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ABOUT THE HOPE FACTORY

The Hope Factory Group, consisting of The Hope Factory (THF) Company and its subsidiary SAICA Enterprise Development (SAICA ED), focuses on economic transformation and sustainable small business development.

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The Hope Factory is a registered Non-Profit Company and Public Benefit Organisation, with a Level 1 B-BBEE rating that was formally established in 2004 and focuses on the implementation of Socio-Economic and Skills Development solutions.

SAICA ED, a PTY LTD manages Enterprise and Supplier Development Programmes and as a Qualified Small Enterprise (QSE) has a Level 1 B-BBEE rating.

Both organisations are entities of SAICA, the South African Institute of Chartered Accountants.

Click for more information about our offerings and strategic development projects. Implemented on behalf of private and public organisations.

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HISTORY

The Hope Factory was founded in 2001, and became an entity of the South African Institute of Chartered Accountants (SAICA). We are a registered Non-Profit Company (2004/006858/08) and a registered Public Benefit Organisation (930033669).

The Hope Factory is a level 1 B-BBEE organisation who can issue Section 18A certificates for tax deduction purposes. You can also earn Socio-Economic and Skills Development points on your B-BBEE Scorecard.

The aim of The Hope Factory has always been to give unemployed black South Africans a hand up, not a hand-out; to help them generate a sustainable future for themselves.

See our timeline below

2001
Founded in a Garage

Started in Cape Town to assist 50 women to become economically active.

2004
Officially Registered

Registered as an NPC and became affiliated with SAICA.

2011
Expanded Services

Expanded to include Socio-Economic and Enterprise Development.

2018
Launched SAICA ED

SAICA Enterprise Development (Pty) LTD was launched.

2024
Celebrated 20 Years

Celebrated 20 years of developing businesses and impacting communities.

SAICA Enterprise Development and The Hope Factory remain committed to driving sustainable entrepreneurship development.

OUR VISION | MISSION

Vision

To play an active role in economic transformation through advancing the sustainable growth of entrepreneurial Black-Owned business which in turn will create employment opportunities.

Mission

To uplift and equip individuals through impactful Socio-Economic and Skills Development programmes, enabling economic inclusion, eradicating poverty, and contributing to the United Nations Sustainable Development Goals.

Intent

Our intent is to empower unemployed youth and entrepreneurs in communities to become economically active through finding employment or starting their own businesses.

MESSAGE FROM ANNIE MCWALTER
GROUP CEO

Our passion for people to develop key entrepreneurial skills and job readiness skills in youth and women through our Socio-Economic Development and Skills Development initiatives and grow MSMEs (Micro, Small and Medium Enterprises) through our Enterprise and Supplier Development programmes are the aims of The Hope Factory and SAICA Enterprise Development respectively.

Our integration and the influence of our governing body, SAICA, has been influential in our positioning of being difference makers in the context of MSME Development in South Africa.

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THE HOPE FACTORY CHANNEL

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