From left Lynette Roodt (judge) Lele Mehlomakulu ( judge) Sandy van Dijk…
Entrepreneurs’ Organisation gives student a business boost
The annual Global Student Entrepreneur Awards (GSEA) announced Amanda Jojo, owner of Amangie Parables of events, as its South African winner during an awards event which took place in Cape Town at the end of last week.
“I am honoured to win this competition. It will enable me to grow my business and I look forward to learning all that I can,” says the first prize winner, Amanda Jojo from the Eastern Cape.
In its second year in South Africa, the Global Student Entrepreneur Awards is a Global Competition which seeks to find young people with an entrepreneurial spirit, and guide them in becoming the business leaders of tomorrow, providing them with a cash injection for their businesses, but also mentorship assistance on a global scale.
The winner received a cash prize of R1 000, 00 and secured her place in Germany, where she will compete against other shortlisted candidates from around the globe.
To enter the awards, contestants needed to illustrate they were successfully running a business for at least six months while studying and the business has an annual turnover of 500US$ (R65 000). Five other finalists from across South Africa participated.
- Angela Shikwamba of MA holdings, a group that has over four companies in SA, one of which is MA holdings – an online company that offers university courses.
- Imraan Kajee of FutureShop, an online application that compares prices and finds products for customers, with door-to-door delivery.
- Bheki Mashaba, who runs Creatives United, a marketing company focused mainly on the entertainment industry.
- Clinton Ngobe, owner of Uyitolotolo Holdings, an Enterprise Development Company. They assist small to medium size businesses with day to day problems, strategy design and implementation, consultations and business linkage facilitation.
- Belarmino De Oliveira, owner of ODDJOBS, a job site that provides jobs that can be done and paid for within the hour, helping people in need of quick money and people that needs quick tasks done, with no long term commitments.
GSEA is part of The Entrepreneurs’ Organisation, an invitation only network with the goal of business or entrepreneurship knowledge sharing, and networking
“The GSEA awards allow us to identify and help nurture the aspiring entrepreneurs of tomorrow. South Africa is in need of entrepreneurial talent, people who can identify gaps and provide solutions thereby contributing to growing and improving our economy,” says Ross Drakes, member of the Entrepreneurs’ Organisation. “We are committed to helping entrepreneurs grow their businesses and believe the students who are just starting out need as much support as they can get.”
Tokologo Phetla from Wits University was a winner in 2016, he owns Moneytree Group (Pty) Ltd, a niche Media and Publishing business. “This competition has increased my business exposure. I have improved my business model, and the business turnover has improved,” he concludes.
Amanda Jojo now advances to the GSEA Finals with 50 of the world’s best student entrepreneurs. The Finals take place in Frankfurt, Germany 27-29 April 2017.
Notes to the editor
According to the 2016 Global Entrepreneurship Monitor (GEM) report for South Africa, entrepreneurs in the country declined during 2015 to 2016. According to the report, entrepreneurial intentions in SA have almost halved when compared to 2010 and are 3.6 times lower than the African average. In contrast, the DTI Annual Review of small business in South Africa 2005-2007, outlines some progress in creating an enabling environment for SMMEs, but the research results show a majority of enterprises remaining in the nascent and ‘baby business’ phases (fewer than 3.5 years in existence), pointing to the need to systematically address this challenge.
|Issued on behalf of
The Entrepreneur Organisation
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About Global Student Entrepreneur Awards (GSEA)
The Global Student Entrepreneur Awards (GSEA) is a global competition for students who own and operate a business while attending college of university. Nominees compete against their peers from around the world in a series of local and/or national competitions in hopes to qualify for GSEA Finals. Founded in 1998 by Saint Louis University, GSEA is now an Entrepreneurs’ Organization program.
About Entrepreneurs Organisation (EO)
It is a peer-to-peer network exclusively for entrepreneurs. Since 1987, EO has been transforming the lives of the entrepreneurs who transform the world. As a global thought leader on entrepreneurship, EO plays an integral role in businesses, industries and the lives of leading entrepreneurs.
This global business body has presence in over 50 countries around the globe.