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Nclose wins 2008 VeloCITI competition

Johannesburg, 15 Jul 2009

Nclose is the proud holder of the 2008 VeloCITI competition award - bagged two years after entering the highly competitive South African IT security industry.

VeloCITI focuses on mentoring and developing Western Cape-based IT companies on the various aspects of running a successful business. As a young company, Nclose entered the programme in 2008 with the primary goal of gaining insight and skills that would position it for the growth it was determined to achieve in the coming years. Unexpectedly, out of the 15 participants in the programme, Nclose won the VeloCITI award - based on business growth and other aspects relating to its business model and approach.

Through the VeloCITI programme, Nclose was mentored by David Murry and Tony Malam from Cape Ventures Partners, who advanced Nclose's ability to control all aspects of its business. Cape Ventures Partners boasts innovative approaches to finance and business development, the result of many years of experience gained by working alongside successful South African IT companies.

Nclose is grateful for the role that the VeloCITI programme played in achieving the outstanding, and ongoing, successes in the years after winning the reward.

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