Three transformative years: Samsung’s multi-million rand Equity Equivalent Investment Programme is going the distance

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SPONSORED: SamsungSA's succession of the Equity Equivalent Investment Programme (EEIP), is soaring into greater power and productivity by ensuring good practice SA's economy and small technological entities Learn more:

Samsung’s landmark R280-million Equity Equivalent Investment Programme , launched in May 2019 in partnership with the Department of Trade, Industry and Competition , is now marking three years of sustained success.

Three years in, has Samsung’s EEIP programme risen to the challenge of achieving its ambitious goals? The simple answer is — remarkably well. At the onset, Samsung created a team dedicated to the identification of the most beneficial and far-reaching projects. The implementation of the programmes has produced far-reaching, measurable outcomes that may have even surpassed initial projections.

Through a well-considered and integrated approach, Samsung partnered with universities and SETA-accredited training providers to train 390 software developers and accredited technicians to enhance their prospects of employment. This addresses a key need in the South African ICT sector and has resulted in a marked increase in female software developer graduates. Increasing female representation in ICT training is ultimately vital to reverse the market trend of lower representation in this sector.

 

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