See Why Township entrepreneurs Are To Be Celebrated

The Gauteng province is set to showcase and reward young entrepreneurs making moves in township markets this month

The Gauteng Department of Economic Development (GDED) will shine  the spotlight on township business-owners at the inaugural Township Entrepreneur Awards on 12 March 2016 at the University of Johannesburg’s Soweto Campus.

The awards, which is a first of its kind in SA, are endorsed by the Black Business Council and National African Federated Chamber of Commerce. It aims to recognise and celebrate inspirational businesses coming from the province’s disadvantaged areas, from Meadowlands to Mamelodi.

“In Gauteng, the plight of youth unemployment has hit our young even harder than the rest of the  country,”  said MEC for Economic Development, Environment, Agriculture and Rural Development Lebogang Maile.

She quoted recent data from Stats SA, which found that the employment share of youth declined by the largest amount in Gauteng, down by 6,2 percentage points.

“It is against this backdrop that the GDED recognises entrepreneurship as one of the enablers for the Gauteng City Region to make considerable inroads when tackling unemployment. Recognising entrepreneurship through the Township Entrepreneur Awards cannot be over-emphasised,” explained Maile.

Over 250 entries were received, screened and adjudicated. Selection criteria included innovation and creativity, financial management and performance, social and community impact, sustainability and economic opportunities, as well as management systems and processes.

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– All nominees receive R100 000 cash for their business (R50 000 will be used to fix business needs stipulated by the business assessors, while the remainder will be an unconditional cash injection).
– Category winners to be given an additional R200 000 cash for their business (R150 000 will be used to fix business needs stipulated by the business assessors, with the remainder an unconditional cash injection).
– The Woman Entrepreneur category winner will net an additional R60 000 Gordon Institute of Business Science Scholarship.

All nominees will be afforded the following services from the Gauteng Enterprise Propeller:

– Business assessment to identify the needs for the business.
– Businesses will have access to an advisory panel for a period of five years that will provide mentorship and coaching for all end-to-end business services requirements.
– Businesses will be provided with business development support
– All nominees will be given a University of Johannesburg scholarship for a six-month entrepreneurship training course.

All businesses will be subject to monitoring and evaluation after the implementation of the recommendations from the assessment.

Here are the finalists:

Youth Entrepreneur

Phindile Mokoena
Company: Mmena-Kwena Construction & Projects
Township: Tsakane

Sabelo Mhlomi
Company: Mohlakeng Medical Centre
Township: Mohlakeng

Kgomotso Pooe
Company: Soweto Outdoor Adventures
Township: Pimville

Nambitha Nutritional Products
Company: Nambitha Nutritional Products
Township: Orange Farm

Services

Harriet Matjila and Anna Hartebeest
Company: Makhabisi Recycling & Trading
Township: Reiger Park

Lawrence Mpinga
Company: Siyafunda Adult Education & Training
Township: Orange Farm

Sabelo Mhlomi
Company: Mohlakeng Medical Centre
Township: Mohlakeng

Woman Entrepreneur

Phindile Mokoena
Company: Mmena-Kwena Construction and Projects
Township: Tsakane

Sheila Sekhitla
Company: The View Guesthouse
Township: Tembisa

Harriet Matjila and Anna Hartebeest
Company: Makhabisi Recycling & Trading
Township: Reiger Park

Tourism and Creative Industries

Glad Mabele
Company: Bala Books Creations
Township: Meadowlands

Sheila Sekhitla
Company: The View Guesthouse
Township: Tembisa

Bongani Khumalo
Company: Flexi Tours and Logistics
Township: Dobsonville Gardens

Kgomotso Pooe
Company: Soweto Outdoor Adventures
Township: Pimville

source: destinyman

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