Apply now for the Standard Bank Development Program 2024. The program is open to South African female entrepreneurs to equip them with valuable knowledge and skills that will enable them to build unstoppable ventures.
The Standard Bank, in partnership with Giving Wings, launched the Basali Development Program. Basali (pronounced Basadi) is derived from Southern Sotho, which means ‘women’. Every year, the development program embarks on a journey of business development with female entrepreneurs to support and introduce valuable skills that will help them build successful businesses.
Eligibility and Requirements for the Standard Bank Development Program
Participants must meet the following:
- Participant’s ventures must be black women-owned businesses (black as defined by the Broad-Based Black Economic Empowerment Act).
- Participant’s ventures business must be registered with CIPC.
- Participants must be South African citizens trading in South Africa.
- Participants must have a total annual revenue of less than R10 million.
- Participant’s ventures must have commercially viable operations with foreseeable growth.
- Participants must not be Alumni of the Basali Development Program.
- Participants must not be a Standard Bank employee.
What You Stand to Gain from the Standard Bank Development Program
Selected participants will receive the following:
- Selected participants will receive knowledge, skills, and tools to elevate their businesses to sustainability and profitability.
- Selected participants will have opportunities for financial support through grant funding sponsored by Standard Bank.
- Participants will experience an entrepreneurial journey to keep them inspired, motivated, and committed.
- Selected participants will have opportunities to connect with business coaches, subject matter experts, and fellow like-minded entrepreneurs who are committed to helping you grow.
The application deadline is the 30th of November, 2024.
Click here to apply.
For more information, visit the official webpage of the Standard Bank Development Program 2024.