Gauteng Enterprise Propeller (GEP)

The Gauteng Enterprise Propeller is an organisation dedicated to fostering entrepreneurship and providing assistance to small and medium-sized enterprises (SMMEs) and cooperatives in Gauteng province, South Africa.

The GEP's primary goal is to mobilise resources and facilitate a comprehensive approach to entrepreneurial development and support in the province. Its key objectives include promoting entrepreneurship, offering financial and business development support to aid the growth and sustainability of small businesses, and facilitating investments in impactful enterprises that enhance the competitiveness of industrial sectors in Gauteng.

GEP's comprehensive support for SMMEs and cooperatives across industries

To support SMMEs and cooperatives across various sectors, the GEP provides a range of financial and non-financial assistance. The organisation offers customized business solutions to help entrepreneurs effectively manage their businesses, including support with business plan development, project preparation, and due diligence. Additionally, the GEP provides post-investment and aftercare services to supported SMMEs.

Tailored funding programs for every entrepreneurial journey

Regarding financial support, the GEP offers several funding programs tailored to different needs. These programs, such as start-up finance, contract finance, growth finance, franchise finance, and micro-finance, cater to entrepreneurs at different stages of their business journey, whether they are starting a new venture, securing contracts, expanding operations, or acquiring a franchise.

Besides providing financial aid, the GEP extends its support to entrepreneurs by offering non-financial services that foster the development of sustainable and successful businesses. These services encompass various forms of assistance, such as guidance in devising effective marketing strategies, establishment of strong financial management systems, implementation of quality control measures, provision of training opportunities, mentorship programs, access to business incubation facilities, and invaluable business advice.

GEP's vision for sustainable business growth and economic prosperity

The GEP operates with a vision to be a responsive and impactful catalyst for sustainable businesses in Gauteng. Its mission involves establishing a high-performing, professional, and capable institution, promoting entrepreneurship, forging strategic partnerships, developing innovative financial solutions, and facilitating investments in high-impact business enterprises.

The Gauteng Enterprise Propellar plays a vital role in supporting the growth and development of SMMEs and cooperatives in Gauteng, contributing to the province's economic growth and job creation objectives. Through its financial and non-financial support programs, the organisation aims to empower entrepreneurs and assist them in succeeding in the competitive business landscape.

Gauteng Enterprise Propeller offers a variety of business grants and funding options designed to assist small, medium, and micro enterprises (SMMEs) and co-operatives operating in Gauteng.

The primary objectives of GEP are to encourage entrepreneurship, mobilise resources, and facilitate a holistic approach to entrepreneurial development and support within the province.

GEP strives to provide both financial and business development support to help small enterprises establish and sustain their operations, while also encouraging investment in high-impact businesses that can revolutionise industrial sectors in Gauteng.

Fueling business success: GEP's tailored financial support programs

GEP provides a range of financial support programs tailored to cater to diverse business needs. These programs include the Start-up Finance Program, which assists SMMEs and co-operatives in acquiring the necessary funds to launch their ventures.

The Contract Finance Program is specifically designed for entrepreneurs who have secured contracts from government departments, public entities, and private sector companies. For existing businesses looking to expand, the Growth Finance Program offers additional capital to facilitate growth opportunities.

GEP also offers Franchise Finance, supporting entrepreneurs in acquiring new or existing franchises, and Micro-finance loans for start-ups and existing businesses with potential for growth.

Empowering entrepreneurs holistically: GEP's game-changing non-financial support solutions

In addition to providing financial aid, the GEP acknowledges the significance of non-financial aid in fostering the success of businesses. As a result, the organisation offers a range of non-financial support services to entrepreneurs. These services include assisting with the development of comprehensive business plans, aiding in project preparation and conducting due diligence.

Furthermore, the GEP provides post-investment and aftercare services to supported SMMEs. The non-financial support encompasses creating effective marketing tools, implementing robust financial management systems, establishing quality control systems, and offering training, mentorship, and business incubation programs.

GEP aims to deliver comprehensive support to entrepreneurs and small businesses in Gauteng, empowering them to thrive and contribute to the province's economic growth and development. By offering a wide array of financial and non-financial support programs, GEP strives to create an environment conducive to entrepreneurial success.