Greater alignments of our CSI spend with our CSI framework has led us to concentrating on a smaller number of impactful projects that are focused on our key themes of education and job creation/enterprise development.
Our enterprise development initiatives include the support of economic transformation initiatives that promote meaningful and sustainable access and participation of previously disadvantaged people into the economy. Support from Deloitte ranges from financial assistance to pro-bono services as well as ongoing mentoring and coaching of economic transformation initiatives. Some of our enterprise development projects include:
Besides its involvement with the ACFS, Deloitte supports enterprise development projects which include:
1. The Succeed Programme
Working in partnership with the Business Women’s Association (BWA) and Business Partners, Deloitte is involved with assisting female small business entrepreneurs to increase the percentage of sustainable businesses.
The programme uses business advisory skills from senior leaders from Deloitte in finance, sales, marketing, operations, human resources, legal and information technology.
Through the Succeed programme, ten business women to date have benefitted from the professional support and development of critical business skills and the interactions with the business partners involved in the programme.
Jala Capital is an investment holding company operating in the spheres of mergers and acquisitions and financing. It assists enterprises by offering them financial engineering and strategic insight expertise. Deloitte has prviously provided discounts to Jala Capital on professional and support services.
Endeavour is a non-profit organisation that identifies and supports innovative, high-growth entrepreneurs in emerging markets around the world. Deloitte entered into a strategic partnership with Endeavour to enhance the support and growth of a wide spectrum of promising and established South African enterprises, with a special focus on the inclusion of entrepreneurs in previously disadvantaged communities in South Africa. Through this partnership, Stoned Cherrie, Stitch Wise and Lere Shoe Shine have benefitted from services provided by the Consulting Strategy & Innovation team during the last two years. The services included strategic assessments, growth opportunities, sales and marketing strategies and expansion planning for the three companies.
4. Hope Factory
Hope Factory is a non-profit company focussed on developing, equipping and supporting previously disadvantaged South Africans to establish and grow businesses through a 15-week training programme. Deloitte contributes financially to the Hope Factory to enable it to reach more beneficiaries.
During the last 12 months, more than 120 unemployed people have been empowered through the Hope Factory training and development programme, bringing the total to 800 beneficiaries in the last ten years.
5. Sonke Skills Solutions
Sonke is a partnership between Consulting, Yvonne Mhinga and The Learning Alliance Trust. It focuses on mentoring, coaching and supporting learners on learnership initiatives. Services include support relating to formal training, workplace training, advice and support relating to career development, study assistance and guidance, special attention to disabled learners in the workplace environment and counselling.
Deloitte provides professional services to Sonke at a discounted rate, and offers office space, furniture and the use of the office equipment at no cost.