• About Us
  • Write for Us
  • Paid Content Solutions
  • Contact Us
ExpertHub
  • HOME
  • LAUNCH
  • BUSINESS
  • LEADERSHIP
  • MONEY
  • SUCCESS
  • NEWS
    • All
    • Company Posts
    • ExpertHub Today
    Transunion Global Capability Centres Boom

    Global Capability Centres Boom As They Move Up The Value Chain

    Global Tech companies

    Global Tech Companies Are Turning To South Africa For Media And Marketing Expertise

    Innovation Summit

    Innovation Summit 2021 Showcases SA’s Top Tech Entrepreneurs

    Three customer experience strategies you’re missing-23Sep21

    Three Customer Experience Strategies You’re Missing

    Embracing digital 1st world, SMBs confid. to thrive-23Sep21

    Embracing A Digital-First World, SMBs Can Have The Confidence To Thrive

    SAB Foundation Calling All Entrepreneurs Tholoana Entps. Prog.

    Applications for SAB Foundation Are Now Open

    Trending Tags

    • About Us
      • Write for Us
      • Paid Content Services
      • Contact Us
    No Result
    View All Result
    • HOME
    • LAUNCH
    • BUSINESS
    • LEADERSHIP
    • MONEY
    • SUCCESS
    • NEWS
      • All
      • Company Posts
      • ExpertHub Today
      Transunion Global Capability Centres Boom

      Global Capability Centres Boom As They Move Up The Value Chain

      Global Tech companies

      Global Tech Companies Are Turning To South Africa For Media And Marketing Expertise

      Innovation Summit

      Innovation Summit 2021 Showcases SA’s Top Tech Entrepreneurs

      Three customer experience strategies you’re missing-23Sep21

      Three Customer Experience Strategies You’re Missing

      Embracing digital 1st world, SMBs confid. to thrive-23Sep21

      Embracing A Digital-First World, SMBs Can Have The Confidence To Thrive

      SAB Foundation Calling All Entrepreneurs Tholoana Entps. Prog.

      Applications for SAB Foundation Are Now Open

      Trending Tags

      • About Us
        • Write for Us
        • Paid Content Services
        • Contact Us
      No Result
      View All Result
      ExpertHub
      No Result
      View All Result
      Home NEWS ExpertHub Today

      Enter The BUSINESS/PARTNERS Business Plan Competition For Aspiring Young Entrepreneurs

      Opportunity for young aspiring entrepreneurs to turn their ideas into a viable business with national free business training workshops

      ExpertHub Staff by ExpertHub Staff
      Jun 24, 2019
      in ExpertHub Today
      257
      Young-aspiring-entrepreneur
      Share on FacebookShare on TwitterShare on LinkedIn

      RelatedTopics

      Global Capability Centres Boom As They Move Up The Value Chain

      Global Tech Companies Are Turning To South Africa For Media And Marketing Expertise

      Innovation Summit 2021 Showcases SA’s Top Tech Entrepreneurs

      During his first State of the Nation Address, President Cyril Ramaphosa emphasised that the growth of the economy will be sustained by small businesses, as in the case of many countries.

      When viewed in light of South Africa’s economy contracting by 3.2 percent in the first three months of 2019 – the largest quarterly drop in a decade – David Morobe, Executive General Manager at Business Partners Limited (BUSINESS/PARTNERS), says that this is a situation that can only be remedied by the financing and robust development of young entrepreneurs.

      Related:Enterprise Development Programmes For Black Entrepreneurs

      “When you consider that the economic output of small and medium enterprises in South Africa is estimated at 52% of GDP, entrepreneurial development is key to furthering economic growth and development. Small and medium owner-managed businesses are the driving force of South Africa’s economy and nurturing entrepreneurial talent will help emerging businesses succeed faster,” he says.

      The 10th Annual Business Plan Competition Launches

      With this in mind, the 10th annual SME Toolkit BUSINESS/PARTNERS Business Plan Competition for Aspiring Young Entrepreneurs aims to assist young and ambitious individuals (aged 18 – 35 years old) who want to start their own businesses.

      “The annual competition, which launched on 16 June 2019, consists of three phases, starting with a full-day workshop where entrants will be taught the intricacies of developing a comprehensive business plan,” explains Petro Bothma, the Group Enterprise Development Manager at BUSINESS/PARTNERS.

      “The workshops, which will be hosted in different regions across South Africa, will cover all the essential elements of starting a business, including business management, marketing, financial management and legal requirements.”

      Get Your Business Foundations Right

      Morobe says that it is very important that these hopeful entrepreneurs are able to lay a strong foundation from the start when considering owning and running their own business.

      “This is one of the reasons why we run the SME Toolkit Business Plan Competition for Young Aspiring Entrepreneurs each year. The ability to develop a comprehensive business plan is the best way to improve an entrepreneur’s chances of success outside of the competition.”

      Draft Your Business Plan And Submit

      Following the regional workshops, the participants will draft their own business plan and enter it as part of the second phase of the competition.

      Entrepreneurs-at-a-workshop

      From these plans, regional winners will be chosen who will receive a mentorship support voucher to the value of R10 000 each at regional award ceremonies and go through as finalists to the third phase of the competition.

      Drawing from the skills and expertise of an experienced mentor is a great way to grow a start-up business, says Morobe. “A mentor can play any number of roles – sometimes that of strategic adviser, technical expert or business consultant, and sometimes all of them at once.”

      The competition will culminate in an awards ceremony that will take place in Johannesburg on Tuesday 26 November, where a national winner will be announced and awarded a further R20 000 mentorship voucher, R 30 000 cash and a goodie bag comprising of various sponsored prizes.

      “It is crucial to equip aspiring entrepreneurs with skills, technical abilities, training, knowledge and guidance, as this upskilling contributes to enhanced prosperity of our country,” concludes Morobe.

      How To Enter

      To enter the SME Toolkit BUSINESS/PARTNERS Business Plan Competition for Aspiring Young Entrepreneurs, please visit http://smetoolkit.businesspartners.co.za/. The competition launched on 16 June 2019 and the closing date to enter is 17:00 on Wednesday, 31 July 2019.

      The workshops will take place between 12 and 23 August 2019 in Johannesburg, Pretoria, Durban and Cape Town as well as Polokwane, Nelspruit, Bloemfontein, Kimberley, Port Elizabeth and East London if more than 10 entries are received.

      Related:7 Strategies For Development As An Entrepreneur

      The regional award events will take place between 21 and 31 October and the National award ceremony is on 26 November 2019 in Johannesburg.

      ExpertHub Staff

      ExpertHub Staff

      ExpertHub’s award-winning team of Staff Writers deliver unique, insightful and curated content from successful business leaders, authors and subject matter experts. This highly-experienced team understands the information that business readers are looking for, what’s unique and impactful, and how to distil key ideas into actionable insights.

      Quick Links

      • Business Plan Advice
      • Business Plan Format Guide
      • Business Plan Format
      • Sample Business Plans

      NEWSLETTER SIGN-UP

      Sign-up for Weekly ExpertHub Updates

      * indicates required




      EXPERT INSIGHTS

      Startup Content Marketing: 3 Things To Do Right Now

      Startup Content Marketing: 3 Things To Do Right Now

      by Frank Hamilton

      Content marketing has become so popular that brands both big and small eagerly use it in almost every marketing campaign....

      Work Life Balance - Morning Mindset Practices

      Morning Mindset Practices Are Key To Maintaining Balance

      by Sheila Vaske

      Work / Life balance is a huge topic these days, and one that really needs some attention. I hear it...

      Must-Have Mindset for Business and Leadership Success

      Must-Have Mindset For Business and Leadership Success

      by Laura Di Franco

      Business and leadership success start with a discipline of mindset moves, including having fun with your fear.

      Improve Customer experience

      7 Methods Merchants Can Use To Transform the Customer Experience

      by Frank Hamilton

      How You Can Transform Your Customer Experience And Why It Is Important

      • HOME
      • LAUNCH
      • BUSINESS
      • LEADERSHIP
      • MONEY
      • SUCCESS
      • NEWS
      • About Us
        • Write for Us
        • Paid Content Services
        • Contact Us
      • About Us
      • Write for Us
      • Paid Content Services
      • Contact Us
      • Terms & Conditions
      • Data Privacy Policy
      • Privacy Policy
      • Sitemap

      Copyright © 2022 ExpertHub.info
      Revenue Growth Experts

      No Result
      View All Result
      • HOME
      • LAUNCH
      • BUSINESS
      • LEADERSHIP
      • MONEY
      • SUCCESS
      • NEWS
      • About Us
        • Write for Us
        • Paid Content Services
        • Contact Us

      Copyright © 2022 ExpertHub.info
      Revenue Growth Experts

      Login to your account below

      Forgotten Password?

      Fill the forms bellow to register

      All fields are required. Log In

      Retrieve your password

      Please enter your username or email address to reset your password.

      Log In