Entrepreneurship Programme
The OCFO Entrepreneurship Mentoring Programmes transfer tactical business skills to upcoming entrepreneurs.
OVERVIEW
Our Entrepreneurship Mentoring Programmes provide essential business skills, training and support to SMEs.
The aim of these programmes is to bridge knowledge gaps, provide access to financing and ultimately, build successful, sustainable businesses.
In working with multiple entrepreneurs in various industries over the years, we have identified essential supportive services that SMEs require to grow effectively. Our programmes are designed to upskill founders and hone their ability to unlock the resources necessary to take their business to the next level.
Our programmes include:
- Finance Readiness
- Market Readiness
- Startup School
- CFO Mentorship
FoundersFoundation NPC (“FF”)
Believing that the future of South Africa and the transition out of poverty for the majority of our people depends upon the growth and success of startups and entrepreneurs, the FF is established as a non-profit company, and has the following objective:
To support, serve, develop and enable SMEs – primarily black-owned – with a strong focus on young, female-led startups. This is achieved through capacity building, training, and providing access to ongoing support and mentorship including, inter alia:
- Training events, enterprise ecosystem meet-ups, incubator and accelerator programs
- Raising public awareness of the need to support and fund SMEs
- Educational journeys for SME builders, providing inspiration and information to equip them for the future
- Positioning startups to receive other support and funding to grow and thrive
Entrepreneur Programmes
Finance Readiness
The intent of the Finance Readiness Programme is to provide the entrepreneur with financial insights and expertise to facilitate an improved ability to raise funding and grow their business. A full suite of fundraising services will be performed. These will include the most critical and most often overlooked elements required for a successful fundraise.
Funding for entrepreneurs in South Africa is within arm’s reach. Founder teams looking to scale their business through funding or financing may, however, find it difficult to manage the complexities of the funding process.
Entrepreneurs who have all aspects of their business organized, with specific financial functions in place,have proven to be better positioned to engage with potential investors. The programme aims to provide the entrepreneur with financial insights and expertise to facilitate an improved ability to raise funding for their business.
A full suite of fundraising services will be performed and these include the most critical and most often overlooked elements required for a successful fundraise.
Investor Round Table
At the programme finale an exclusive Investor Roundtable Event is hosted.
Here, companies who have taken part in the program/me are showcased to a high profile group of investors in the exciting “Dragons’ Den” style format.
Entrepreneurs feedback from the previous programmes:
On completion of the Finance Readiness Programme, the entrepreneurs were asked what value/ROI was derived from completing the programme:
- Change in Business Thinking – 85%
- Change in Business Operations – 75%
- Job Creation – 75%
- Change in Business Structure – 70%
Market Readiness
Marketing, selling, and business development are essential to building a successful entrepreneurial venture. Unfortunately, not all founder teams have backgrounds and experience in this niche domain.
For some, these skills come naturally. For others, gaps in their ability to gain clients and market access halts their growth and limits their ability to realise their vision.
The aim of the Market Readiness Programme is to equip founders with the skills, knowledge and tools required for successful sales, marketing, and business development efforts. Sharpening these tools in a founder’s toolbox will lead to an increase in their ability to generate business and revenue – leading to a significant impact on their personal and business growth journey.
Startup School
Starting a company can be daunting. The Startup School provides founders with a platform to learn from experts in the field. Entrepreneurs will gain insight and practical skills to help them develop and grow their business.
CFO Mentorship
CFO mentorship provides early-stage entrepreneurs with the opportunity to learn and receive guidance on the improvement of their financial function. This is facilitated through one-on-one mentorship sessions with a dedicated CFO mentor that is allocated to the entrepreneur.
TESTIMONIALS
What Our Clients Say.
Entrepreneurs change the world. They create growth, job opportunities and social impact. We serve entrepreneurs! Hundreds of founders and management teams tap into the expertise of their trusted finance and accounting partner to help scale their companies.
Business is about people. When you partner with Outsourced CFO, a finance professional or team with the right mix of knowledge, skills and experience is personally matched with your company – working with you to create a world class finance function for your growing company. Your success story is our success story.
PARTNERS
Our Clients.
RESOURCES
Read Our Latest Insights.
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FAQ
Frequently Asked Questions
What is an entrepreneur training programme?
An entrepreneur training programme is aimed at providing business support to founders. This is through upskilling and access to resources/experts to provide new insights to take businesses to the next level.
What makes a successful entrepreneur mentorship programme?
At OCFO, it is important for us to see growth in the entrepreneur’s business and growth in the entrepreneur’s journey. We want the entrepreneurs to be able to use the skills they have gained and confidently multiply their efforts 100-fold post our programs. Having access to the right skills and the right people can lead this growth. The CFO mentors are hand picked experts in their field, ready to share their knowledge with the entrepreneurs. Our approach is structured, tailored, and personable.
How can Outsourced CFO help startup entrepreneurs scale their business?
We regularly run various entrepreneurship programs. Our programs are bespoke for specific growth areas including financial mentorship, marketing and sales as well as finance readiness.
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