Using Information Technology as an E-Learning Tool to Develop Entrepreneurial Skills of Emerging Businesses in the Western Cape in South Africa ►Mohamed Saheed Bayat,Fawzy Basardien and Anis Mahomed Karodia
ABSTRACT The objective of this paper was to demonstrate the use of information technology as an e-learning instrument to develop entrepreneurial skills of entrepreneurs assisted through RED DOOR, a government entrepreneurship support program, with a specific focus on financial management and management accounting skills. Historically, many emerging businesses that have received entrepreneurial support and training from RED DOOR have met with limited success. This study focussed on a longitudinal assessment of a pilot training program implemented by RED DOOR. This study included a sample of 40 entrepreneurs that obtained entrepreneurial training. The methodology involved four phases, namely, knowledge transference, skills application, business simulation and business evaluation. The results indicated that twelve months after the training most participants were successful. Keywords:E-learning, emerging businesses, technical skills, financial management skills, entrepreneurial skills, success.