Incubator



"Work as a Business Exchange catalyst – a service where people can be assisted in the field of global business ventures and opportunities; online businesses, network meetings, investor arrangements, international collaboration, franchisees, and dealerships."

The benefits of the Business Incubator will be evident in the growth and development of the manufacturing, technological, and services industry in terms of increasing competitiveness, production, productivity, and job creation. Our incubator partners will provide support services enabling a one-stop store for market entry. Serious higher-level services like International Arbitration, FDI facilitation, Company formation, and other Government Liaising requirements will also be available.

Objectives
Business incubators serve as a catalyst tool for either regional or national economic development. The Global Innovation and Technology Centre will operate an initiative that will help new and start-up companies to develop by providing support services. The Key Objectives of the Incubation Programme will be to:

1. Support new business opportunities and entrepreneurship in South Africa.
2. Promote key technology industry drivers that will prepare businesses for a strategic forward thinking mind-set.
3. Enhance competitiveness within the local industry to capture a greater portion of local demand.
4. Promote and develop supply value chains.

Funding

Start-ups, as well as companies that are acquiring, selling, expanding a business that is part of the GITC programme, can be provided with the tools to apply for funding through the appropriate mechanism available locally and globally. Hundredfold Investment is our partner to promote investment in South Africa and they work with GITC on investment opportunities in key projects and industries that drastically impact the local and global market place in a positive and purpose-driven manner.

Skills Development

The Olive College of Learning is a learning institution located at The Olive Convention Centre and has an evolving curriculum which provides learning in key areas in meeting societal needs. GITC has courses that are designed for individuals in the scarce skills sectors of the business world and have expanded to an e-Learning platform that will allow for training to facilitated according to the availability of the learner.

Incubation Projects

The online Broad-Based Procurement Portal (BBPP) will position the black business in a “procurement hub” and will be hosted in South Africa. The BBPP technology-driven Portal will match procurement spend (Buyers) with Black Controlled Enterprises (Sellers). It will serve as a Market Access Point (MAP) to promote economic transformation.

Community WIFI based in Durban, RSA, is in the testing phase at Olive Convention Centre on nearby residential units to extend the range. Once testing is complete our partners will assist with expansion to rural communities offering long-range internet connectivity to Support Community CoLabs environments.




Green C- Energy (Pty) Ltd will provide solutions to Waste, Energy, and Water Treatment issues existing in South Africa and attract global investment and support into clean energy solutions that utilize renewable resources and reduce the production of waste in particular.

The online Broad-Based Procurement Portal (BBPP) will position the black business in a “procurement hub” and will be hosted in South Africa. The BBPP technology-driven Portal will match procurement spend (Buyers) with Black Controlled Enterprises (Sellers). It will serve as a Market Access Point (MAP) to promote economic transformation.

Two the Point Properties in conjunction with the Malaysian Company UEM Sunrise will be developing the point area in Durban, RSA, by creating new residential living opportunities and new commercial sites. There will be a Smart City Technology initiative in collaboration with global partners affiliated with GITC.

Olive Convention Services in affiliation with Sandringham Farm in Western Cape, RSA, will be establishing a 1 Hectare Aquaponics programme with assistance from the GITC network.

Application Form