10 Companies will be selected to participate in the year-long Grindstone acceleration programme for 2015/16 but additional spaces can be made available on request.
Selection criteria for the programme are:
- Existing South African SMEs
- Post-revenue with positive customer testimonials and traction
- High growth potential in search of achieving scalability
- Profile and passion of the management team
- Vision for the future
- Market attractiveness
- SA Job creation ability and ‘success story’ potential
A 2-Day networking and growth workshop will be held every quarter where all the Grindstone companies will participate in strategic review of key business functions. Partnerships with leading independent subject experts will ensure that the programme delivers thought-provoking business insights. Key gaps will then be closed to mitigate risks and facilitate growth in one-on-one sessions with each company. Baseline growth indicators will be developed at the beginning of the programme and progress across these metrics will be constantly measured. Company specific interactions are developed and implemented to achieve measurable growth and put the companies onto a sustainable growth platform for their individual strategic growth paths. Companies will graduate with a Closing Data Room that includes all documentation that was developed throughout the programme. Grindstone will continue to provide access to networks and ad-hoc advisory services to all programme graduates to enhance market access.
More information for the Grindstone Accelerator: Click Here.