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Bridging from Project Phase to Business Phase

STEP 1 – APPLICATION AND REVIEW

A group of interested individuals makes an application for consideration and review under Viwanda Project, having identified a suitable PROSPECT.

Proposed revisions are addressed for consensus on best way forward.

STEP 2 – MEMORANDUM OF UNDERSTANDING

Groups behind successful applications enter into a memorandum of understanding with the Viwanda Secretariat that governs the conduct of parties

STEP 3 – BUSINESS PLANNING

Viwanda Mashinani Project Secretariat commissions a business plan for a successfully reviewed Application STEP1 and MoU STEP2.

STEP 4A – FUND RAISING AND FINANCIAL CLOSURE

Requisite funds are raised from sources identified at the Business Planning STEP2. This runs concurrently with the Legal Closure STEP 4B.

STEP 4B – LEGAL CLOSURE

A project company is incorporated to undertake the business phase operations including capex items such as land and equipment as may be required. This runs concurrently with the Financial Closure STEP 4A.

The project company signs a Management Contract for an initial 3 to 5 years with CC Viwanda Limited.

Permits and Licenses are acquired from relevant Government agencies.

STEP5 – OPERATIONALIZATION

Viwanda Secretariat runs the project company as guided by the Management Contract and Business plans with applicable revisions.

The project is included in the VIWANDA Umbrella to benefit with the existing and future linkages of Viwanda Mashinani Project for the duration of the management contract.

From here, the business should be operational and running under the set systems and platforms that CC Viwanda has put in place. The project then becomes a business and moves to our Enterprise Resource Planning platform – kiwanda.org


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