Home General Furntech, South Africas prime technology incubator

Furntech, South Africas prime technology incubator

0
Furntech, South Africas prime technology incubator

South Africa’s economy over the last two decades has been spurred by increasing number of skilled population and the constantly developing technology. It is therefore not surprising that the year  2000 saw the establishment of the Furniture Technology Centre Trust (Furntech). This institution is a fruit of the bilateral agreement between the Department of Trade and Industry and the Swedish Industrial Development Agency.

The vision behind Furntech is to be a leading business technology incubation model for incubating manufacturing companies in the South African furniture and wood products sector. This model has been designed to ensure that it combines skills training and business development processes. It is also structured in such a way that it protects new and existing small businesses by assisting entrepreneurs with all aspects of starting up and developing their companies into sustainable ones.

In order to achieve the above, Furntech has set itself different objectives. Some of the objectives include developing Furntech into a sustainable business, serving as a vehicle to enhance the ability of the sector to become globally competitive, establish centres of excellence in key  locations nationally, develop business and production skills through skills development and technology demonstration and creating an enabling environment for small and micro enterprises (SME’s) in the furniture and wood products industries to grow through business technology incubation.

In order to respond to the increasing demand for its services, Furntech has established seven centres in South Africa namely White River in Mpumalanga, George and Capetown in Western Cape, Johannesburg in Gauteng, Durban and Umzimkhulu in Kwazulu Natal and Mthatha in Eastern Cape.

Furntech can be contacted on 0215111349.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

one × 1 =