Where it all Started

The Western Cape Business Opportunities Forum (WECBOF) was founded in January 1995 on the initiative taken by local business people, academics and other prominent members of the economic community. The formation of this body, dedicated to finding, creating and encouraging business opportunities in the region, was the culmination of months of discussion on how hitherto disadvantaged small and medium enterprises could assist in achieving their goals.

WECBOF’s first step was to establish an area of interest, after which a mission statement was formulated with the aim of effectively contributing to the economic and social development of the region.

MISSION STATEMENT

WECBOF’s mission is to contribute effectively to the economic and social development of the region in its area of interest by,

Co-ordinating business relationships among its members, identifying business opportunities, facilitating the development of local capital and promoting the development of technology in the region;

Serving as a supportive group to effect changes beneficial to Black business people and striving for the development of the disadvantaged communities in the Western Cape assisting people with professional skills desiring the establishment of their own business;

Seeking contacts and investment opportunities from abroad and establishing relationships with prospective business associates abroad; and

Developing and propagating a strong code of business conduct which will be guided by the principles of non-racialism, non sexism and democracy, and a sustained sense of social responsibility.