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Investor sought to kick-start boatbuilding academy for deaf in CT
Thu, 18 Oct 2007 00:00

Region
Africa
South Africa
Western Cape

Sector
Development Finance
Education

Summary:
Wesgro has identified an investment opportunity into the education and skills training of deaf people in the boatbuilding industry in Khayelitsha
Contact
Ms Nazli Laatoe

Email
nazli@wesgro.org.za

Tel
+27 21 487 8644


A boatbuilding academy situated in Khayelitsha is currently training deaf people in the art of boat building. The academy, founded in 2004 by Peter Jacobs from ECB (European Certification Bureau) in the Netherlands, currently has 14 students. The academy has received funding from the Ministry of Social Development to purchase a building factory in Strand, but is still seeking an investor, who is willing to invest between R500 000 and R1-million (for working capital) to kick-start the operation. 

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