Deadline: 28 February 2017
Entries are open for the Entrepreneur of the Year® competition that recognises and honours South African entrepreneurs in the small and medium enterprises (SMEs) sector. The competition celebrates excellence in entrepreneurship with the aim to inspire others to venture into and succeed in the world of business.
Entrepreneur of the Year® is not just about the competition. It is more than that. Entrepreneur of the Year® is about developing the standard of excellence in entrepreneurship all over South Africa. It is about promoting that excellence as the norm and not the exception. It is about promoting entrepreneurship as an honourable and rewarding, yet challenging career. It is about educating entrepreneurs so that they reach that standard of excellence.
Prizes
- Finalists stand the chance to win prizes worth a total value of R2 million, which includes cash prizes of R425 000.
- Finalists and winners are able to expand their networks and receive invaluable exposure for their businesses as a result of the competition.
Eligibility Criteria
- Entrepreneurs need to be based in South Africa.
- Entrepreneurs who enter may be considered for the following categories in the Entrepreneur of the Year® competition:
- Emerging Entrepreneur: An entrepreneur who has been in their present business for a maximum of 5 years and with a turnover not exceeding R5 million on the date the entry form is received by the steering committee.
- Small Business Entrepreneur: An entrepreneur who runs a business, irrespective of length of time during which it has been active, with a turnover of between R5 million and R20 million in the tax year immediately preceding the date of entering the competition.
- Medium Business Entrepreneur: An entrepreneur who runs a business, irrespective of the length of time during which it has been active, with a turnover of more than R20 million in the tax year immediately preceding the date of entering the competition. The controlling owner must be stated.
- Job Creator of the Year: An entrepreneur who not only employs a significant number of employees, but also plays a key role in uplifting, up-skilling and training them. They help towards making a dent in the unemployment rate of the community, area, province and country where the business is situated.
- Innovator of the Year
- Reinvented the way business is done in his/her industry
- Been innovative in the product or service being offered to the market
- Found a way of drawing the best qualified and technical people in his/her industry and kept them by creating a special environment where employees can flourish
How to Apply
Applications must be submitted online via given website.
Eligible Country: South Africa
For more information, please visit Entrepreneur of the Year®.