financial services

Challenge
How might communities in KwaZulu Natal participate in open commerce?

Input
Cooperative Financial Institutions have proven to be an innovative model for open commerce in KwaZulu Natal considering the biggest development bank, Ithala Development Finance Corporation was founded as a CFI.

Approach
Host a three day design thinking workshop where we identified vision, objectives and operations for the KwaZulu Natal Association for Cooperative Financial Institutions. Outcomes of this workshops were used for developing of research and strategy report.


Supporting Small and Growing Businesses | Vera Solutions

Challenge
How might entrepreneurs participate in open commerce and have an overview of the various funding mechanisms?

Input
Aspen Network of Development Entrepreneurs has contributed towards entrepreneurial research globally. HSRC and Innovate Durban partnered for a similar endeavor of mapping financial support.

Approach
Through deep data science, analysis, scraping of websites and stakeholder engagement we identified funding support in the maritime sector.