Standard Bank and Thinkroom have announced the launch of the Standard Bank Development Programme, an enterprise development initiative aimed at supporting 10 entrepreneurs as they grow and scale. The programme focuses on practical, timely and comprehensive interventions, encompassing all stages of business growth and driving market and investment readiness. In collaboration with Thinkroom, the Standard Bank Development Programme provides robust assessment and a clear development plan to ensure accountability and success for each participating business and founder. With Thinkroom South Africa’s extensive experience working with SMEs in enterprise and supplier development programmes, and the enterprise support of Standard Bank, selected startups will have a solid foundation to build upon their success. To qualify for the programme, entrepreneurs must be majority black-owned, generate less than ZAR10 million (US$530,000) in revenue annually, and have time to commit to growing their businesses.

Source: The North Africa Journal July 13, 2023 07:36 UTC