Textile manufacturing
Berlin: 20 – 27 April 2018

Clothing & Textiles were once a major employer in South Africa. However, over the past 20 years, cheaper imports from the Far East, prohibitive raw material import duties and stringent labour regulations have resulted in hundreds of thousands of workers in the sector losing their jobs.

Today, Clothing & Textile contribute only 3.3% to South Africa’s economic output, and the sector is mostly reliant on the local market. While the Department of Trade & Industry has distributed billions of rands worth of incentives through its Clothing and Textiles Competitiveness Programme, much still needs to be done to revive the sector and render it globally competitive.

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  • Why Berlin for textiles and textile manufacturing entrepreneurs?

    Germany is the largest economy in Europe, and the fourth largest economy in the world. It also happens to be South Africa’s second-biggest market for both imports and exports. Germany’s Clothing & Textile manufacturing sector is one of the main drivers of its economy, and dominates 45% of the world market in technical textiles, as well as 18% of the global textile market. Germany is the second largest importer and exporter of textiles in the world, despite high labour costs and strong competition from the Far East.
    Berlin, Germany’s capital city, is considered to be one of the five most important fashion capitals of the world and is home to 2 400 companies in the design industry. The Global Start-up Ecosystem Ranking named Berlin the fastest-growing start-up ecosystem in the world, receiving more venture capital than any other European city. It is estimated that one start-up is founded in Berlin every 20 minutes in Berlin, as it’s relatively low cost of living and high levels of creativity attract some of the
    world’s best talent.
  • Apply for the exposure programme

    Entrepreneurs are encouraged to apply for the programme, are those who are in the sector and have operations and processes that are based in South Africa. Please ensure that your business meets the criteria below before applying.
    Businesses that have a turnover of under R50M that are targeted for the programme include:
    • Clothing and textile manufacturers;
    • Cut, Make and Trim (CMT) operators;
    • Footwear manufacturers;
    • Leather goods manufacturers;
    • Leather processors (Specifically for leather goods and footwear industries); and
    • Design Houses (Provided the design house partners with one or more CMTs).
  • Apply for the programme if:

    • You are the owner/entrepreneur of the business
    • Your business is operating for at least 18 months
    • Your business is in the textiles or textiles manufacturing sector
    • Note: Businesses that are only retail-focused, importing only and then selling of imported textiles/clothing will not be considered. Your business should be registered for-profit, locally
      based and operating to produce, manufacture, supply, export, and grow the South African economy and market.
  • Applicant criteria

    • Entrepreneur should be a South African citizen or permanent resident under the age of 40
    • Entrepreneur must not have attended a previous Investec sponsored or En-novate trip
    • Applicant must be the entrepreneur/owner of the business and not an employee
    • Applicant should be a 'full-time' entrepreneur
    • Business must be a South African based, for-profit business in the textiles/textiles manufacturing sector
    • Business must be operational for at least 18 months and not in ‘ideation’ phase or only retail with a focus on importing then selling on imported goods
    • Business turnover must be under R50m per year.
  • Other selection factors

    The commercial viability of your business. Does it affect Investec and En-novate’s ability to market and facilitate relationships, investment opportunities and future global exposure trips with the host country and partners?
    The nature of your business. Are the business and you the entrepreneur those that Investec would want to invest in and promote based on Investec’s values and philosophies as an organisation?
    Completion of due diligence. Final round candidate’s selection and acceptance to the programme is
    conditional upon successful completion of a due diligence process, which is verification of all information supplied by the candidate.
  • Check to see if you meet the application requirements

    1. Demonstrate clear systemic and long-lasting business strategy and how this is being achieved or how this can be achieved through the business model.
    2. Have a financial strategy and plan to show good business governance and planning.
    3. Demonstrate effective accounting and financial systems.
    4. Demonstrate an effective plan for the business's long-term growth and sustainability.
    5. Demonstrate how business could scale its operations.
  • Three-step application process

    1. Eligible candidates should complete an online application form (applications open on 29 January 2018 and close on 21 February 2018)
    2. Successful first round candidates are invited for a face-to-face interview. Candidates must be available for interviews on the 27th and or the 28th February 2018.
    3. Selected candidates for the programme is subject to successful completion of a due diligence process which entails verification of information supplied by the applicant.
  • About the selection panel

    The diverse selection panel has representation from Investec, En-novate and other organisations and persons of relevance and interest to the sector and programme.
    We aim to ensure that the process and turnaround times move swiftly, remain fair, objective and transparent. This is achieved provided all documentation and processes are followed.