Entering the formal retail sector poses significant challenges for small businesses due to intense competition and various entry barriers
To address these challenges, Wakanda has partnered with property development agencies to create the retailpreneur program. This program provides emerging retailers serving niche market segments with a unique opportunity to break down barriers and disrupt the retail landscape by entering the mainstream market.
The retailpreneur program offers a unique marketplace concept that de-risks the entry of small businesses into formal retail spaces, enabling them to formalize, diversify and thrive within a shopping center ecosystem and compete in the greater economy. Over the 12-month program, participants receive store space at significantly discounted prices in several malls, assistance with store fit-out, financial support, and interactive learning through a holistic mentorship program from retail experts. Through this comprehensive support, retailpreneurs are positioned for success in the retail environment.