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TOURISM ENTERPRISE PARTNERSHIP PRESENTATION

TOURISM ENTERPRISE PARTNERSHIP PRESENTATION. 2008. The Tourism Enterprise Partnership (TEP) facilitates the growth and expansion of small and medium-sized enterprises (SMMEs) in the Tourism Economy, resulting in job creation and income generating opportunities.

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TOURISM ENTERPRISE PARTNERSHIP PRESENTATION

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  1. TOURISM ENTERPRISE PARTNERSHIP PRESENTATION 2008

  2. The Tourism Enterprise Partnership (TEP) facilitates the growth and expansion of small and medium-sized enterprises (SMMEs) in the Tourism Economy, resulting in job creation and income generating opportunities During the first six years TEP assisted more than 3100 SMMEs to grow their revenues by more than R2,1 billion collectively, creating more than 30 500 jobs in the process. Through striving to make TEP broader, more market driven and with greater impact, the Partnership has been extended for a third time. Phase III will retain the transaction facilitation approach but will also focus on broader development elements such as Business Development Services, Strategic Initiatives, Subsector Strategy Development and Local Government Assistance

  3. What does TEP do TEP identifies SMMEs who have the potential to grow and create jobs and who already have viable business ideas. We then assist them to: • Realise business opportunities in the tourism value chain • Equip themselves to take advantage of these opportunities The types of services TEP can offer includes: • Professional Assistance (Business Plans, Research, Marketing Strategies etc.) • Operational Assistance (Accounting, Legal, Tendering, etc.) • Marketing Assistance (Exhibitions, brochures, Websites, Advertising etc.) • Training • Association Development Assistance • Development of HIV/Aids Workplace Partnerships

  4. How does TEP assist Although TEP does not provide funds for capital or purchasing of assets, we do have a Training and Technical Assistance Fund (TTAF), which can be used to contribute to the cost of a particular assistance on a cost-sharing basis. All applications are carefully evaluated and must fit into the TEP objectives of job creation and income generation. Depending on the circumstances the client contribution must at least equal the TEP contribution. The aim is to build the capacity and skills of the SMME and to enable them to operate successful without creating a dependence on future assistance from Partnerships such as TEP. Whilst TEP assists SMMEs in identifying suitable finance, be it from banks or non-bank financial institutions, the TTAF fund cannot be used as a bridging mechanism or in any other way to provide such funding.

  5. What you must know The Costs Involved: Registration and receiving assistance from TEP is free of charge however the TTAF fund works on a cost-sharing basis. The Process: • SMME’s must be registered with TEP and must apply for each assistance separately and in advance • TEP can not get involved after the service has already taken place • TEP is required to maintain good governance regarding the use of donor funds and as such we require very comprehensive documentation from our SMME’s and we spend much time in the proper validation of information.

  6. Contact Details National Geographical Footprint Head Office Gauteng Lisa Hoskins lisah@tep.co.za KwaZulu Natal Brian Avnit, Nelson Haines & Reno Wymane Tel: 031 305 7006 kwazulunatal@tep.co.za Western Cape Shareen Parker Tel: 021 461 5735 tepadmin@africanequations.co.za Mpumalanga Gay Mokoena Tel: 013 752 2300 silulu@icon.co.za / silulu@dai.com Free State/Northern Cape Ben Cederstroom Tel: 051 444 0070 Ben@cederinvestments.co,za Limpopo Norman Molomo Tel: 015 295 7287 Norman.Molomo@eciafrica.com

  7. For more information: Our Web Site at: www.tep.co.za KwaZulu-Natal 2nd Floor Tourist Junction Building 160 Pine Street Durban Tel: (031) 305 7007 Fax: (031) 301 7912 Business Development Consultants Nelson Haines – 082 9738072 Reno Wymane – 084 514 6905

  8. THANK YOU

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