AfriCanna Inc. supports SMME development in the following ways:
- Seven-day Eco-war Bootcamp (where participants are exposed to existing economic opportunities in the cannabis industry)
- Seven month Get WET (Work Entrepreneurship Training) Accelerator Programme where upcoming entrepreneurs are assisted in deciding whether they want to work, enterprise or further training.
- Incubation Programme (24-37 months) which includes the development of a bankable business plan based on existing market opportunity and linkages to accredited mentors who provide guidance, education, and exposure to cannabis entrepreneurs.
We convert and redesign traditional learning material into content that is engaging, trackable and which leads to improving employee performance and building unified organisational cultures.
AfriCanna Inc’s strategic investment is directed in the following areas of intervention namely:
⚬ Growth, turnaround strategies and product development
⚬ Economic development (ED)
⚬ Local economic development (LED) and sector stimulation
⚬ Enterprise and Supplier development, transformation & B-BBEE opportunities
⚬ Innovation Opportunities based on a thorough understanding of the industries in which we operate
- By achieving the above, strategic intent is created that reflects the needs of the provinces/sectors in which we operate.
There are various sources available for the funding and financing of SMME’s additionally we unlocking grant funding from various government institutions to supplement clients’ investment in Enterprise and Supplier Development.
Despite their significant contribution to economic growth, SMMEs across globe, and in particular in South Africa, are still faced with numerous challenges that inhibit entrepreneurial growth. Access to finance has been acknowledged as one of the major challenges impeding the survival and growth of the SMME sector in South Africa.
There are various sources available for funding and financing of SMMEs.
AfriCanna Inc has an intimate understanding of the complexities and challenges faced by SMMEs in respect to access to funding. AfriCanna Inc has developed lasting relationships and partnerships with most finance service providers, development agencies and government institutions in South Africa. We are also uniquely positioned to gain access to the myriad of funding resources available to our corporate clients in respect of joint funding initiatives, public/private sector partnerships, access to human capital, and the confluence of locally sponsored funding initiatives and sovereign wealth funds that are available.
To this end, AfriCanna Inc is able to compliment our clients’ pool of resources with other funding mechanisms to play a central role in the success and support of SMMEs with common purpose and mutual benefit.