SAB kickstarts youth entrepreneurship competition
JOBURG - The South African Breweries’ (SAB) youth entrepreneurship development programme, SAB KickStart, has opened its 2014/2015 competition entries to entrepreneurs between the ages of 18 and 35.
SAB KickStart which started in May 1995, is one of the longest standing youth entrepreneurship programmes and has assisted with the start-up of more than 3 500 businesses.
Entrants selected to participate in the 18 month-long programme stand the chance of winning a share of R6 million worth of business support, including an international business learning trip.
Last year, SAB KickStart’s 14 national finalists created more than 60 jobs within their respective communities.
The business development support package includes business skills training, a business development strategy, grant funding and personalised mentorship.
“Providing this comprehensive business support we believe can make a significant contribution to growing high impact businesses that are sustainable beyond the normal failure period of three years,” said Boipelo Nkadimeng, SAB Head Enterprise Development and Community Partnerships.
The recruitment phase selects 60 entrants who are provided with intensive business skills training over a period of two weeks. During this training, participants are shown how to develop an effective business plan. The best of these plans are selected by an independent adjudication panel, and entrepreneurs go through to the final and national stage of the competition.
Entries into the competition close midnight on the 30th May 2014, and SAB will invite successful candidates to a selection interview.
