April 17, 2018 Nathi

Silulo Ulutho Business Incubation launched

Silulo Ulutho Technologies on Saturday 13th April 2018 launched its business incubation, Silulo Business Incubation (SBI) at the Watergate Mall, Mitchel’s Plain, a suburb in Cape Town .Different entrepreneurs attended the event that included talks on entrepreneurship and business mentorship.

SBI has been formed with an objective of providing a platform for young and prospective entrepreneurs to actualize their business ideas and has been set up to provide office space, equipment, mentorship, training, networking and marketing services to start-ups.

Vodacom Managing Executive for SMME and Indirect Channel, Ismail Gani, said in a statement: “Our partnership with Silulo is one of several initiatives to empower and grow small businesses. The drive towards the ‘Digital SMME’ is a key initiative of Vodacom. It is critical that big business ensures that our small to medium enterprises are part of the fourth industrial revolution.” He added that Vodacom’s partnership with Silulo extends beyond the Incubation Centre. Vodacom is confident that this partnership will empower the SMME community towards digitisation and enhanced productivity,”

            

On his word of support, Mr. Mbulelo Mbikwani, Chief Executive at Desmond Tutu and Leah Tutu Legacy Foundation emphasised that Luvuyo Rani, CEO of Silulo Ulutho Technologies was that the only difference between Mr Rani and all entrepreneurs he has worked with before, was his attitude in empowering and developing disadvantaged communities through his success.

” The Watergate Mall is a convenient safe environment with medical, entertainment, business facilities and shopping centre at your doorstep. It’s location is desirable as there is a housing development, hospital, taxi rank bus & station just opposite the centre.” outlined Mr Luigi Giuricich, Director of S Guiricich Holdings which owns the Watergate Centre.

Mr Cassel Mathale, Deputy Minister of Small Business Development in South Africa, represented the Ministry at the event. He congratulated Silulo Ulutho Technologies on launching the business incubation and assured the delegates of his department ’s support on this initiative. “For many years we’ve been trained to be workers and not as business people. This mindset must change. We need to educate our people at an early age to be entrepreneurs.” He said.

Other speakers at the event included Dr David Murray, Chairman of the Board of Directors at Silulo Ulutho Technologies, Virginia Blaser from the United States of America Consulate General in Cape Town;

Mr Luvuyo Rani, the brainchild behind the business incubator said in statement: “This vision of the incubation has been there from the beginning. We’ve always wanted to create this type of a centre – a one-stop place – but we didn’t have funding back then. We had a plan, but there was no money. You find this type of co-working space everywhere but in the townships,”

Rani said the main challenges when it comes to this type of business are infrastructure and funding. “Silulo is a pioneer and we can go anywhere, there are no boundaries in business. This is a flagship store. We want to replicate this in every province. Silulo’s success lies in partnerships,” Rani added.
Mr Lonwabo Rani, one of the three directors of Silulo Ulutho Technologies thanked everyone for their support in actualizing their dream. And at the end of the day, Silulo Business Incubation was declared open.

To get shared office space at the Silulo Business Incubation, please email businessincubation@silulo.com or call 021 948 2107

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