On the 14th of September 2017, the Roodepoort Theatre together with the City of Johannesburg hosted the Jozi Regional Entrepreneurship Summit. The summit was organised so as a way to drive the need for small businesses and young entrepreneurs in order to grow the city of Johannesburg as well as the Gauteng economy.
A key part to assisting entrepreneurs is to help Small Medium Micro Enterprises (SMMEs) collaborate and foster relationships to build an entrepreneurial ecosystem that will bolster the economy and create more jobs. For this reason the City has decided to host the 2017 City of Johannesburg Regional Summits and Symposium. The vision is to create an ecosystem where entrepreneurs collaborate to meet the needs of society and grow the economy.
During the Summit issues such as funding for new or starting out entrepreneurs was discussed. As well as the red tape that many small business owners have experienced when dealing with the city of Johannesburg. The city has to address the various issues that accompany being an entrepreneur in Gauteng
‘’ The City of Johannesburg’s( CoJ) Department of Economic Development (DED) is preparing to host a Joburg Entrepreneurship Ecosystem Symposium to address and improve entrepreneurial ecosystems, in order to grow the economy and facilitate job creation. Catering for delegates drawn from the City’s seven regions, the Symposium is set to take place at the Joburg Theatre on 23 & 24 October 2017.’’ Said Clr Leah Knott, MMC:Economic Development
This will be the first entrepreneurship ecosystem symposium in Johannesburg – a gathering of government, private sector, educational institutions, NGO’S and, most importantly, entrepreneurs. The purpose of the entrepreneurship ecosystem symposium is to create actionable plans that will assist in growing entrepreneurship.
“As the department of Economic Development’s 17/18 Financial Year deliverables, we have committed to increased regional economic development and support towards entrepreneurial development. In order to succeed, such an approach can only work through stronger alignment between the department and regional offices as well as collaboration between the city, private sector and small businesses.’’ She explained
Leading up to the citywide symposium will be a series of Regional Economic Summits, which the DED will run in partnership with the regions.
“This is a citywide event, looking at affirming the city’s position on entrepreneurship and future working groups with regional offices, small business, the private sector (Business Chambers), academics and industry players.” She continued
This summit is meant to introduce and help entrepreneurs to the economic landscape of Gauteng and will hopefully help young entrepreneurs be able to get a foot in the door and be a part of the economic transformation of the city as well as the province.