The 2014 edition of the Sanlam/Business Partners Entrepreneur of the Year competition was launched yesterday in South Africa, and immediately organisers urged entrepreneurs who contribute positively towards South Africa’s economy to submit their entries.
Winning entrepreneurs are expected to win prizes worth US$1.4 million (R1 340 000), which includes cash prizes of US$34 000 (R350 000), as well receive valuable mentorship support, networking opportunities and associated marketing and national media exposure.
“The 26-year-old competition celebrates and acknowledges entrepreneurial accomplishments and talent, and in turn inspires fellow entrepreneurs to take their business to new heights, as well encourages others to consider their entrepreneurship as a viable career path,” competition project manager Nimo Naidoo said.
The number of entrepreneurs in South Africa is fast declining, last year’s overall winner Tommy Makhatho lamented, adding that one of the reasons was because the youth were not exposed to inspirational success stories.
Makhatho (pictured) is the owner of BiBi Cash & Carry.
Interested entrepreneurs can log in www.eoy.co.za to submit their entries.
Photo credit: Destinyman