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kasi-conomy hub
Our goal is to provide a supportive environment with access to resources to transform great ideas into viable businesses.
Integrated in masifunde’s holistic out-of-school youth programme that provides individual support to marginalised people - youth and women in particular - who struggle to find employment, our entrepreneurship programme is specifically designed to holistically empower young (future) business owners to set-up and grow their enterprises in a sustainable, market-oriented und resilient way.
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Project Background
Youth unemployment in South Africa was 63.9% in 2022. The World Bank notes that this is amongst the highest in the world. Seventy-five percent of all unemployed persons in South Africa are youth. These high unemployment levels result in greater poverty, less opportunity, and immeasurable wasted human capital.
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Accelerating Business Ideas
To become self-employed or grow their existing business, youth can enter the entrepreneurship programme at any level - depending on where they stand at the given point. Whether it’s just an idea or an already running business: a designated Youth Support Agent helps them to identify their currents needs and opportunities to grow.
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The Incubator
The incubator building hosts twelve business units for young entrepreneurs. Each unit is equipped with relevant infrastructure and can be used as a place of manufacture of products, as well as a platform to showcase and sell services to walk-in customers and visitors. The incubator building is located next to masifunde’s out-of-school youth centre, where local youth may seek career guidance.
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The Shop
As you enter the kasi-conomy hub, you'll find a shop where local entrepreneurs sell their goods This shop is open to all local producers, not just the ones working in the hub. We encourage you to come and have a look for gifts, jewelry, clothes, and more - all hand-made locally.
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Izandla Zethu & Skaftin 2.0
In the heart of our bustling kasi-conomy hub, you can find Skaftin 2.0, where you can indulge in a cup of delicious coffee. And while you're here, don't forget to check out the Izandla Zethu workshop, conveniently located on the premises
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Find out more about our entrepreneurs-in-residence, the services they offer and how you can contact them.