Intro: What do entrepreneurs need? What makes them tick? This new feature will showcase trailblazers and young entrepreneurs who are making a difference as a result of the support, inputs and guidance of IBASA that they enjoy. Our inaugural guest is professional Events Organizer Mr Thabang Mabale, an entrepreneur and founder of Lij Events Hub. Recently on the 28th November 2018, Thabang and his company organized the Eco Growth Accelerator event in Ekurhuleni with special focus on empowering township businesses. IBASA was there to lend its support. Read all about it here.
- Tell us your name, background and profession.
My name is Thabang Kevin Mabale. I’m a Public Relations student, a professional event organizer and founder of Lij Events Hub. I’m also acting Chairman of the board of Amare Business Group. I am a focused young person dedicated to impacting youth to experience and be part of greater economic transformation.
- What does your company do?
Lij Events Hub is a Black youth-empowered company offering creative solutions nationwide in the area of events and business media. We host and coordinate Business Seminars, Business Conferences, New Product launches, Award Ceremonies, Press Conferences, Corporate Year-End functions, even Fashion shows and Trade Expos. Recently we started running educational programs that aim to equip township entrepreneurs with skills and knowledge in order to compete globally, maintain sustainability and become reliable entities in the communities they operate in.
- Tell us about the Eco-Growth Accelerator that you recently hosted in Ekurhuleni. What was it about?
The Eco Growth Accelerator is a tailor-made event hosted once every two months, designed specifically to address challenges faced by township-based entrepreneurs with a focus on how to access funding. The event was conceptualized in response to growing requests from registered township entrepreneurs who need creative solutions to secure funding for their businesses. As Lij Events Hub, we realized that for most start-ups and early-stage companies, raising investment capital is the first and most daunting task. Lack of adequate capitalization can put enormous strain on what is already a difficult task of launching a new product or service in the marketplace, and enabling operations. So our focus was on the following topics to enable systematic access to funding:
- Why township entrepreneurs struggle to access funding
- A systematic approach to accessing funding
- Where and how to access funding
- The Aspen Entrepreneurship Report on funding sources for every stage of the entrepreneurship cycle
- Financial Management skills.
- What were some of the highlights, was it a success?
This recent Eco Growth Accelerator event attracted about 150 township entrepreneurs, so yes, it was a resounding success!
- Tell us about IBASA’s involvement, how did you hear about or get hold of them?
We invited the Institute of Business Advisors Southern Africa (IBASA) to share their trusted expertise in offering financial management skills that are critical for both start-ups and established businesses. We are pleased that IBASA enhanced the event by bringing along their valuable, strategic partners to support better, healthier economic development for the over-looked township environment.
- All the best and keep up the good work! How can interested parties get hold of you?
Twitter: Lij Events Hub (PTY) LTD; Facebook: Lij Events Hub; Instagram: Lij Events Hub.