Western Cape on track to become the ‘Silicon Valley’ of Africa

May 022013
 

Globally known for its serene natural beauty and cultural diversity, the Western Cape is on track to becoming more than just a tourist destination. The region, renowned for its robust entrepreneurial activity, is fast establishing itself as Africa’s ‘Silicon Valley’, a region in California which is home to some of the world’s largest technology companies, as well as many entrepreneurial ventures.

This is according to Stuart Forrest, owner of Triggerfish Animation and 2012 winner of the Sanlam / Business Partners Entrepreneur of the Year® competition, who says that the easy accessibility of technology and lower costs for business startups encourages more individuals within the space to undertake entrepreneurial ventures.

He says that the consistent growth of small tech-focused businesses in Cape Town and the accessibility of educational institutions continue to create fertile ground for entrepreneurial activity within the region… more

2013 EOY competition launches

Feb 122013
 

25 years on and still committed to fostering entrepreneurship in SA

Entrepreneurship is crucial in stimulating a country’s economy, as well as fostering critical skills development and job creation. It is therefore vital that entrepreneurship is embraced and celebrated locally.

Celebrating its 25th anniversary this year, South Africa’s pre-eminent entrepreneurial showcase, the 2013 Sanlam / Business Partners Entrepreneur of the Year® competition has been launched, offering a free platform for the country’s leading entrepreneurs to share their achievements and elevate the profile of their businesses, as well as their profits.

According to Nimo Naidoo, project manager at Sanlam / Business Partners Entrepreneur of the Year®, the competition also provides entrepreneurs with the chance to win prizes worth R 1 340 000, which includes cash prizes to the value of R300 000… more

Entrepreneurs urged to embrace online tools to overcome challenges

Oct 082012
 

It is essential that South African entrepreneurs and small business owners utilise all tools and resources available at their disposal, in order to reduce the relatively high current business failure rate in the country and to overcome challenges they are experiencing.

This is according to Nimo Naidoo of the Sanlam / Business Partners Entrepreneur of the Year® competition, who says there is a wealth of tools and information available online that can be used to empower business owners with crucial SME skills, as well as streamline existing administrative and marketing functions.

“Data from the most recent 2011 GEM Global Report reveals that South Africa has the second lowest established business ownership rate amongst all efficiency-driven economies, consisting of businesses older than 3.5 years. This illustrates a high rate of failure or lack of growth amongst entrepreneurs and small businesses,” says Naidoo… more

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