Our very first Entrepreneur Competition ended recently but the winners and finalists continue to reap the benefits of the exposure and training they received throughout the process.
A number of talented South African entrepreneurs competed for a grand prize worth R350,000, including free office space and business support services. Throughout the course of the competition, the contestants were challenged to develop their skills through various workshops and presentations.
They also gained a lot of media exposure, as local entrepreneur and business publications picked up on exciting competition developments and showcased their progress. This kind of exposure is invaluable to entrepreneurs and it’s one of the reasons The Workspace is so proud of this competition.
Through the exposure they received, Loyal1 has received numerous inquiries from businesses about their loyalty card app. They’ve also noticed a nice uptick in downloads around the time of the competition and their ultimate win.
The exposure came at a particularly good time too. Loyal1 is planning to release a new development and the lessons they have learned throughout the competition process will shape how they go about implementing these changes.
Sindi’s Best for All
Sindi’s Best for All secured some big new catering clients as a result of the competition. Unilever, Isuzu and the BAW Motor Retail Enterprise have all used Sindi’s catering services, as have a company called PATH and five additional private clients.
Sindi is also now part of the Barloworld Siyakhula and BAW Motor Retail Enterprise and Supplier development programme.
Sindi’s Best for All has built a reputation for providing quality catering and they often receive glowing testimonials from their clients. This reputation, along with the media exposure they gained from the competition, is sure to push the business to new heights.
Minatlou Trading 251
Minatlou Trading’s fairly unique offering has attracted the attention of many big brands, some looking for women’s personal protective clothing and equipment for construction and others looking for opportunities to collaborate.
Companies such as Flight Centre, along with a number of large corporates, have placed orders with Minatlou Trading.
Matla Risk Management Services
One of our top five finalists, Matla Risk Management Services’ Thabo Moodie says his pitching skills have improved drastically since participating in the skills development programmes we offered our contestants. He also says his business model has improved and become more focused.
Dwyka Mining Services
During the course of the competition, Dwyka Mining Services secured four new projects, including two prospective proof of concepts currently being evaluated by a diversified miner.
What’s in the future for The Workspace’s Entrepreneur Competition?
Our Entrepreneur Competition was such an enjoyable and successful endeavour for everyone involved that we’re already looking at having another one in 2019. Keep an eye out for more info and announcements on our website and social media.
Well done to all our participants, judges, sponsors and, most of all, our amazing finalists. We’re extremely proud of everyone who was involved in making this such a success. Here’s to the Entrepreneur Competition in 2019!