Author: Rstp


This event focuses on attracting Startups, SMEs, aspiring entrepreneurs, selected industry experts and business executives, international development organisations based in Eswatini, selected senior Government officials and individuals who are interested in mentoring and investing in startups.

With 400 expected participants this year  the registration is on a first come first serve basis.


It is that time of the year again where we host our annual ICT Fair. This fair is mainly aimed at raising ICT awareness to all citizens of the kingdom of Eswatini. The fair will be hosted this month on the 26th and 27th. Everyone is invited to attend and there will be activities suitable for all age groups. Some activities include exhibitions, programming contests, gaming contests, innovation contests, seminars, entertainment, etc.

ICT Fair 2018 AD

Purpose of ICT Fair

To create Information and Communication Technology (ICT) in the Kingdom of ESWATINI to support His Majesty’s Vision 2022. The Kingdom of ESWATINI is undergoing a dynamic transition from a paper economy to a digital economy as technology becomes imperative in digital transformation.

It aims to promote ICT companies, organizations and professionals in the country in that it provides a platform for them to come and showcase their services and products, promote technology in schools, colleges, universities, communities and the country at large. 
Through seminars which are conducted by reputable professionals in the ICT space in the country, topical issues in the country are discussed. Other events that will take place during the fair are games, programming contests, entertainment, etc.


TRAINING WORKSHOPS

RSTP offers training in addition to one-on-one advisory and mentoring services. Participants are exposed to techniques and tools that they can apply to their projects and businesses.

Topic - Planning a Viable Business Outline

  •  Ideation: From an Idea to Business Model
  • Product Development, Testing & Value Chains
  • Protecting Your Business Idea
  •  Business Planning

Topic - The Companies Act of 2009 Outline

  •  Difference between a Company and a Business
  • Types of shareholding o Obligations and Duties of Shareholders
  • Obligation and Duties of Directors
  • Transparency and Responsibility to the Minority Shareholder
  • Conflict Resolution
  • Deregulation of Company Registration and Online Procedure

Topic – Branding, Marketing and Sales Outline

  • Personal, product and business branding
  • Marketing tools and plans
  • Sales tactics and instruments / policies
  • Relevance to business planning

Topic – Introduction to Innovation and Entrepreneurship Principles & Opportunities

This was delivered to final year students of the Southern African Nazarene University (SANU) in the context of the ENACTUS Seniors Program. The objective was to inspire the students to identify innovation and/or business opportunities so that they do not rely on employment only for livelihood.


BOOK DONATION

United States Ambassador to Swaziland Lisa Peterson donated books to RSTP to boost capacity building for start-ups and innovators. She emphasised that investment in education, especially in science, technology and entrepreneurship skills will trigger creativity and job creation for the throngs of young people graduating every year. She reiterated His Majesty King Mswati III’s proclamation that RSTP will drive innovation which will position this country to be able to achieve the national development goals.

Acting Principal Secretary of the Ministry of Information Communication and Technology conveyed Government’s gratitude for the donation. He further thanked the US Government for providing support towards economic empowerment of Emaswati in areas that the Government of the Kingdom of Eswatini is unlikely to adequately cater for by herself. The Chief Executive Officer stated that the personal and business development tools contained in the books will cause start-ups to avoid mistakes committed by others in the past, reduce risks and create business opportunities

 


Mr John Thomson being introduced by
Ms Sanelisiwe Mkhwanazi (Above).

START UP GRIND

First held at RSTP in May 2017, the event connect start-ups with seasoned entrepreneurs and industry experts thereby expose start-ups to resources they cannot access by themselves. This shortens the learning curve and fosters the application of good business management practices.

The Director of Mormond Electrical (Pty) Ltd Mr. John Thomson was invited to share his personal journey in starting an enterprise and running a family business. His presentation was titled “Growing a Business and Guiding it Through Tough times”.

A section of his presentation covered three things, namely discipline, strategy and management of finances that helped him succeed. He told participants that he trained himself to start work very early in the morning, leave the office in the evening and work during weekends.

His ability to develop a strategy and execute it kept him focused and enabled him to continously ask himself what was required to achieve the objectives of the business. As regards money, he said success is dependent on an ability to take care of finances and to plough back any profits into the business so that it can grow.

According to Mr Thomson, an entrepreneur who fails should receive encouragement rather than ridicule because the experience teaches an entrepreneur to work twice as hard and twice as efficient when s/he tries again.

 


Information Technology
Business Incubator (ITBI)
Start-up Grind is held every
last Thursday of the month
at the Innovation Park at
Phocweni and its aim is to
educate the youth of the
Kingdom of Swaziland on the
usefulness of IT to solve
societal and industry
problems.
In our last start-up grind we
had a young entrepreneur
(Johnathan Smith as our
guest speaker and the topic
was Developing and Selling
Software Successfully to
international customers: A
Problem Solving Approach.
A serious conversation between
the speaker and some of the
people who attended the start-up
grind.
The guest speaker Jonathan Smith
delivering his speech during the
start-up grind
There key points about the
speaker
 Founding director of
people sized.
 Founder of wild sport
Start-up Company.
 Former members of
idea space( the
university of
Cambridge enterprise
accelerators
 MSc international
Development.
A section of the audience
listening attentively.
In November the ITBI will be
commemorating the Global
Entrepreneurship Week and
on December people will be
on holidays thus we will not
have our start-up grind.
The first Technology,
Innovation and
Entrepreneurship Forum
will be held at the Sports
Emporium, Kwaluseni
Campus of UNISWA.
Young Entrepreneurs