On 8 February, the Innovation Hub, facilitated by Expression Hub, PR Marketing Communication Consultants, held a boot camp for budding entrepreneurs.
The one-day workshop taught entrepreneurs how to base their businesses using the Business Model Canvas. They were also trained on how to pitch their ideas to potential investors and apply to have their ideas incubated.
The day’s speaker was Mr Raleshaba Moeng, founder of Inspiration, a consultancy geared towards assisting small businesses. He has a background in a broad range of sectors including the public sector, information technology, media and entertainment and entrepreneurship. The agenda of his presentation included an introduction to the world of entrepreneurship, the business model, the Business Model Canvas and the Value Proposition Canvas.
He also focused on differentiating between a Business Plan and a Business Model.
Learners were excited to be a part of this programme and participated in a number of exercises. “Such programmes groom me to be the person I want to be. I grew up in a science family and since I joined Enactus VUT, I have started seeing things differently. I want to be a businessman who is well equipped,” said Mzwakhe Radebe, a photography student.
Learners were given five minutes to make their mark and pitch their ideas to Mr Ogonne Ntwae, Senoir Manager: Office of the CEO at the Innovation Hub, who judged the process. Results of those who were awarded an opportunity for incubation will be communicated at a later stage.