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Business accelerates job creation for Cape youth

Executives attended the opening of the Symbiosis Innovation and Accelerator CentreFrom DION HENRICK in Cape Town,
CAPE TOWN, (TechnoAfrica) -SOME 360 youths in the Western Cape Province have secured jobs thanks to the opening of an innovative business accelerator that seeks to thrust youth into economic inclusion.
The Symbiosis Innovation and Accelerator Centre (SIAC or Symbiosis), the re-purposed former South African Manufacturing Technology Demonstration Centre (SMTDC), has opened its doors in Atlantis with the hope of creating 1 000 jobs in the next six months.
Differentiating itself from traditional accelerators, Symbiosis uses a hybrid-innovation model at the core of its business, under the principle of Innovating Inclusive Impact (I3).  Symbiosis looks to develop specific business functions and expertise in certain areas, such as a particular technology, an industry vertical (such as manufacturing, agriculture, low carbon economy) as well as leverage its existing capabilities and assets and making it accessible to various stakeholder groups.
Cornelius Scheepers, Chief Executive Officer of Symbiosis, said the centre is premised on a multi-sectoral led business model deliberately seeking collaboration with various stakeholders across the public, private, non-profit sectors, as well as academia, small business enterprises and communities.
In Atlantis, five key industry areas have already been identified, including the burgeoning call-centre sector, where over 350 youth will now be trained in tele-sales techniques, promoting a South African created product to local and international audiences.
The call centre, originally slated for the Southern Suburbs in Cape Town, was purposefully moved to Atlantis and housed at SIAC, to breathe fresh life into the area.
“Love them or hate them, the call-centre sector is a large-scale employer and this is exactly what areas like Atlantis, with high youth unemployment rates, need, to bring not only inclusion but prosperity,” affirmed Patrick Kadlaie, Chief Operating Officer of Symbiosis.
Other opportunities for employment will also come from Afrika Tikkun Services (ATS), who will make the centre their home and that specialises in youth skills development and placement projects, as well as the Impact Media Youth Hub.
SIAC has gone into some heads of agreement with a number of partners such as Afrika Tikkun Services and Fundamentals Training Centre.

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