solethu1

Business Information


Business Name: Latitude Group
Instagram Page: www.facebook.com/solethumzotho

Dear Black Lion

I am grateful for the opportunity.

I am setting up a small scale manufacturing plant.

My primary operation is sugarcane juice. This juice is completely new to the market.

It provides energy required by the immune system. It contains Fructose and Glucose which strengthen kidneys and the heart.

It also strengthens bones, heals jaundice, brightens teeth and eyes.

In the medium to long term, I will expand and use sugarcane residues to manufacture bio-fuel. Sugarcane leftovers, i.e. baggase may be used to manufacture special paper used in Medical Testing Gear.

Molasses and back-strap molasses found in cane may be used to manufacture rum which is used to produce alcoholic beverages.

My production plant has the potential to create at least 2000 employment opportunities.

I have consulted Prof Werner Van Zyl, Chemistry Supervisor at the University of Kwa-Zulu Natal, Westville Campus.

I have also consulted Sir Peter Dhal, Sole Proprietory at SPAR, Harding.

I have spoken to Prof Kugen Permaul, Head of Department of Food and Bio-Technology at Durban University of Technology, Steve Biko Campus.

I have also spoken with Anthony Stonefield, Venture Capitalist and Technology Entrepreneur.

I have attended various Summits, Conferences and seminars including International Labour Organization’s Innovate Durban, Vodacom Enterprize Challenge, IBM Hackathon and KZN Chamber of Commerce youth in business meetings.

I am especially thankful to Dagmar Breiling, Senior Strategist at Funding Connection. She has worked so tirelessly to assist me source capital. Funding Connection has already billed me on 2 November for Business Plan amendment and commitment fee to the value of R9000.

I have approached a number of funding agencies and government departments including SEFA, IDC, NYDA, IThala Bank and the Department of Economic Development, Tourism and Environmental Affairs. None of them were able to assist.

I only have to decide to build or purchase a factory or warehouse. I targeted remote areas, i.e. Rural areas but market capitalization is
low and there are environment concerns.

I will import machinery from Brazil and I have a potential funder from Jordan who is based in United Arab Emirates, Rafi Hassan Musalam Abu Fada.

Business Description

Dear Black Lion

I am grateful for the opportunity.

I am setting up a small scale manufacturing plant.

My primary operation is sugarcane juice. This juice is completely new to the market.

It provides energy required by the immune system. It contains Fructose and Glucose which strengthen kidneys and the heart.

It also strengthens bones, heals jaundice, brightens teeth and eyes.

In the medium to long term, I will expand and use sugarcane residues to manufacture bio-fuel. Sugarcane leftovers, i.e. baggase may be used to manufacture special paper used in Medical Testing Gear.

Molasses and back-strap molasses found in cane may be used to manufacture rum which is used to produce alcoholic beverages.

My production plant has the potential to create at least 2000 employment opportunities.

I have consulted Prof Werner Van Zyl, Chemistry Supervisor at the University of Kwa-Zulu Natal, Westville Campus.

I have also consulted Sir Peter Dhal, Sole Proprietory at SPAR, Harding.

I have spoken to Prof Kugen Permaul, Head of Department of Food and Bio-Technology at Durban University of Technology, Steve Biko Campus.

I have also spoken with Anthony Stonefield, Venture Capitalist and Technology Entrepreneur.

I have attended various Summits, Conferences and seminars including International Labour Organization’s Innovate Durban, Vodacom Enterprize Challenge, IBM Hackathon and KZN Chamber of Commerce youth in business meetings.

I am especially thankful to Dagmar Breiling, Senior Strategist at Funding Connection. She has worked so tirelessly to assist me source capital. Funding Connection has already billed me on 2 November for Business Plan amendment and commitment fee to the value of R9000.

I have approached a number of funding agencies and government departments including SEFA, IDC, NYDA, IThala Bank and the Department of Economic Development, Tourism and Environmental Affairs. None of them were able to assist.

I only have to decide to build or purchase a factory or warehouse. I targeted remote areas, i.e. Rural areas but market capitalization is
low and there are environment concerns.

I will import machinery from Brazil and I have a potential funder from Jordan who is based in United Arab Emirates, Rafi Hassan Musalam Abu Fada.

How will you use the R100k prize in your business?

I will use R100 000 for developing samples;

*Purchase raw sugarcane and ingredients
*Small machinery
*Run Laboratory tests & Patents
*Branding and Marketing

Leave a note of support

Sponsored Ad

Report this profile


If you feel that this profile violates the competition terms & conditions, then please complete the form below: