Big Success for Entrepreneurs competition

You embraced risk. Now it's time that you succeed. Nominate an entrepreneur to win their share of R1 million. 1st prize: R500 000; 2nd prize: R300 000; 3rd prize: R200 000. Your business or nominated business must be:
  • A registered, operational business.

  • A South African business.

  • A financially viable business that has been in existence for a minimum of two (2) years.

Please have the following documents ready to submit for the competition:
  • Company registration letter.

  • Business banking confirmation letter.

  • BEE certificate.

  • Copy of ID.

Keep the dreams of an
entrepreneur alive

It's time to nominate an entrepreneur for their share of R1 million. Give us more information about the entreprenuer you want to nominate.

Competition timeline 2024

Every entrepreneur knows that time is money. Here’s how you can expect your investment in this competition to grow over time.
  1. 03 May

    Registration opens
  2. 20 May

    Registration closes
  3. 30 June

    Announcement of winners

Meet our past winners

Entrepreneurs use advice to reap success. This is the 5th year that we’ve empowered entrepreneurs to take charge of their goals and aspirations. From vegan ice cream and beauty products, to wellness solutions- this is how past entrepreneurs have turned good advice into their financial success.
  • Renisha & Basheera

    My Online Therapist: R500k (1st place)

    Share this story

  • Jabulile & Nompumelelo

    Lesedi Scientific: R300k (2nd place)

    Share this story

  • Zibu Masotobe

    Zoluhle: R200k (3rd place)

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#Advice for success

Looking to take your entrepreneurial
journey to the next level?

Connect with a financial adviser

Find an adviser

Fast facts: Entrepreneurship in
South Africa

70%

More than 70% of SMMEs fail in the first 2 years, and thus being in this survivalist stages of development are unable to make meaningful contributions to the economy.

Most SMMEs are owner-run

The majority of SMMEs are owner-run requiring more time form the individual than would have otherwise expected. Capacity and knowledge to hire is limited.

5 years

Successful SMMEs only start seeing returns and stability of the business after 5 years running.

68%

68% of South Africans want to change the way they make money, with the majority of these wanting to own their own businesses.

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