterprise Development?

Critical to all Nedbank’s Enterprise Development interventions is the ability to maintain ongoing sustainability. The assistance extended to businesses are sensibly structured, well thought through and designed to enable growth. This has been used as the basis for Enterprise Development interventions extending to job creation initiatives, incubators, programmes as well as to supporting industry specific businesses.