Areas of Investment
- BAMSA requires funds for the following critical services to alleviate poverty and establish the Kingdom of God:
1. Capital for new business start-ups where BAMSA identifies suitable entrepreneurs and invests into them.
2. Training courses – business skills and business operations training
3. Ongoing mentoring/discipleship of business start-ups
4. Administration of BAMSA – NPC compliance, managing BEE certification, reporting, marketing.
- Types of funding: Funders can either donate to BAMSA to receive Sec 18 tax deduction benefits or invest in business start-ups to receive a return on investment which is either paid back to the investor or released to BAMSA to continue developing business projects.
- Types of projects: There are three main types of business project types:
1. Business Training Facility integrated with a local church that community members regularly attend for discipleship and learning business and operational skills. The highest levels of accountability and support are achieved in this model due to the regular interactions with church leaders and mentors. An example of this is the Edwaleni Church which is a BAMSA flagship model which BAMSA intends to roll out to other areas – both rural and urban.
2. Business Projects via Local Churches – here there is no formal business training and discipleship taking place regularly and fewer new business start-ups occur. The church members form teams to develop, train and mentor new businesses that they identify in their community. Ie the local church sees this a mission field and sends out their brothers and sisters to create disciples who are able to feed themselves and their families. BAMSA provides a portion of the business start-up funding and connects the church to reputable and proven trainers to help the local church.
3. Enabling Businesses – these are larger businesses that employ a number of people producing high value goods and profits where a portion of these profits are used to fund the BAMSA operations. A core value of these businesses is that the management team disciple and provide training to the employees to prepare them to establish their own businesses – similar or different to the main business. The businesses’ spiritual bottom line is to disciple and equip employees over a number of years.
- For further information on investing/donating please contact a BAMSA team member.
Bank: FIRST NATIONAL BANK
Name: BUSINESS AS MISSION SA
Acc #: 6276 424 9978
Reference: PLEASE EITHER USE YOUR NAME OR ‘BAMSA FUND”