- Country: South Africa
- Industry: Education, Training
- Stage: Seed
- Investment size: $800,000 / min. $500,000
The idea is to open a technical college in a rural area in South Africa that will cover at least 5 cities in the country and also some cities of a neighbouring country. The amount required is minimum USD80,000, which will be used for rental and operating costs.
The project will build up qualified technical talent. The business is registered and should start by July 2012.
Employment and unemployment numbers affect the standard of living and reflect our general well-being. The economic benefits of a post-secondary education remain high. Recruiters are requiring higher basic skills levels, including better reading and communication skills.
The school will be offering courses such as welding, motor mechanics, building and so on. The education will be structured in a phased manner.
This is a wonderful opportunity for an investor. The 5 towns that will be covered do not have a school of this type. The investor will be able to get 50% of the returns. However, the expectation is that the investor will cover all the costs of the start up. The busines plans are available, please contact me on Merar for more information.
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