NU ROYALTY TECHNOLOGY (PTY) LTD
| Business Location: | Urban |
| Province | Eastern Cape |
| Branch: | Nelson Mandela Bay |
| Business Start Date: | |
| Busniess Type: | Company |
Business Dynamics and Challenges
Business Activities:
• Software Development
• SETA-accredited ICT Training
• Networking Solutions
• Digital Migration Services
Challenges/Needs:
• Limited access to marketing and branding resources.
• Restricted access to funding for operational equipment.
• Difficulty in accessing larger markets for ICT services and training.
Intervention Insights and Results
Intervention Details:
• Supported by SEDFA’s Asset Assist Program, which enabled the business to secure essential equipment and tools for ICT service delivery.
• Benefited from Access to Market support, which gave the company the opportunity to participate in a Trade Exhibition to showcase its services, build networks, and attract new clients.
• Benefited from Access to Market support, which gave the company the opportunity to participate in a Trade Exhibition to showcase its services, build networks, and attract new clients.
Outcome Details:
• Successfully received Asset Assist funding of R250 000, which was used to purchase an NP200 bakkie, significantly enhancing the company’s operational capabilities.
• Grew employment from 3 to 4 employees, representing a 33% increase and a 34% increase in revenue from R278 645.43 to R375 691.52.
• Grew employment from 3 to 4 employees, representing a 33% increase and a 34% increase in revenue from R278 645.43 to R375 691.52.
Client Feedback
Client Comments:
“SEDFA’s support has been a game-changer for NU Royalty Technologies. Through the Asset Assist Program and the opportunity to exhibit at a Trade Exhibition, we have been able to strengthen our operations, showcase our services, and connect with new clients. This support has accelerated our growth journey."
