Hope for 250 Budding Entrepreneurs
Lack of training and funding for entrepreneurs trap South Africa in unemployment and poverty. The Awethu Project, in partnership with the Government’s Jobs Fund, is helping to liberate our entrepreneurial potential by giving away scholarships in Awethu’s entrepreneurship training academy worth over R11M, and equity investments of up to R250K (#Awe250K) in the best scholarship winners.
Awethu is the most innovative SMME investment company in South Africa, and it is Black and youth owned. It is using entrepreneurship to build the country we all want to live in – a fair country in which all South Africans can realise their potential. Awethu doesn’t care whether an entrepreneur runs a spaza shop or wants to become a Black Industrialist, as long as that entrepreneur has the ambition and talent to improve their lives through entrepreneurship, Awethu wants to invest in them.
Since its founding six years ago, Awethu has grown from a R60K startup into an institution with R160M to invest in its vision. It is backed by individuals and institutions ranging from Archbishop Tutu to Discovery Holdings.
Thanks to funding from Government’s Jobs Fund, Awethu is offering a life-changing opportunity to entrepreneurs who have ambition and talent, but lack entrepreneurship training. On offer are 250 scholarships, each worth R45K, to enter Awethu’s entrepreneurship training academy. At the end of the 6-month training programme, during which entrepreneurs are required to be running a business after month one, the top 10% of graduates will be eligible to receive an equity investment from Awethu’s investment fund of up to R250K (#Awe250K).
To get to know inspiring entrepreneurs who have already partnered with Awethu, visit awethuproject.co.za;facebook.com/AwethuProject or @AwethuProject on Twitter.
To apply, SMS ‘Ambition’ to 45345. Applications close on 31 August 2015.
Source: SA Good News – website: http://www.sagoodnews.co.za/