Silulo Business Incubation Centre (SBI) in Mitchells Plain was launched in April last year through a partnership with Silulo Ulutho Technologies and Vodacom Business.
Through the use of technology and the Vodacom Business product suite, Silulo Business Incubation Centre aims to transform and digitise SMEs in South African townships, empower SME owners. The partnership works to help SMEs in Mitchells Plain, and the broader surrounding areas, become fully digitised and thus enhance the productivity of their businesses, this includes a dedicated receptionist, a working desk, wifi access, access to meeting rooms and training and networking events.
Luvuyo Rani who is the co-founder and MD of Silulo Ulutho Technologies, says the incubator has grown leaps and bounds since its beginnings as a tiny information and communication technologies (ICT) business selling refurbished computers from the boot of his car in 2004.
“We now have 15 offices with no shared space. Seventy percent has been taken so far.
“It is quite promising but we are still to reach break-even point – this may take us a year. Thanks to Vodacom for a year’s commitment in taking care of part of our costs.”
Rani shares their plans for continuing their mission to upskill entrepreneurs.
This year, Silulo will be focused more on training. We have partnerships with UWC Co-Labs and Tsiba.
We have a digital skills for SME course, cyber security and entrepreneurship courses. We believe that there is a huge potential in skilling all SMEs around digital skills.
I wish growth, prosperity and more opportunities for South Africa’s entrepreneurs.