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MEDO’s startup truck starts off in Cape Town to educate local entrepreneurs
It’s 2015, and MEDO (Micro Enterprise Development Organisation) is back with its mobile office for South African entrepreneurs. Called Treppie, its mobile truck sets out to give entrepreneurs the opportunity to chat with the MEDO team who helps companies achieve their Broad Based Black Economic Empowerment goals.
The initiative this year starts its trip in Cape Town where it plans to travel through urban, suburban and rural areas on a mission help smaller and medium South African enterprises to grow. This presents a great opportunity for big businesses to jump start these aspects of their businesses — especially considering the imminent amendments to BBBEE legislation.
Read more: MEDO entrepreneurs return to SA after successful international trip
This week, Treppie will set up shop at MEDO’s Cape Town offices at Business Centre, Walter Sisulu Avenue. The initiative is inviting both entrepreneurs and corporates from varying fields, from mining to banking.
MEDO CEO, Judi Sandrock says: “We are delighted to bring the Isuzu Treppie to the Cape Town community in what we believe presents a great opportunity for us to assist in the development of emerging enterprises – a vital sector spearheading economic growth in our country.”
“In doing this we have also created a unique opportunity for large organisations to involve themselves with these businesses and in so doing to advance their Enterprise Development and Supplier Development strategies,” she adds.
The initiative fits in with the company’s goal of connecting large companies with emerging and small to medium enterprises which are at least 50% black owned.
The launch comes at the back of a successful 2014 which saw MEDO travel through South Africa’s Western Cape with its mobile truck as well as giving nine local entrepreneurs the opportunity to present their their businesses in the UK.