JA Alumni Graduation: SABS Design Institute and Investec Accelerator Programme

Nine JA Alumni graduated from a pilot Accelerator Programme, through a partnership between SABS Design Institute and Investec 

Congratulations to the nine JA alumni who recently graduated from the pilot Accelerator Programme, made possible through a partnership between Investec and the SABS Design Institute. The nine participants attended JA programmes and then went on to become winners at Investec’s Junior Innovators Competition before being selected for this process.

The graduation ceremony took place at Investec’s offices in Sandton, Johannesburg on Tuesday 3 April. Graduates were joined by Investec, SABS Design Institute and JASA staff members.

The Accelerator Programme provided an opportunity for the participants to refine their business ideas and develop 3D prototypes of their products, under the guidance of SABS Design Institute staff, over the course of a year. We cannot disclose any of their exciting innovations until the products are patented but watch this space as we follow the progress of these entrepreneurs in the making.

At the ceremony some participants shared their experiences on the programme. Kate Kekana, who went to Sandtonview Combined School in Alexandra and did a JASA Programme in 2013, listed the Ds of what she has learnt: “To be an entrepreneur requires devotion, determination and decisiveness. You need to have a dream and create something desirable to see your destiny.”

She describes the process of becoming an entrepreneur as starting something new and this involves taking a risk – not only financially but also psychologically – in order to focus on your goal. “We are game-changers and we want to change the world. We all have the courage to go out into the wilderness and stand in front of investors and persuade them to invest in our ideas. We need to be resilient to criticism. A wise man once said that knowing how to think empowers a person far beyond those who know what to think.”

Another graduate, Lebogang Mogale, also from Sandtonview, explained how thinking through her idea uncovered some complications she had not expected. This is common in the early phases of developing an idea and thus it is important to be flexible. It was through figuring out how to deal with complications that the product evolved into something better.

“Learning to accept criticism enables you to collaborate with other people and be creative and invent things together rather than just sticking to one idea. You need strategic relationships – these are the people who are going to be honest with you and urge you to do your best and push you to work hard. I was very shy when I started at JASA but not anymore. There is no place for it. Leave you shyness in your suitcase,” Mogale said.

Thandolwethu Magagule, who did a JASA programme at Suikerland Secondary School in Malelane, came up with many complicated ideas before he started to refine one idea and work on the prototype phase (and no, sorry we cannot disclose this one either, at least not until it is prototyped and patented). “When there are negative things you can change them into positive stones to build your bridge,” he said. “I am grateful for this programme, which will benefit me for a lifetime.”

Ashley Dhlamini started her entrepreneurial journey in a JASA programme at Dawnview High School in Germiston, Gauteng, in 2015. She introduced herself as an inventor and an economist in the making and explained how the idea she came up with for JIC has evolved through the Accelerator Programme to become a unique innovation that utilises existing technology in a new way. She remarked on how most of the group had developed their initial ideas in new directions but that this was good because it helped them to shape better products. The path to refinement may seem long but it really pays off.

“Pressure makes diamonds and look at me here. We spoke to strangers, people who didn’t believe in our ideas and people who were busy, but here we stand together. Nothing works better than simply an improved product,” she said.

Sibusiso Mkhwanazi, an industrial designer at the Design Institute who worked closely with the programme participants, gave a glimpse into the process. A product begins with an idea, in a sketch or in words on paper. This can be very rough at first but through development it can turn into a unique innovation. Once the idea is more refined then the next step is to create a computer-aided design (CAD) drawing from which a model can be printed in 3D. Having something solid is useful to show potential investors. In addition, a model forms the basis for creating a fully-fledged prototype. To do that involves the next step of accessing the suppliers, technology and engineering support needed.

Mkhwanazi and his colleague did a global search on the innovations being developed by the accelerator programme participants and, in some cases, they could not find a counterpart in the world. In one case, a similar product was in development in the US but that means the South African market is open for a similar product to be patented.

Investec and SABS are in discussion regarding how they can support these entrepreneurs on their journey further to continue with the rapid prototyping phase and find investment to take their products to market and to develop their businesses.

Setlogane Manchidi, Head of CSI at Investec, congratulated the graduates and urged them to realise their visions of making a mark in the world. In his address, SABS Design Institute Head Gavin Mageni emphasised the importance of entrepreneurship as a creator of opportunity in our current economic landscape, where jobs are scarce. He explained how innovation had made a resurgence in the past decades with the SABS Design Institute leading the way.

The Institute was founded in the Apartheid era as a reaction to sanctions, when imports into South Africa came to a halt. As a result, the Department of Trade and Industry were tasked with driving innovation internally since the country could not rely on sourcing from outside its borders.

Though the world was not supposed to do business with South Africa, curiously, exports out of South Africa were not restricted. During this time, around 700 innovations were developed and many of these were exported around the world. Then, after Apartheid ended, the focus shifted and innovation became neglected. However, over the past decades, innovation has once again became a priority and this accelerator programme is but one to create a resurgence of innovation, business and prosperity.

For more photos please see our Flickr album by clicking here.

Investec-66

Posted in Enterprise Programme, Investec Junior Innovators.

Leave a Reply

Your email address will not be published. Required fields are marked *