Corporate solutions
Raizcorp partners with and provides services to over 100 blue-chip companies, assisting them with various solutions relating to entrepreneurship and entrepreneurial culture.
These include B-BBEE solutions for enterprise and supplier development (ESD), targeted programmes for specific types of entrepreneurs (e.g. rural, female, youth, etc.), and solutions for corporates themselves such as building an entrepreneurial culture, providing retrenched staff with an alternative to unemployment, and marketing their products and services to entrepreneurs.
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Why Raizcorp?
Our clients work with us for four main reasons:
Our experience in finding entrepreneurs
We typically receive between 40 to 100 applications every day from entrepreneurs who wish to join our various programmes.
Our experience in selecting entrepreneurs
Our globally renowned eight-step selection process identifies high-calibre entrepreneurs for our programmes to ensure greater, more sustainable success.
Our experience in designing programmes
We create programmes using design and user-centric thinking. Our programmes are designed to strategically align with our clients and create impact for entrepreneurs.
Our obsession with measuring impact
Impact and its measurement are extremely important to us. Our M&E department measures all our programme metrics to create reporting for board meetings, etc.
B-BBEE solutions
A 51% black-owned organisation with a team of 130 people, Raizcorp Arize specialises in working with corporate clients to create a range of tailor-made solutions that deliver strategic value – whether enterprise and supplier development, social labour plans, socioeconomic development or building your own business incubator.
Enterprise & supplier development (ESD)
Through our Arize division, Raizcorp supports entrepreneurs, who meet B-BBEE and other criteria, with a range of bursary programmes designed for various stages of the entrepreneurial journey. We also offer industry-specific programmes, such as for the diamond or ICT industries. If you’re an entrepreneur, please look through the available bursaries to find one that is right for you and your business.
Social labour plans (SLP)
We work with mining companies to design and implement elements of their SLPs. Our SLP programmes are well designed, effective and well documented to ensure that all Department of Mineral Resources requirements are met and that comprehensive paper trails and proof is evidenced. We can also coordinate SLPs with your enterprise and supplier development requirements.
Building & operating your own incubator
Raizcorp currently operates 13 Prosperators (incubators) and Beacons (mini-incubators). Some are designed, built, capacitated and operated on behalf of clients for B-BBEE (and other) programmes. Our comprehensive systems manage the full incubation process: finding and selecting entrepreneurs; programme management; measurement, evaluation and full verification reporting. We operate incubators for clients such as Volkswagen, Exxaro, REISA and South 32 among others.
Socio-economic development (SED)
We create SED programmes for corporates that comply with the B-BBEE scorecard and align with their business strategies. These can be designed as feeder programmes for ESD initiatives to help support entrepreneurs through various business lifecycle stages. Our flagship programme is Pitch & Polish.
Targeted solutions
Many of our clients require us to build programmes aimed a specific target communities or interest groups in order to align with the client’s mandate or strategy. Some of these include:
Rural entrepreneurship
Youth entrepreneurship
Female entrepreneurship
Eco entrepreneurship
Elixir corporate solutions
Elixir is the Raizcorp division that works with corporates to provide entrepreneurial solutions for the organisation. These include:
Entrepreneurial Culture building
Retrenchment solutions
Innovation hubs
We work with corporates to develop a culture of entrepreneurship that will support a more entrepreneurial mindset within their management and sales teams. This encourages large corporates who are adapting to a highly evolving market context to become more adaptive, nimbler and more action-oriented in their responses.
Marketing to entrepreneurs
Raizcorp works with corporates, whose target markets are entrepreneurs or small businesses, to provide access to and a deeper understanding of these audiences. We offer consulting services, entrepreneurial-development programmes and tools as prizes for competitions and sponsored events which are aimed directly at the entrepreneurial market
Our philosophy
Although Raizcorp resists the term “social enterprise” it has often been described as one owing to its philosophical approach to all new business. Raizcorp will not pursue any new opportunities unless they meet two criteria – impact and profitability.
Impact
Our purpose is to support and develop high-potential entrepreneurs and those within the entrepreneurial ecosystem to become sustainable and highly profitable. We don’t pursue any new business that doesn’t have the potential to create genuine impact (this could be improved business sustainability, employment, skills or profitability).
Profit
We strongly believe that only for-profit organisations can authentically support entrepreneurs and entrepreneurial businesses to become profitable. We are proudly for-profit and pursue only opportunities that generate sustainable profit in the medium to long run which we reinvest into growing the business and our impact.