The 35 small businesses based at the Seda Nelson Mandela Bay Information Communication Technology Incubator (SNII) recorded an increase of R2,2 million in turnover from R5,3 million in the previous year to R7,5 million in the 2012/13 financial year. Announcing the incubator’s results today, centre head Sipelo Lupondwana says the increase in turnover was significant in relation to total grant funding of R3,5 million in the review period. The businesses created a total of 35 direct and 70 … [Read more...] about Seda Nelson Mandela Bay ICT incubator entrepreneurs increase turnover to R7,5 million in 2012/13
Siphelo Lupondwana
Nelson Mandela Bay ICT incubator delivers solid performance and growth
Thirty-one information communication technology (ICT) small businesses being incubated at the Seda Nelson Mandela Bay Information Communication Technology Incubator (SNII) have produced solid results generating R6 million in turnover whilst creating a combined 95 direct and indirect jobs in the 2012/13 financial year. Funded by the SEDA Technology Programme and the Nelson Mandela Bay Municipality, SNII is a hub for emerging ICT entrepreneurs where they thrive and grow. It aims to create … [Read more...] about Nelson Mandela Bay ICT incubator delivers solid performance and growth
