Page 116 - KZN Top Business Portfolio-eBook 2022

SMARTXCHANGE

Bankers: Standard Bank
B-BBEE Status: Level 2
KEY PERSONNEL
CEO: Jonathan Naidoo
Manager Port Shepstone: Fatima Moolla
CONTACT DETAILS
DURBAN
CEO: Physical Address: 125 Florence Nzama Street, North
Jonathan Naidoo Beach, Durban,4003
Postal Address: P.O. Box 5225, Durban 4001
Full Name of Company: Durban Technology Hub t/a Tel: +27 (0)31 307 1988
SmartXchange E-mail: jonathan@smartxchange.co.za
Nature of Business: Financial and Business Services Website: www.smartxchange.co.za
Services: Incubation of Small, Medium and PORT SHEPSTONE
Micro Enterprises (SMME’s) in Media Information Physical Address: 54 Mitchell Drive, Port Shepstone 4240
Communication Technology and Electronics and Arts. Tel: +27 (0)39 682 0631
Date Established: April 2004 Email: fatima@smartxchange.co.za
Customer Base: Small, Medium and Micro Enterprises KWAMASHU
(SMME’s) Physical Address: 30 109236 Street, Emakhosini
No. of Employees: 12 Tel: +27 (0)82 461 7487
Auditors / Accountants: Accensis Email: fatima@smartxchange.co.za

INCUBATION IN THE SMME ECOSYSTEM the resources to co-create innovative solutions
whilst also incubating businesses to grow into
Based in the coastal city of Durban, with a satellite sustainable, market ready entities. The Hub also
centre in Port Shepstone, and a recently activated focuses on township challenges and the co-creation
Digital Hub in the township of KwaMashu, the Durban of meaningful, impactful solutions that will improve
Technology Hub which trades as SmartXchange, is the quality of life in the townships.
an innovation node and business incubation centre. Vision
The centre was established in 2004 to support and To be at the heart of a growing and innovative South
promote the region’s vision to be the technology hub African MICTea industry that has global impact.
of Africa.
Mission
SmartXchange incubates and promotes Media,
Information Communication Technology, electronics To develop and support MICTea SMME’s through
and arts (MICTea) entrepreneurs in South Africa. The world and class incubation, and skills development
incubator is supported by a powerful network of whilst encouraging innovation and collaboration in
partnerships, which allows the institution to continuously the MICTea sector.
deliver on its mandate of SMME development via the Objectives
vast range of support services offered to SMME’s during ƒ Develop and support quality black economic
the three-year incubation period.
empowered MICTea companies to create jobs
As part of its replication model, SmartXchange has and stimulate the economy.

established a Digital Hub in KwaMashu which boasts ƒ Build a pool of skilled MICTea workers through
a Living Lab and Makerspace for entrepreneurs the incubated SMME’s.

and innovators from the PINK (Phoenix, Inanda, ƒ Extend the reach of SmartXchange’s impact in
Ntuzuma, KwaMashu) precinct. The facility provides developing the MICTea industry in South Africa.
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