USE-IT has facilitated a partnership between Sbu Shange, the owner of Sbumeister Plastics Wash Plant Facility and LifeCo UnLtd. LifeCo UnLtd is a non-profit organisation, which invests in local entrepreneurs who are driving positive change in their communities by tackling social problems, improving well-being or delivering environmental sustainability.
Jessica Chaplin, Manager of Entrepreneur Advancement at LifeCo UnLtd explained that Shange has been selected as a worthy recipient of financial and enterprise support due to the positive social and environmental impact of his business. The Sbumeister Plastics Wash Plant Facility diverts two tonnes of waste from landfill every day and creates employment for 19 people; 11 sorters, six operators and two supervisors. “My business is not only about making a profit, I want to make a contribution to society. It means a lot to me that LifeCo Unltd has recognised the positive impact we make and I am very grateful for the support that we will receive through the programme,” said Shange.
LifeCo UnLtd’s offerings
LifeCo Unltd is currently in the process of conducting a needs analysis to determine the amount of funding to be granted to the SbuMeister Wash Plant Facility. The funding is expected to be between R45,000 and R175,000 depending on the level of need identified.
“The money received will be used to expand the wash plant facility, purchase a forklift, which will increase the productivity of the operation, and computers to assist with business administration,” explained Shange.
In addition, the LifeCo UnLtd programme will provide Shange with entrepreneurial skills training, business development support, mind-set coaching and legal advice over the next two years.
Forming the partnership
Jessica Chaplin was referred to Shange by Chris Whyte, Managing Director of USE-IT. In 2014, USE-IT donated a drying system to the SbuMeister Plastics Wash Plant Facility, USE-IT has also helped Shange to establish connections with plastic waste suppliers and product buyers. “The SbuMeister Plastics Wash Plant Facility has great growth potential, USE-IT is happy to have been able to link Sbu Shange with this fantastic opportunity from LifeCo UnLtd, which will enable him to expand his business, create more jobs and divert more waste. LifeCo UnLtd and USE-IT have a shared passion for supporting local businesses, and through our partnership, USE-IT hopes to leverage funding and support for more deserving waste entrepreneurs,” said Chris Whyte, Managing Director of USE-IT.
For more information on funding opportunities, please visit the LifeCo UnLtd website.