Lynx at Riversands I-Hub

Details

Please provide the following:

First name:
Last name:
Email:
Re-type email:

Once you have completed a tabbed section, click on the "Next" button at the bottom of the page to progress.
Don't forget to click "Submit" when you are done.

You may go back to previous tabs by clicking on the "Back" button below each section.

Is Riversands right for you?

Your Business

Premises Needs

Incubator Needs

Personal Information

Documents Required

Submission Checklist

Before starting with the application process, please note the following important points. We cover these points in the “Is Riversands Right for You?” Tour – but if you have opted to apply without attending the tour – they are as follows.

1. Premises will help my business grow.

I acknowledge that premises will be an unlocker for my business resulting in revenue growth and improved profitability.

Yes

Unfortunately, this is a mandatory requirement for businesses based at the Hub and is part of the lease agreement. We suggest you attend the tour for more information or contact sibum@riversandsihub.co.za

2. Utilisation of the unit.

I acknowledge that premises is used for frequent business operations, and not as a storage facility.

Yes

3. Foot traffic.

I acknowledge that Riversands I-Hub is more like an industrial park, rather than a shopping centre with foot traffic.

Yes

4. Business development.

While Riversands I-Hub may provide plug-in services and resources, I acknowledge that business development is my responsibility.

Yes

5. Business stats submission.

I acknowledge that submission of monthly business stats (turnover information, salaries, and number of employees) is required in order for Riversands to measure the impact of its support on my business.

Yes

6. The lease term is one year.

I understand that the initial lease term is for one year. Renewal of my lease terms is dependent on me still meeting the published selection criteria and the performance of my business in comparison to other deserving businesses that are seeking an opportunity to access premises. The lease can only be renewed for a maximum of three years. The renewal of any lease with the Hub is dependent on your business’ performance and meeting the obligations set out in the lease.

Yes

7. Accessing support.

Businesses in the Riversands I-Hub ecosystem are able to access support through their allocated Service Coordinators and our virtual incubation platform. Accessing support depends on the Support Requests I submit for my specific business needs, as well as signing up for ecosystem initiatives.

Yes

Is your company registered? (you don't have to have a registered company to apply)

Yes

Business TRADING NAME (Ie. What do customers call your business?)

What type of entity is your business?

Sole Proprietor

Partnership

Close Corporation (CC)

Private Company (Pty Ltd)

Personal Liability Company (Inc)

Joint Venture

Is your business at least 51% black owned? (this is an advantage but not a requirement)

Yes

Your Business Model

We really want to see your business succeed. That means understanding your business model so we can understand whether we have available what your business needs to grow. Please upload a PDF below with answers to the following:

1. Please describe your exact products and/or services?
Be specific. For example: If you are a consultancy, describe the specific services you offer. Or if you manufacture bags, list the type of bags you sell.

2. Describe your business’s customers.
Give enough detail. No business sells to everyone. Think about who is buying from you and describe them in detail.

3. How does your product/service create value for your customers?
For example, The value in buying a pen is not in the pen itself, but in the ability to write down important information.

4. What problem are you solving for your customers?
Why does your customer need your product or service? Why is it a need?

5. How do you currently reach your customers?
Describe your channels to market. Do you use an online marketplace? Do you sell directly to customers?

6. How does your business generate revenue?
Eg. I sell online, I charge per consultation, etc.

We encourage you to put real thought into your answers. We don't require a formal business plan, it is your practical insights and understanding of your own business model as the entrepreneur that we are interested in. If you wish to flesh out your answers before applying you are welcome to complete a Roadmap Your Business course here.

Upload a PDF with your answers below:

(please don't spend time on format and presentation, we are only interested in the substance of your answers)

More About You and Your Business

Please fill out the below details for your business (if applicable). Please do not give us your personal social media details.

Business contact number:

Business Website:

Facebook:

Twitter:

Instagram:

LinkedIn:

Please describe what your business does in 2 sentences:

Why did you start this business?

Tell us more about yourself and your work background (Eg. Qualifications, businesses owned and run, employment, industry experience etc.)

How long has the business been trading for?

What are the main challenges you've faced in running your business?

What is your average monthly turnover?

Generally what percentage of your turnover is gross profit?

How many clients/customers do you have?

Please name your 2 most regular customers/clients?

Please name 5 other businesses/customers that you're currently targeting?

Target Customer 1

Target Customer 2

Target Customer 3

Target Customer 4

Target Customer 5

Are you operating in a regulated industry?

Yes

Please upload your most recent certificate of compliance from your industry’s regulating body

Are you currently permanently employed by a different business?

Yes

If yes, where are you currently employed?

Do you personally work in your business Monday to Friday?

Yes

Do you currently have any employees?

Yes

How many permanent staff do you currently employ?

On average how many casual staff do you employ each month?

Are you planning on employing additional staff in the next 3 months?

Yes

How many additional staff will you be employing and within what kinds of roles?

Quantity - Role

Why is premises a key unlocker of value for your business?

Should you be accepted for premises how often would your unit be occupied and by who?

The units of 50sqm and above are aimed at light manufacturing businesses however we do not exclude businesses seeking office space where premises is a real unlocker of value for the business.

14 square meters (furnished and serviced office space)

20 square meters (furnished and serviced office space)

40 square meters

50 square meters (light manufacturing space)

75 square meters (light manufacturing space)

100 square meters (light manufacturing space)

200 square meters (light manufacturing space)

What will the primary use of the unit be?

Factory to manufacture

Office space

A formal address

Storage

Retail

I need premises to get accreditation

Showroom

Other

Please specify

Please give more detail on what the day to day use of the unit will be?

Are you interested in a structured incubation program which would require an additional, set time commitment on a monthly basis?

Yes

Besides premises, what other Riversands benefit are you MOST interested in?

The opportunity to share experiences with other entrepreneurs.

Learning – workshops on the campus, self-service online content, business coaching and advice.

Connections – opportunities to build your networks.

Business Services – ranging from bookkeeping and company compliance to a range of marketing support services.

None of the above

As an incubator, we actively look for businesses that we are best placed to assist (Fit to Hub). However, this does not disqualify your application for premises, but will be a consideration in the decision making process.

What would you like to achieve within your first year at Riversands?

What (if any) support would you need to achieve this?

Nationality:

South African (Birth)

South African (Naturalisation)

Non-South African

Racial group according to South African government classification:

African

Indian

Coloured

White

Are you from one of the following areas? Diepsloot, Cosmo City, Olievenhoutbosch, Riverside View.

Yes

Physical Address:

Street

Suburb

City

Area code

Province

Passport/ ID Number

Where did you first hear about Riversands?

Google

Word of mouth

Billboards

Social Media

Events hosted here

Publications (Magazine, Newspaper or Radio)

Other

Please specify

Do you want to subscribe to our newsletter?

Yes

Please upload your documentation below:

REGISTRATION CERTIFICATE

Registration Certificate (COR 14.3) - unless a sole proprietor

BEE DOCUMENTATION

BEE Certificate or BEE Affidavit:

COMPANY PROFILE (optional)

Company Profile or 1pg summary of business offering (optional):

6 MONTHS BANK STATEMENTS

Month 1

Month 2 (unless already combined)

Month 3 (unless already combined)

Month 4 (unless already combined)

Month 5 (unless already combined)

Month 6 (unless already combined)

DIRECTOR/S ID COPIES

Please list the full names of all directors below:

Full Name

Director 1 - ID Copy

Do you have more than 1 director?

Yes

Director 2 - ID Copy (If there is a second director):

Director 3 - ID Copy (If there is a third director):

Director 4 - ID Copy (If there is a fourth director):

Director 5 - ID Copy (If there is a fifth director):

*If there are more than 5 directors please email the additional copies to sibum@riversandsihub.co.za

Do you have any other shareholders that are NOT mentioned as directors above?

Yes

Please write their full names below:

Full Name

Which documents have you uploaded?

Info about business model (mandatory)

Registration Certificate (if relevant)

ID copies of all director(s) (mandatory)

6 Months Bank Statement (mandatory)

BEE Certificate (if relevant)

Company profile or offering summary (optional)

*Please note that should your mandatory documentation be incomplete your application will not be considered. Should you have any questions, please contact reception on 012 011 4600.

Riversands I-Hub - Apply for Premises

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Details

Your Business Model

More About You and Your Business

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Riversands I-Hub - Apply for Premises

Join Riversands I-Hub Apply now

Details

Your Business Model

More About You and Your Business

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Join Riversands I-Hub
Apply now