What do we offer
Startup Academy SA offers BEE aligned, accredited learnerships acknowledged by the Sector Education and Training Authority. We focus on New Venture Creation for unemployed black youth, and people living with physical disabilities in accordance to the BEE codes. Our skilled and experienced facilitators, moderators and assessors are accredited to deliver our Further Education and Training certificate to a diverse set of aspiring entrepreneurs.
What makes us different
Our exciting entrepreneurship program differs from the traditional skills training that offer little to no impact in empowering aspiring entrepreneurs to be sustainable job creators. During our Startup Innovator program, aspiring entrepreneurs get a chance to explore the Start Up environment through exiting experiential activities, Start Up bootcamps, job placement in established start-up companies, start-up experience by starting their own ventures, and volunteer in communities to co-create solutions with community members through an entrepreneurial mindset.
Through our Startup Network, our alumni get connected to a wide range of support, including networking sessions, business coaching, incubation, and funding opportunities. This allows our program to have a low attrition rate, which will benefit you as a company.
“When everything seems to be going against you, remember that the airplane takes off against the wind, not with it.”
– Henry Ford
How does your company benefit
Increased Return on Investment in Training:
- Higher returns from the Skills Levy and investment in training, due to transfer of learning to the job.
- Increased grant disbursements from Skills Levy contributions. Many SETAs offer Learnership grants ranging from R 4 000 – R 40 000 per learner.
- Tax Incentives: SARS offers companies attractive tax incentives for participating in Learnerships. In addition to claiming Learnership Discretionary grants from a SETA, an employer can also claim a tax incentive when an employer registers a Learnership agreement with a SETA.
- We recruit and assess black aspiring entrepreneurs interested in starting and running businesses related to your sector, who will work towards becoming your supplier, which also contributes to your enterprise development on your BEE scorecard.
The principle is straightforward
For each year that a learner is registered for a Learnership linked to the employer, the employer claims an allowance of R 30 000 for that Learnership.
This allowance is based on a 12 month period. In addition to Learnership discretionary grants, the allowance is a substantial amount that is made available to subsidise the training of a learner on a Learnership. When a Learnership is successfully completed, the employer claims an allowance of R 30 000 for each completed 12 months of the Learnership. If it is a 2-year Learnership, the employer claims an allowance of R 60 000.