JR Prodigy Ventures (Pty) Ltd
| Business Location: | Urban |
| Province | Eastern Cape |
| Branch: | Nelson Mandela Bay |
| Business Start Date: | |
| Busniess Type: | Company |
Business Dynamics and Challenges
Business Activities:
Water Management Solutions
Challenges/Needs:
The owner needed assistance with the development of a Business Plan to
submit for funding.
The business required a vehicle for efficient transportation of stock and
equipment.
Their IT equipment was outdated.
Intervention Insights and Results
Intervention Details:
The owners were assisted with the development of a business plan and cashflow projections for the purpose of applying for funding.
They were assisted to submit a funding application (Asset Assist Grant programme) to acquire a vehicle and IT equipment.
They were assisted to submit a funding application (Asset Assist Grant programme) to acquire a vehicle and IT equipment.
Outcome Details:
The funding application (Asset Assist Grant) to the value of R 215 358.08 was approved.
A new vehicle and IT equipment were procured.
Employment increased by 400 % from two (owners only) to ten employees (including the owners).
A new vehicle and IT equipment were procured.
Employment increased by 400 % from two (owners only) to ten employees (including the owners).
Client Feedback
Client Comments:
We appreciate all the support provided by Sedfa, not only Asset Assist, but even the ordinary advice and guidance provided by the business advisor.
