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USB partners with MEDO for broader education reach
The University of Stellenbosch Business School’s Executive Development (USB-ED) and Micro Enterprise Development Organisation (MEDO) have signed a letter of intent to collaborate. This is a partnership between one of the top executive development programs in the world and a support initiative attempting to bridge the gap between the disadvantaged and quality tertiary education.
MEDO wants to change the creation and sustainable development of entrepreneurs dependent on corporate Enterprise Development (ED) funding to enable training, business support and relevant initiatives geared towards the 90% of the population who have previously had no access to these services.
On the other hand, Judi Sandrock, CEO of MEDO says that the USB Executive Development is one of two South African Universities to be ranked within the top 50 executive education institutions in the world.
This partnership goes along with supplier development business training to be conducted through an accredited tertiary institution that is in line with the proposed Broad-Based Black Economic Empowerment (B-BBEE) Amendment Bill. MEDO has recognised the need to assist organisations to develop winning Enterprise Development strategies, operational roll-out plans and other related advisory services to support their BBBEE and broader investment priorities.
The foundation courses “will take place near the entrepreneurs – in townships and rural areas.” Sandrock also notes that “the supplier development training and [the] bootcamp for [the] International Trade Programme will take place at USB-ED in Bellville as part of this partnership.”
USB-ED also has an office in Johannesburg and will be opening offices in other parts of Africa as part of it vision to see leaders across Africa and beyond servicing others with wisdom and courage.
“Entrepreneurship is greatly needed on the African continent and is currently a key focus area of the South African Government,” says Frik Landman, CEO of USB-ED.
Landman further explains that the people behind USB-ED are “passionate about supporting entrepreneurs and therefore see this partnership with MEDO as a strategic step towards growing entrepreneurs not only for South Africa but also for the rest of the continent”
