This year, for the first time, it has opened its application process to KwaZulu-Natal entrepreneurs.
Property Point is an enterprise initiative founded by Growthpoint Properties, the leading international property company listed on the JSE. It has grown to collaborate with partners across the property industry, like Attacq, to drive enterprise development forward for the sector.
Property Point has been a catalyst for transformation within the South African property industry since it was founded in 2008.
So far, it has created 1669 jobs and R453 million in procurement opportunities generated for the 124 SMEs that have participated in its two-year incubation programmes. These small business have reported 61% growth in revenue, which is significantly above the national average.
Now, it is taking its positive impacts to KwaZulu-Natal and looking for go-getters with entrepreneurial drive and a hunger for business success who are a good fit for the programme.
As part of its latest intake, Property Point is seeking motivated individuals running SMEs working in the property industry, that specialise in areas such as electrical work, cleaning hygiene services, plumbing, landscaping, pest control, air-conditioning, fire protection services, security, waterproofing and damp-proofing, waste management, renovations, and painting.
Shawn Theunissen, head of Property Point and head of Corporate Social Responsibility for Growthpoint Properties, says: “We want to continue to transform South Africa by building sustainable small businesses. Property Point is passionate about helping entrepreneurs succeed.”
To be considered, entrepreneurs need to be based in or around Durban. Their businesses should at least be 51% black-owned, have operated for no less than two consecutive years and offer services in the property industry. They must have a track record of projects completed and be able to provide a minimum of five references.
However, Theunissen encourages businesses who do not qualify for this intake to put goals in place to meet the requirements to be considered for future intakes.