BDS Providers on the Catalyst for Growth Analytics Platform
BDS providers have an important role to play in the development of the South African economy. Catalyst for Growth’s goal is to make the BDS marketplace more transparent by separating high performers from those with lower performance results. By joining the Catalyst for Growth platform, BDS providers will be able to demonstrate the quality of their BDS services to the general public. They will also benefit from the opportunity to facilitate access to capital for the SMEs in their programme though Catalyst for Growth.
If you are a BDS provider interested in joining the analytics platform, please contact us at firstname.lastname@example.org.
What is the value of the Catalyst for Growth analytics platform to a BDS provider?
- Attract new clients. The Catalyst for Growth platform will increase the market competitiveness of BDS providers by acting as a platform that clearly sets apart high-quality BDS providers from lower-quality BDS providers. Further, being part of the Catalyst for Growth platform can help to smooth the transition to new markets by acting as an indication of value in locations where the provider’s brand is not yet well-known.
- Connect SMEs with finance. Catalyst for Growth can assist in securing investment for clients by leveraging data collected to engage investors. SMEs BDS providers can opt to have data about their business forwarded to our investment partners. This service both streamlines the process of introducing SMEs to investors and helps to demonstrate to clients the direct link between BDS and their ability to secure finance.
- Continuously improve impact. Catalyst for Growth will provide BDS providers with annual data on the impact of the services on client SMEs that is rigorous, comparable, and independent. The methodology will be designed with transparency and analytical rigour in mind, such that the results are useful to BDS providers.
How can BDS providers get involved in Catalyst for Growth?
- Catalyst for Growth is currently inviting practitioners to join the Beta Group. Catalyst for Growth is currently signing up pioneer BDS providers to be part of the Beta Group. Providers of all types can sign up today, and there is no cost to providers who wish to join the Catalyst for Growth platform. If you are interested in learning more about Catalyst for Growth or signing up for the platform, please contact us at email@example.com.
Participating BDS Providers
Catalyst for Growth is in the initial stages of developing a methodology and audit process for its analytics platform. Information about focus groups and beta testing will be released in the coming months. For more information about the platform, and how to participate as a Beta Group member, please email firstname.lastname@example.org.
The following BDS providers participated in the pilot programme:
|Aurik Business Incubator is a virtual business incubator established in 2001. It provides a range of business service to early-stage entrepreneurs to build their businesses into assets of value. Aurik has been directly involved in 12 start-up ventures as an active venture capital investor and has worked with more than 600 entrepreneurs over the last 8 years. www.aurik.co.za|
|Raizcorp is Africa’s only unfunded for-profit business incubator model, which provides full-service business support programmes that guide entrepreneurs to profitability. Raizcorp was founded in 2000. Raizcorp has worked with over 800 businesses and currently supports excess of 240 companies in 8 locations in South Africa and Angola. Approximately 86% of Raizcorp’s partner companies have a growth rate in excess of 15% per annum. Over a period of 1 to 2 years, Raizcorp has managed to increase the turnover and profitability of over 95% of its partner companies. www.raizcorp.com|