14 Cape Town-based Property SMEs get Major Boost
The 14 businesses joined Property Point’s enterprise and supplier development programme in July 2018 as part of its latest intake. All 14 small businesses deliver services to the property industry, such as painting, electrical work, building maintenance, heating, ventilation, and air conditioning (HVAC), fire protection, steel works, cleaning, renovations, tenant installations and plumbing.
Property Point will support them to grow, build good reputations, access market opportunities, and use innovation to become sustainable concerns that benefit the entire property sector and stimulate the economy as a whole.
Shawn Theunissen, head of corporate social responsibility at Growthpoint Properties and founder of Property Point, explains: “Developing entrepreneurs and advancing small businesses in our supply chain is imperative for Growthpoint. Development programmes improve supplier performance and add value to supply chains in a proven win-win for both small and big businesses. It fosters transformation that benefits Growthpoint, our clients, and small business, the property sector and the country.”
For the entrepreneurs, Property Point’s development programme helps them to build a sustainable business and sidestep stumbling blocks that too often result in small businesses failing.
It also goes well beyond this to raise the profile of the entrepreneurs and strengthen their competitiveness. In addition, the programme aims to create market linkages for small businesses that will see them included in procurement opportunities in the broader property sector, as well as Growthpoint. This better positions them to grow and thrive as profitable small businesses, provide opportunities for new jobs and support South Africa’s economic growth.
This is Property Point’s first full intake in Cape Town for some years. It leverages the deep-rooted success Property Point has achieved in growing competitive small businesses and unlocking supply chain opportunities in the property sector in Gauteng and KwaZulu-Natal.
Over the past decade, Property Point has changed the small business landscape in South Africa’s property sector and established an excellent track record of its own. In the 10 years since it was founded by Growthpoint Properties in 2008, it has created 2,108 jobs and generated R883 million in procurement opportunities for the 154 SMEs that have participated in its two-year enterprise and supplier development programmes. These small businesses have reported an average 43% growth in revenue.
Property Point has also pioneered collaboration across businesses in the property sector including partners, such as Attacq and the Department of Small Business Development, to drive enterprise and supplier development forward for the sector.
“We’re delighted to welcome our new Cape Town entrepreneurs to the programme and look forward to sharing a bright future together. We are excited to expand our impacts on small enterprise development, job creation, economic growth and a more inclusive economy for South Africa,” says Theunissen.
The 14 businesses that make up Property Point’s new Cape Town intake for Growthpoint are:
1. HEB Maintenance, headed by entrepreneur Craig Cullis
2. W.G. Dixon, headed by entrepreneur Rudi Refae
3. Simunye Planscapes, headed by entrepreneur Reggie Mayman
4. G Salie Painters, headed by entrepreneur Achmat Soeker
5. Coalition Cabling & Electrical, headed by entrepreneur Mariam Diedericks
6. Dry Force, headed by entrepreneurs Patrick Robinson and Jill Johnston
7. Zascon Group, headed by entrepreneurs Waseem Ismail and Sideeqah Booley
8. A.N.S Fire Protection Services, headed by entrepreneurs Jameel Adams and Razeem Adams
9. ASQ Projects, headed by entrepreneurs Zaid Abrahams and Khalid Abdullah
10. Ole Bogeng & Associates, headed by entrepreneurs Joseph Mwadira and Moagi Menoe
11. PTJ Projects, headed by entrepreneur Tinesh Gangen
12. Donnell’s Worx, headed by entrepreneur Donnell Brown
13. Consultmech, headed by entrepreneurs Lynn Roux, Hanzel Roux and Llewellyn Cornelissen
14. JF Fencing, headed by entrepreneur Johan Steenkamp