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VeloCITI Business Acceleration Programme

VeloCITI is aimed at ICT entrepreneurs who are prepared to re-assess their business model in order to position themselves for growth. Participants received a clear understanding of the current flaws in their business model and got hands-on assistance in reworking those models, or fixing the flaws. VeloCITI is targeted at young entrepreneurs running a business with potential for growth. Not a lifestyle business but the next Western Cape Success Story. The outcome of VeloCITI: A sustainable business model, measured by achievement against targets such as sales, salaries, headcount etc.


Velociti Programme 2008
It was extremely difficult to choose this year’s 15 Velociti companies, out of the 21 attending companies, after a two-day bridging course which was held jointly by CITI, Cape Venture Partners and PeerPower. The chosen group is really focused on their businesses and the entrepreneurs have the passion and desire to succeed.

The VeloCITI companies are:
The VeloCITI course content covers the following:
Value Proposition, Market & Customer Segmentation, The Business Model, Practical Operations Strategy, Pricing, Marketing, Sales, Negotiation, Crossing the Chasm, People Management, External Relationships, Market Positioning, Cold Calling, Preparing a Business Plan.

The optional finance course covers the following:
Basic Business Records, Analysis of Financial Statements, Budgets and Forecasts, Taking Stock, Management Reports, Taxation, Intro to Funding, The Financial Plan.

Applications for next semester are already open and closes on 31 August 2008.

Velociti 2007 success stories:

Call for Interest...
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