MINISTER LINDIWE ZULU TO LAUNCH THE TECHNOLOGY BUSINESSES INCUBATION PARTNERSHIP THAT FOCUSES ON BLACK ENTREPRENEURS

20th February 2017

Minister of Small Business Development, Ms Lindiwe Zulu and the French Ambassador, Mr Christophe Farnaud will, on Tuesday, the 21st of February launch the French South African Tech Labs, the new incubator and accelerator dedicated to South African and French entrepreneurs.

The launch, which will take place in Century City, Cape Town, is a partnership between Methys, an international company operating in digital transformation and Seda (Small Enterprise Development Agency), an agency of the Department of Small Business Development  Both organizations have invested a combined R10 million in this new programme for entrepreneurs.

This initiative seeks to enhance links between France and South Africa in the innovation ecosystem.

The primary goal of this partnership is to transform ideas and projects into sustainable businesses and to create dozens of jobs in the next few years.

Members of the media are invited as follows:

DATE           :         Tuesday, 21 February 2017
TIME            :         10:00
VENUE         :         FSATL, Mayfair Block C - Century Way              
                               Century City, CapeTown

This launch is a build-up to the Global Entrepreneurship Congress which will be held in March this year - for the first time on the African continent!
   
Cornelius Monama
Department of Small Business Development
Head of Communication / Spokesperson
Tel : +27 12 394 3027 / Cell: +27 060 960 3158
Email: Cmonama@dsbd.gov.za / CMonama@gmail.com
Twitter: @cmonama