The Hope Factory
Do you want a stress free way to achieve your maximum ED and SED points with a reliable and established organisation?
The Hope Factory employs an innovative process of guiding, supporting and equipping the grassroots entrepreneur through the survivalist, subsistence phase of his or her business towards the small business of the future.
It is the delicate balance between equipping through business training and encouraging self-actualisation which leads to the "tipping point" for the entrepreneur and signals the beginning of a successful journey to a sustainable business.
Assisted by enterprise development investments from over 200 Companies, The Hope Factory has equipped more than 800 individuals with the skills needed to achieve their highest level of independence.
Our track record speaks for itself with 76% of Hope Factory graduates from the past 5 years still financially sustainable.
Many of our entrepreneurs begin by starting a "home-based enterprise" (HBE) which should not be underestimated in their contribution of R6 billion to the economy annually. Growth of the enterprise is key and, with the ongoing assistance provided through extensive mentoring and support programmes, we ensure that our enterprises are set up for success. They begin by being "survivalist" in nature, progress to being "sustainable" and finally "growing" where they are looking for further opportunities and moving towards being a micro enterprise.
By investing in The Hope Factory, you are assured, through our past track record and through consistent management and monitoring by SAICA that your investment will result in empowered, productive entrepreneurs.