In response to South Africa’s poor economic growth and the burgeoning crisis of unemployment, REGENT Business School has made considerable investment to create an entrepreneurial and innovation ecosystem to support the many facets of small business development. The REGENT Enterprise Development Hub (redHUB) has leveraged the institutions’ iLeadLAB and harnessed its academic, research and outreach intellectual property to champion entrepreneurial development. The redHUB’s mission is to provide impactful education, training and mentorship for aspirant and creative entrepreneurs by nurturing their disruptive and innovative skills using resilient and anti-fragile strategies.
Besides infusing and empowering the home-grown grassroots level entrepreneur by breathing life into his or her ideas, the redHUB provides a technology focused new venture creation through a variety of interventions with appropriate partners.
The main components of this initiative are:
• Entrepreneurship development
• Promoting enterprise development among unemployed persons
• Accessing new markets for SMMEs
• Building collaborative networks of businesses