Godide Industries PTY LTD

Business Location:	Rural area - Farms
Province	Western Cape
Branch:	Cape Winelands
Business Start Date:	2015-07-27
Busniess Type:	Company

Business Dynamics and Challenges

Business Activities: Godide Industries Pty Ltd trading as Grafix24 is based in Vredenburg and was started in 2015. The business is a signage, digital printing and branding company. The business has existing long-term contracts with private companies like Fruit and Veg, Johan Kamps Promotions and VW Vredenburg. The business is the sole owner of a laser cutting machine in the West Coast District. The local businesses have placed orders in the business for products to be produced using the laser cutting machine. The owner of the business has 9 years operating the business and has experience in the signage, digital printing and branding industry.

Challenges/Needs: • Lack of business guidance and coaching; • Lack of access to finance to grow the business, and • Lack of equipment and stock.

Intervention Insights and Results

Intervention Details: • Facilitation of Mentorship and Coaching Programme, and
• Funding application through the Township and Rural Entrepreneurship Programme (TREP).
• Funding application through SEDA Asset Assist programme.

Outcome Details: • TREP loan of R245 000.00 was successfully applied for;
• Turnover increased from R 450 000 to R 830 000, an increase of 100%;
• SEDA Asset Assist programme grant for equipment worth R 230 102;
• Net profit increased from R 245 000 to R 585 000, an increase of 100%, and
• Employment increased from 3 to 7.

Client Feedback

Client Comments: “Thanks to SEDA business advisor for professional support rendered. The Seda Asset Assist programme application has been a learning curve.”