Property Point, a Growthpoint Properties' initiative, has welcorned a new batch of small businesses to both its enterprise development and supplier development programmes in 2016.

So far, almost 100 businesses have participated in Property Point's two-year programme, enabling them to generate Shawn Theunissen over R451 million in procurement opportunities, with a reported revenue growth of a remarkable 54.5%.

It has also been instrumental in creating over 1 141 jobs. Induction session This year's 17 intake companies took part in a recent Property Point induction session at Turbine Hall in Johannesburg. They were introduced to the programme by Shawn Theunissen, Head of CSR at Growthpoint Properties and Head of Property Point.

Property Point nurtures small business and entrepreneurs to become sustainable, relevant and competitive companies. Focus elements Property Point focuses on three elements: minimising the risk perception of small businesses in the property industry, building solid relationships and assisting entrepreneurs to establish a good reputation in representing Growthpoint.

Its supplier development intake includes businesses that are already approved and active vendors on Growthpoint's supply chain. This creates a win-win situation. In this way, businesses are able to operate at a higher level in terms of service delivery, capacity and quality which ultimately benefits Growthpoint and its clients," Shawn concludes.