Social Entrepreneurship is emerging all over the world as an antidote to inequality and an agent for global change via local communities. It’s been called the “New Face of Development”, as Social Entrepreneurs use business and creative entrepreneurship solutions to improve circumstances in less fortunate communities.
Social Entrepreneurship is business built around empathy. It provides people with the freedom and means to improve their circumstances through small-to-medium scale entrepreneurship.
Online Business Management and Accounting provider, SMEasy, has offered to provide free access to their platform for 15 young Social Entrepreneurs from KZN. The local Champions Programme supports the development of Social Entrepreneurship in communities across KwaZulu-Natal. The Programme is an effort from the Graduate School of Business and Leadership’s Regional Local Economic Development Initiative to address social inequality and is fully funded by the Provincial Economic Development, Tourism and Environmental Affairs Department.
The Champions Programme recently honoured 15 of its top achievers: 15 Social Champions from KZN whose hard work and contribution to their communities has already made an indelible impact.
From fashion to cleaner energy solutions, the Programme has seen some phenomenal achievements from its Champions. Lindo Duma, a 2015 Champion, co-founded IZIKO Stoves, which converts waste paint cans, old geysers and gas cylinders into cooker stoves – all put together by people recovering from substance abuse.
2017 Champion, Cebesile Buthelezi, runs her own Fashion Academy in rural Ladysmith. She’s a self-taught designer and dressmaker who’s enabling young people and creating employment through fashion design and training initiatives. She currently employs nine people, who she has also taught to grow their own food.
These are just two examples of Social Entrepreneurship in action. The next generation is about to “grab social transformation by the horns”, with 15 new young minds fighting for change in their communities in 2019 and beyond.
Financial literacy and inclusion are vital tools for building independence and pathways to financial sustainability for Social Entrepreneurs. To help these deserving Champions rise to their full potential, SMEasy is offering each of these achievers free annual licences to access their business management and accounting system.
Academic and facilitator of the Champions programme, Professor Shahida Cassim said, “We are very grateful to the SMEasy team for their generosity and support of the 2019 Champions Programme. Free access to SMEasy will go a long way towards nurturing financial sustainability for 15 very deserving Social Entrepreneurs”.
The Professor concluded, “These Social Entrepreneurs are extremely worthy, as they face the twin challenges of delivering social value and generating revenue that helps develop financial sustainability, as they move their enterprises from a total reliance on donor funding towards long-term stability.”
To complement the annual subscription, the Champions Programme will be offering the entrepreneurs a course in the Fundamentals of Finance, directed by accounting expert Zamekile Mthiyane. In addition, Fanie Nothnagel of Dalmeny Consulting will provide valuable Financial Management advice.
SMEasy is proud to be associated with uplifting Social Entrepreneurs who will be creating positive change in their communities. The team is looking forward to seeing these young innovators thrive, and will be on-hand to provide support wherever necessary.