Com­pe­ti­tion to re­ward en­trepreneurs

Sunday World - - World Of Business -

IN AN EF­FORT to boost the level of en­trepreneur­ship in South Africa, San­lam and Busi­ness Part­ners have an­nounced the launch of the 2012 San­lam-busi­ness Part­ners En­tre­pre­neur of the Year com­pe­ti­tion.

This ini­tia­tive has served as a spring­board for past fi­nal­ists and win­ners.

Com­pe­ti­tion project man­ager Nimo Naido says: Be­sides the chance to win prizes worth a

“to­tal value of R1 345 000, which in­cludes cash prizes of R200 000, fi­nal­ists and win­ners are able to ex­pand their net­works and re­ceive in­valu­able ex­po­sure for their busi­nesses.”

We be­lieve this plays a cru­cial role in “el­e­vat­ing the stan­dard of en­tre­pre­neur­ial ac­tiv­ity, as well as fos­ter­ing a na­tional en­tre­pre­neur­ial spirit that di­rectly trans­lates into job cre­ation,” Naido says.

Ac­cord­ing to the 2010 Global En­trepreneur­ship Mon­i­tor, South Africa ranked 27th out of 59 coun­tries as­sessed for its over­all en­tre­pre­neur­ial ac­tiv­ity.

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