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FURNTECH An Institute of Sectoral Occupational Excellence (ISOE) Michael Reddy.

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Presentation on theme: "FURNTECH An Institute of Sectoral Occupational Excellence (ISOE) Michael Reddy."— Presentation transcript:

1 FURNTECH An Institute of Sectoral Occupational Excellence (ISOE) Michael Reddy

2  National provider of skills development and business technology incubation  Established in 2000  Started operations in 2001 in George  Currently 6 Centres around South Africa  Accredited by FIETA  Registered with the Department of Education as a Private FET Provider  Accredited by the Tibro Training Centre in Sweden Who are we?

3  Skills Development  Business Technology Incubation What do we do?

4 Cape Town Durban George Johannesburg Umzimkhulu White River Mthatha - Coming Soon Where are we?

5  Vision To contribute to the growth of the industry by offering world class training and innovative business technology incubation to the furniture and wood products sector  Mission  To be a practical, productivity driven, globally competitive, outcomes based training provider with fully equipped facilities, offering world class training; and  To offer comprehensive and innovative incubation services in order to assist in job and wealth creation in the furniture and wood products sector Vision & Mission

6  Developing and delivering quality training programmes that are aligned with the principles of the National Qualifications Framework (NQF)  Skills development for new and existing trainers, manufacturers and employees in the furniture and wood products sector  Development of new and existing SMEs in the furniture and wood products sector  Technology demonstration and transfer in the furniture and wood products sector Strategic Objectives

7  Wood machining & Cabinet making Level 2  Wood Finishing Level 2 & Level 3  Upholstery Level 2 & Level 3  Wood machining Level 3  Cabinet making Level 3  AutoCAD & CNC programming and operating  RPL Assessments and Moderation of Assessment  Level 4 Qualifications  Furniture Design Skills Development

8  All Furntech Centres are fully accredited by Irca, an international health and safety auditing firm against OHSAS 18001  Our training facilities are benchmarked internationally by the Tibro Training Centre in Sweden and the University of British Columbia in Canada  Our learning programmes are aligned with the NQF and conform to and, where applicable, exceed the industry standards  Our assessments are conducted within the framework of the NQF and the principles of good assessment  Our trainers are assessed, trained and mentored by highly experienced Swedish and Canadian woodworking experts  We constantly evaluate our performance in order to continuously improve our offerings Skills Development

9  All Furntech centres have the latest in wood working technology  We are the only training centre with CNC Technology including a 5-axis CNC Machine Skills Development

10 Furntech’s Business Technology Incubator (BTI) programme is an economic development tool designed to accelerate the growth and success of entrepreneurial companies in the furniture and wood products sector through an array of business support resources, technical training and production processes. It is designed to nurture and protect new and existing small businesses by assisting selected entrepreneurs with all aspects of starting up and developing their companies into sustainable business. Business Technology Incubation (BTI)

11 The Business Technology Incubation Programme was established to:  contribute to increased economic growth; and  reduce unemployment by providing a protective environment for new and existing small businesses in the furniture and wood work sector for a limited period. The Purpose of the BTI Programme

12  SME / business creation  Facilitate linkages and networks in furniture manufacturing  Facilitate job creation  Technology transfer  Increase exports  Contribute to economic growth Objectives of BTI

13  The skills of each incubatee are asssessed against the unit standards / skills programmes / qualification when the individual enters the incubation programme  An integrated skills development programme, linked to the production and marketing plan of the business is developed for each individual  The development programme is implemeted  The incubatee is also coached and mentored towards the National Certificate Qualifications in New Venture Creation. Skills Development & BTI

14 Skills Training + Technical Mentoring and Coaching + Business Skills Development + Business Management Mentoring and Coaching = Furntech Business Technology Incubation Programme BTI Model

15  Established 34 new SMME’s  Supported 82 clients  Assisted the businesses to create 64 new direct jobs, 148 indirect jobs and 20 casual jobs  Total turn over of R 2,6 million, that is a 31% growth on previous year  > 85% are black-owned SMMEs  > 80% of business owners fall into the category of “youth”  > 85% of businesses survive beyond the two year incubation programme Achievements - BTI (2007/8)

16  Winner:Incubator of the Year 2007  Runner-up:Most significant impact on Local economy  Winner:Fastest Growing Incubatee  Winner:Graduate of the Year Achievements - BTI (2007/8)

17 Achievements - Skills Development (2007/8) EmployedUnemployed Completed470142 Under Training 11743

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19 THANK YOU


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